H. HVOLGAARD A/S

CVR 32886728 · Public limited company (A/S) · Active · Medium risk

H. HVOLGAARD A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.6m and a net result of DKK 404k. CEO: Helene Meedom Vejvad Hvolgaard.

Bankruptcy risk for H. HVOLGAARD A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

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×
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×

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
32886728
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Virkelyst 22
7400 Herning
Municipality
Herning
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 500k
Employees
19 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio26.0%
Current ratio107%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 1.6m
Net profitDKK 404kDKK 691k
EquityDKK 2.6mDKK 2.8m
Total assetsDKK 9.8mDKK 8.4m
CashDKK 1.3m–
Short-term debtDKK 6.0m–
Tax owedDKK 81k–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020158
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017103
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013121
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011106
29 Apr 2010 – 31 Dec 2010160

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
CEOHelene Meedom Vejvad HvolgaardCurrent
BoardHelene Meedom Vejvad HvolgaardCurrent
BoardHenrik Vejvad HvolgaardCurrent
BoardMichael Meedom VejvadCurrent
BoardErik Flemming Vejvad
Owner (100%)HVH HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHVH HOLDING ApSCurrent

The CEOs' other companies

Helene Meedom Vejvad Hvolgaard – 1 other companies

Address history (0 moves)

Virkelyst 22, 7400 Herning

Employees per year

Number of employees at H. HVOLGAARD A/S per year10192011: 1320112012: 1720122013: 1220132014: 1520142015: 1420152016: 1620162017: 1520172018: 192018

Other companies at the same address

Similar companies in Herning

Questions and answers about H. HVOLGAARD A/S

Has H. HVOLGAARD A/S gone bankrupt?

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

What is the bankruptcy risk of H. HVOLGAARD A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of H. HVOLGAARD A/S?

Helene Meedom Vejvad Hvolgaard is the CEO of H. HVOLGAARD A/S.

Who is the auditor of H. HVOLGAARD A/S?

H. HVOLGAARD A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was H. HVOLGAARD A/S founded?

H. HVOLGAARD A/S was founded on 29 April 2010.

What is the equity of H. HVOLGAARD A/S?

Equity was DKK 2.6m 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.