Howico A/S

CVR 33970153 · Public limited company (A/S) · Active · Very high risk

Howico A/S is a Public limited company (A/S), founded on , based in Gentofte. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 15 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -767k and a net result of DKK -271k. CEO: Mikkel Hvidt Kessler.

Bankruptcy risk for Howico A/S

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
33970153
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
Mesterlodden 16
2820 Gentofte
Municipality
Gentofte
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 1.8m
Employees
6 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 15
Missing annual reportNo
Negative equityYes
Equity ratio-47.9%
Current ratio46%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 626kDKK -974k
Net profitDKK -271kDKK -3.9m
EquityDKK -767kDKK -496k
Total assetsDKK 1.6mDKK 1.2m
CashDKK 106k–
Short-term debtDKK 2.4m–
Tax owedDKK 14k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025172
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021196 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016124
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013174
1 Jan 2012 – 31 Dec 2012159
13 Oct 2011 – 31 Dec 2011170

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
CEOMikkel Hvidt KesslerCurrent
CEOAgnieszka de Linde
CEOPiotr Grzegorz Nowaczewski
CEOAllan Martin Posborg Back
CEOJesper Christian Villadsen
CEOAllan Martin Posborg Back
CEOFlemming Nesager-Kristensen
BoardAllan Martin Posborg BackCurrent
BoardMikkel Hvidt KesslerCurrent
BoardFarooq BukhshCurrent
BoardRasmus Haugaard
BoardMartin Løvstrup Knudsen
BoardLasse Løvstrup Knudsen
BoardMikkel Lynge Pedersen
BoardAgnieszka de Linde
BoardMorten Moltke Nygaard
BoardPiotr Grzegorz Nowaczewski
BoardMarek Marczak
BoardPiotr Burylo
BoardKristian Vestergaard Bonde
BoardJesper Christian Villadsen
BoardMikkel Hvidt Kessler
BoardLasse Løvstrup Knudsen
BoardFlemming Nesager-Kristensen
Owner (100%)Howico Holding ApSCurrent
Owner (100%)de linde ApS
Owner (100%)LL KNUDSEN INVEST ApS
AuditorREVISIONVEST STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorJørn Møller Christoffersen
AuditorLægård Revision Statsautoriseret revisionsfirma
FounderMatr.nr. 163a ApSCurrent

The CEOs' other companies

Mikkel Hvidt Kessler – 14 other companies, of which 2 bankrupt

Agnieszka de Linde – 6 other companies, of which 1 bankrupt

Allan Martin Posborg Back – 14 other companies, of which 2 bankrupt

Jesper Christian Villadsen – 9 other companies, of which 2 bankrupt

Flemming Nesager-Kristensen – 4 other companies, of which 1 bankrupt

Address history (7 moves)

Mesterlodden 16, 2820 Gentofte
Bjælkevangen 2, 2690 Karlslunde
Drejergangen 9C, 2690 Karlslunde
Møllelodden 1, 2791 Dragør
Ølstrupvej 4, 6971 Spjald
Busbjergvej 83, 8850 Bjerringbro
Sct. Mogens Gade 44D, 8800 Viborg
Toldbod Plads 2, 9000 Aalborg

Former names

Howico A/S – now
MK-Byg A/S –
HUS INVEST A/S –

Employees per year

Number of employees at Howico A/S per year23452016: 4520162017: 220172018: 62018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Howico A/S

Has Howico A/S gone bankrupt?

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

What is the bankruptcy risk of Howico A/S?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Howico A/S?

Mikkel Hvidt Kessler is the CEO of Howico A/S.

When was Howico A/S founded?

Howico A/S was founded on 13 October 2011.

What is the equity of Howico A/S?

Equity was DKK -767k 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.