HORSENS VAND ENERGI A/S

CVR 34086699 · Public limited company (A/S) · Active · Low risk

HORSENS VAND ENERGI A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry produktion af elektricitet fra vedvarende energikilder. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 14.0m and a net result of DKK 1.2m. CEO: Morten Wind Andersen.

Bankruptcy risk for HORSENS VAND ENERGI A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
34086699
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Alrøvej 11
8700 Horsens
Municipality
Horsens
Industry
Produktion af elektricitet fra vedvarende energikilder (351200)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 500k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio89.6%
Current ratio272%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 6.9mDKK 5.5mDKK 5.7m
Gross profitDKK 2.1mDKK 1.3mDKK 1.6m
Net profitDKK 1.2mDKK 443kDKK 720k
EquityDKK 14.0mDKK 12.8mDKK 12.3m
Total assetsDKK 15.6mDKK 15.7mDKK 15.2m
CashDKK 711kDKK 2.7m–
Short-term debtDKK 799kDKK 2.4m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020156
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014151
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012148
1 Jul 2011 – 31 Dec 2011145

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
CEOMorten Wind AndersenCurrent
CEONicolaj Ørskov Olsen
CEOJacob Knudsen
CEOMichael Lind-Frandsen
CEOJacob Knudsen
BoardAnne EllegaardCurrent
BoardJens Peder Wonsbeck HansenCurrent
BoardAlex Kjeld PedersenCurrent
BoardChristina Skipper RavnCurrent
BoardJesper GudiksenCurrent
BoardMette Buch Pold
BoardOle Texel Jakobsen
BoardOve Steen Nielsen
BoardJacob Knudsen
BoardErling Ladefoged Nielsen
BoardTore Krautwald
BoardKen Trabjerg Pedersen
BoardMarianne Randrup Rasmussen
BoardLars Birkemose
BoardOle Texel Jakobsen
Owner (100%)HORSENS VAND HOLDING A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderHORSENS VAND A/SCurrent

The CEOs' other companies

Morten Wind Andersen – 3 other companies

Nicolaj Ørskov Olsen – 13 other companies, of which 1 bankrupt

Jacob Knudsen – 2 other companies

Michael Lind-Frandsen – 2 other companies

Address history (1 moves)

Alrøvej 11, 8700 Horsens
Grønlandsvej 5, 2., 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about HORSENS VAND ENERGI A/S

Has HORSENS VAND ENERGI A/S gone bankrupt?

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

What is the bankruptcy risk of HORSENS VAND ENERGI A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HORSENS VAND ENERGI A/S?

Morten Wind Andersen is the CEO of HORSENS VAND ENERGI A/S.

Who is the auditor of HORSENS VAND ENERGI A/S?

HORSENS VAND ENERGI A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was HORSENS VAND ENERGI A/S founded?

HORSENS VAND ENERGI A/S was founded on 16 December 2011.

What is the equity of HORSENS VAND ENERGI A/S?

Equity was DKK 14.0m 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.