Høvegaard ApS

CVR 32664709 · Private limited company (ApS) · Active · Low risk

Høvegaard ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry blandet landbrugsdrift. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 16 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.9m and a net result of DKK -460k.

Bankruptcy risk for Høvegaard ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
32664709
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o Nicklas Toelstang, Ringstedvej 661
4100 Ringsted
Municipality
Køge
Industry
Blandet landbrugsdrift (015000)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 231k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio32.1%
Current ratio28%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 225kDKK 303kDKK -71k
Net profitDKK -460kDKK -188kDKK -334k
EquityDKK 3.9mDKK 4.3mDKK 534k
Total assetsDKK 12.1mDKK 12.4mDKK 12.4m
CashDKK 10kDKK 10k–
Short-term debtDKK 1.4mDKK 1.4m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 202071
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014181
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011165
29 Dec 2009 – 31 Dec 2010166

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
CEOPer Toelstang
BoardPer ToelstangCurrent
BoardNicklas ToelstangCurrent
Owner (25%)Toelstang Holding ApSCurrent
Owner (67%)MP Toelstang Holding ApSCurrent
Owner (100%)Per Toelstang
Owner (50%)Toelstang Holding ApS
Owner (50%)MP Toelstang Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPROFIL REVISION ApS
AuditorInvesteringsselskabet af 20. september 2008 ApS
AuditorInvesteringsselskabet af 20. september 2008 ApS
AuditorOne Revision Statsautoriseret Revisionspartnerselskab
FounderPer ToelstangCurrent

The CEOs' other companies

Per Toelstang – 42 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Nicklas Toelstang, Ringstedvej 661, 4100 Ringsted
Stærkendevej 145, 2640 Hedehusene

Former names

Høvegaard ApS – now
T-INVEST I ApS –
TOELSTANG INVEST II ApS –

Other companies at the same address

Similar companies in Køge

Questions and answers about Høvegaard ApS

Has Høvegaard ApS gone bankrupt?

No, Høvegaard ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Høvegaard ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the auditor of Høvegaard ApS?

Høvegaard ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Høvegaard ApS founded?

Høvegaard ApS was founded on 29 December 2009.

What is the equity of Høvegaard ApS?

Equity was DKK 3.9m 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.