First Seafood Hvide Sande A/S

CVR 34093180 · Public limited company (A/S) · Active · High risk

First Seafood Hvide Sande A/S is a Public limited company (A/S), founded on , based in Hvide Sande. The company is registered in the industry engroshandel med fisk og fiskeprodukter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 14 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK -8.4m.

Bankruptcy risk for First Seafood Hvide Sande A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
34093180
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Tungevej 2
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Engroshandel med fisk og fiskeprodukter (463220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 700k
Employees
18 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 14
Missing annual reportNo
Negative equityNo
Equity ratio5.5%
Current ratio108%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 7.1mDKK 12.1mDKK 19.4m
Net profitDKK -8.4mDKK -6.8mDKK -8.7m
EquityDKK 2.7mDKK 11.0mDKK -2.1m
Total assetsDKK 48.3mDKK 36.0mDKK 45.7m
CashDKK 2.7mDKK 1.0m–
Short-term debtDKK 35.6mDKK 14.9m–
Avg. employees3236–

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 2025180
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020155
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017128
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013146
20 Dec 2011 – 31 Dec 2012143

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
CEOPeter Søndergaard
CEOHenrik Andersen
CEOMorten Veilgaard Sander
BoardMorten Veilgaard SanderCurrent
BoardJesper Kold SørensenCurrent
BoardJane Bisgaard EierstedCurrent
BoardSigvald Arctander RistCurrent
BoardKnud Søndergaard
BoardJørn-Ole Bertelsen
BoardPeter Søndergaard
BoardHenrik Andersen
BoardNiels-Erik Bertelsen
BoardSusanne Grønlund
BoardMerethe Helene Holte
BoardJan Erik Angelsen
BoardSigvald Arctander Rist
BoardInger Johanne Solhaug
BoardBørre Opsahl
BoardOlav Holst-Dyrnes
BoardAmund Fjørtoft
BoardTorstein Klokk Pettersen
BoardAndreas Sundnes
BoardRoy Olsen
BoardRoger Aspen
BoardJesper Kold Sørensen
BoardAmund Fjørtoft
BoardThomas Peter Vaale Ljugqvist
Owner (100%)AMANDA SEAFOODS A/SCurrent
Owner (50%)PETER SØNDERGAARD HOLDING ApS
Owner (50%)CHRISFISH DANMARK A/S
Owner (100%)CHRISFISH DANMARK A/S
Owner (100%)AMANDA SEAFOODS A/S
Owner (100%)First Seafood AS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPETER SØNDERGAARD HOLDING ApSCurrent
FounderCHRISFISH DANMARK A/SCurrent

The CEOs' other companies

Peter Søndergaard – 4 other companies

Henrik Andersen – 6 other companies

Morten Veilgaard Sander – 11 other companies

Address history (3 moves)

Tungevej 2, 6960 Hvide Sande
Tungevej 2, 6960 Hvide Sande
Vestergade 14, 6960 Hvide Sande
Fiskerihavnsgade 47, 9900 Frederikshavn

Former names

First Seafood Hvide Sande A/S – now
Insula Hvide Sande A/S –
KNUD SØNDERGAARD FISKEEKSPORT A/S –

Employees per year

Number of employees at First Seafood Hvide Sande A/S per year16312012: 2020122013: 3120132014: 3120142015: 2020152016: 2720162017: 1420172018: 182018

Similar companies in Ringkøbing-Skjern

Questions and answers about First Seafood Hvide Sande A/S

Has First Seafood Hvide Sande A/S gone bankrupt?

No, First Seafood Hvide Sande A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of First Seafood Hvide Sande A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of First Seafood Hvide Sande A/S?

First Seafood Hvide Sande A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was First Seafood Hvide Sande A/S founded?

First Seafood Hvide Sande A/S was founded on 20 December 2011.

What is the equity of First Seafood Hvide Sande A/S?

Equity was DKK 2.7m 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.