Hvidevareland A/S

CVR 32651186 · Public limited company (A/S) · Active · Low risk

Hvidevareland A/S is a Public limited company (A/S), founded on , based in Vejle Øst. The company is registered in the industry detailhandel med elektriske husholdningsapparater. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK 427k. CEO: René Wistoft Hastrup.

Bankruptcy risk for Hvidevareland A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
32651186
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Strandvejen 63A
7120 Vejle Øst
Municipality
Vejle
Industry
Detailhandel med elektriske husholdningsapparater (475400)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
6 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio168%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.6mDKK 2.3mDKK 1.9m
Net profitDKK 427kDKK 234kDKK -687k
EquityDKK 4.9mDKK 4.5mDKK 4.3m
Total assetsDKK 9.2mDKK 8.1mDKK 9.8m
CashDKK 516kDKK 367k–
Short-term debtDKK 3.6mDKK 3.0m–
Avg. employees77–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011166
4 Dec 2009 – 31 Dec 2010165

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
CEORené Wistoft HastrupCurrent
CEOSvend Kurt Jensen
BoardRené Wistoft HastrupCurrent
BoardClaus LundagerCurrent
BoardSvend Kurt JensenCurrent
BoardSøren Thygesen
BoardSøren Rødbro Jensen
Owner (33%)CLAUSAGER JENSEN HOLDING ApSCurrent
Owner (50%)HASLUND HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderCLAUSAGER JENSEN HOLDING ApSCurrent

The CEOs' other companies

René Wistoft Hastrup – 2 other companies

Svend Kurt Jensen – 11 other companies, of which 1 bankrupt

Address history (1 moves)

Strandvejen 63A, 7120 Vejle Øst
Ibæk Strandvej 10, 7100 Vejle

Former names

Hvidevareland A/S – now
JENSEN.COMPANY VEJLE A/S –

Employees per year

Number of employees at Hvidevareland A/S per year362011: 420112012: 320122013: 420132014: 420142015: 420152016: 520162017: 520172018: 62018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Hvidevareland A/S

Has Hvidevareland A/S gone bankrupt?

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

What is the bankruptcy risk of Hvidevareland A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Hvidevareland A/S?

René Wistoft Hastrup is the CEO of Hvidevareland A/S.

Who is the auditor of Hvidevareland A/S?

Hvidevareland A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Hvidevareland A/S founded?

Hvidevareland A/S was founded on 4 December 2009.

What is the equity of Hvidevareland A/S?

Equity was DKK 4.9m according to the annual report for the period ending 31 December 2025.

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