Shell Vaarst Biogas A/S

CVR 34734623 · Public limited company (A/S) · Active · Low risk

Shell Vaarst Biogas A/S is a Public limited company (A/S), founded on , based in Odense SØ. The company is registered in the industry produktion af gas. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 38.9m and a net result of DKK -18.2m. CEO: Steen Asferg Rasmussen.

Bankruptcy risk for Shell Vaarst Biogas A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
34734623
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
Ørbækvej 260
5220 Odense SØ
Municipality
Odense
Industry
Produktion af gas (352100)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 2.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio36.5%
Current ratio36%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address38
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK -3.3m
Net profitDKK -18.2mDKK -21.8m
EquityDKK 38.9mDKK 7.1m
Total assetsDKK 106.4mDKK 107.0m
CashDKK 20k–
Short-term debtDKK 62.3m–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025128
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022123
1 Jan 2021 – 31 Dec 202190
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 201998
1 Jan 2018 – 31 Dec 201878
1 Jan 2017 – 31 Dec 201787
1 Jan 2016 – 31 Dec 201675
1 Jan 2015 – 31 Dec 201571
1 Jan 2014 – 31 Dec 201471
8 Nov 2012 – 31 Dec 201399

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
CEOSteen Asferg RasmussenCurrent
CEOHans Duus Jørgensen
CEOSøren Juul Sandvei
CEOThomas de Boer
BoardThomas RathkjenCurrent
BoardLisa Bo LarsenCurrent
BoardSteen Asferg RasmussenCurrent
BoardJørn Windahl
BoardHans Duus Jørgensen
BoardBjarke Pålsson
BoardJens Kristian Emborg
BoardLars Søgaard
BoardOle Hvelplund
BoardLisbeth Sevelius Ljungstrøm
BoardHenrik Rosholm Agerskov
BoardKim Kragelund
BoardHans Henrik Dahl Andersen
BoardOle Hvelplund
BoardOle Hvelplund
BoardHenrik Højager Nielsen
BoardKim Kragelund
BoardLykke Spillehus
BoardLisa Bo Larsen
BoardClaus Dreyer Jessen
BoardSimon John Crook
BoardAnne Worsaae Haugaard
Owner (100%)Shell Biogas A/SCurrent
Owner (67%)Shell Biogas A/S
Owner (15%)LEVERANDØRSELSKABET VAARST ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderShell Biogas A/SCurrent

The CEOs' other companies

Steen Asferg Rasmussen – 30 other companies

Hans Duus Jørgensen – 24 other companies, of which 1 bankrupt

Address history (1 moves)

Ørbækvej 260, 5220 Odense SØ
Ørbækvej 260, 5220 Odense SØ

Former names

Shell Vaarst Biogas A/S – now
NATURE ENERGY VAARST A/S –
NGF NATURE ENERGY VAARST A/S –
BIONATURGAS VAARST A/S –
BIONATURGAS 3 ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about Shell Vaarst Biogas A/S

Has Shell Vaarst Biogas A/S gone bankrupt?

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

What is the bankruptcy risk of Shell Vaarst Biogas A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Shell Vaarst Biogas A/S?

Steen Asferg Rasmussen is the CEO of Shell Vaarst Biogas A/S.

Who is the auditor of Shell Vaarst Biogas A/S?

Shell Vaarst Biogas A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Shell Vaarst Biogas A/S founded?

Shell Vaarst Biogas A/S was founded on 8 November 2012.

What is the equity of Shell Vaarst Biogas A/S?

Equity was DKK 38.9m 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.