HVACON Marine Systems A/S

CVR 32643434 · Public limited company (A/S) · Active · Low risk

HVACON Marine Systems A/S is a Public limited company (A/S), founded on , based in Frederikssund. The company is registered in the industry bygning af civile skibe og flydende materiel. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 15 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 60.5m and a net result of DKK 35.5m.

Bankruptcy risk for HVACON Marine Systems A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
32643434
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Elsenbakken 13
3600 Frederikssund
Municipality
Frederikssund
Industry
Bygning af civile skibe og flydende materiel (301100)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 2.7m
Employees
7 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio44.0%
Current ratio219%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 72.6mDKK 58.7m
Net profitDKK 35.5mDKK 27.9m
EquityDKK 60.5mDKK 36.0m
Total assetsDKK 137.4mDKK 97.9m
CashDKK 24k–
Short-term debtDKK 61.5m–
Tax owedDKK 6.8m–
Avg. employees27–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025135
1 Jul 2023 – 30 Jun 202492
1 Jul 2022 – 30 Jun 202381
1 Jul 2021 – 30 Jun 202253
1 Jul 2020 – 30 Jun 202193
1 Jul 2019 – 30 Jun 202099
1 Jul 2018 – 30 Jun 2019148
1 Jul 2017 – 30 Jun 2018109
1 Jul 2016 – 30 Jun 2017160
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014191 Late
1 Jan 2013 – 31 Dec 2013143
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011135
20 Nov 2009 – 31 Dec 2010157

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOChristian Günckel Damsgaard
BoardClaes Fog BølgeCurrent
BoardAnbjørn ÅdlandCurrent
BoardHans OttosenCurrent
BoardHenrik ElbækCurrent
BoardCarsten Yde HemmeCurrent
BoardHenrik NormannCurrent
BoardIngrid Marie Vincent AndersenCurrent
BoardFinn Wollesen Petersen
BoardLars Haagen Hansen
BoardJan Meinertz
BoardSøren Hahnemann
BoardRussell James Brice
BoardLars Haagen Hansen
BoardChristel Bølge
BoardChristel Bølge
BoardRasmus Fog Bølge
Owner (100%)CapHold HMS ApSCurrent
Owner (5%)Jan Meinertz
Owner (5%)Jørgen Wegeberg
Owner (5%)Søren Hahnemann
Owner (5%)Holger Schou Madsen
Owner (33%)Wollesen Islands ApS
Owner (15%)CCB PROJECT HOUSE ApS
Owner (100%)CCB PROJECT HOUSE ApS
Owner (50%)CCB PROJECT HOUSE ApS
Owner (25%)RWB Holding ApS
Owner (20%)Anbjørn Ådland NUF
AuditorEY Godkendt RevisionspartnerselskabCurrent
Auditorinforevision statsautoriseret revisionsaktieselskab
AuditorGR Statsautoriseret Revisionsanpartsselskab
AuditorRevisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
AuditorRevisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
AuditorLPOG ApS STATSAUTORISEREDE REVISORER
FounderWollesen Islands ApSCurrent
FounderCCB PROJECT HOUSE ApSCurrent

The CEOs' other companies

Christian Günckel Damsgaard – 1 other companies

Address history (3 moves)

Elsenbakken 13, 3600 Frederikssund
Kignæsskrænten 3, 3630 Jægerspris
Gammel Draabyvej 38, 3630 Jægerspris
Godthåbsvej 7B 3060, 3060 Espergærde

Former names

HVACON Marine Systems A/S – now
SWORC A/S –

Employees per year

Number of employees at HVACON Marine Systems A/S per year472015: 020152016: 320162017: 220172018: 72018

Other companies at the same address

Questions and answers about HVACON Marine Systems A/S

Has HVACON Marine Systems A/S gone bankrupt?

No, HVACON Marine Systems A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HVACON Marine Systems A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of HVACON Marine Systems A/S?

HVACON Marine Systems A/S most recently used EY Godkendt Revisionspartnerselskab.

When was HVACON Marine Systems A/S founded?

HVACON Marine Systems A/S was founded on 20 November 2009.

What is the equity of HVACON Marine Systems A/S?

Equity was DKK 60.5m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.