UNION NINE A/S

CVR 36031824 · Public limited company (A/S) · Active · Low risk

UNION NINE A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Jul 2025) shows equity of DKK 59.4m and a net result of DKK -7.0m. CEO: Christian Holm Madsen, Ole Skovgaard Stürup.

Bankruptcy risk for UNION NINE 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

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
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×

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
36031824
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Havnen 1
8700 Horsens
Municipality
Horsens
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40.0m
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio78.0%
Current ratio103%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -500kDKK -1.2m
Net profitDKK -7.0mDKK 1.3bn
EquityDKK 59.4mDKK 66.0m
Total assetsDKK 76.2mDKK 79.9m
CashDKK 1.4m–
Short-term debtDKK 16.8m–
Tax owedDKK 20k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revisionstatsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Aug 2024 – 31 Jul 2025118
1 Aug 2023 – 31 Jul 2024114
1 Aug 2022 – 31 Jul 2023121
1 Aug 2021 – 31 Jul 2022120
1 Aug 2020 – 31 Jul 2021114
1 Aug 2019 – 31 Jul 2020118 Restated
1 Aug 2018 – 31 Jul 2019121
1 Aug 2017 – 31 Jul 2018115
1 Aug 2016 – 31 Jul 2017119
1 Aug 2015 – 31 Jul 2016101
1 Jul 2014 – 31 Jul 201595

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
CEOChristian Holm MadsenCurrent
CEOOle Skovgaard StürupCurrent
CEOLise Kaae
CEOAnders Holch Povlsen
CEOMogens Viktor Madsen
CEOAnne Marie Düring Lausen
BoardAnders Holch PovlsenCurrent
BoardTroels Holch PovlsenCurrent
BoardChristian Holm MadsenCurrent
BoardAnders Holch Povlsen
BoardLise Kaae
BoardAnne Kirstine Storm Holch Povlsen
BoardLise Kaae
BoardMogens Viktor Madsen
BoardAnne Marie Düring Lausen
Owner (100%)NINE UNITED A/SCurrent
Owner (100%)BESTSELLER UNITED A/S
Owner (100%)Brightfolk A/S
Owner (67%)NINE UNITED A/S
Owner (25%)Brightfolk A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderKathrine Smærup EhlersCurrent

The CEOs' other companies

Christian Holm Madsen – 17 other companies

Ole Skovgaard Stürup – 16 other companies

Lise Kaae – 43 other companies, of which 2 bankrupt

Anders Holch Povlsen – 41 other companies, of which 1 bankrupt

Mogens Viktor Madsen – 19 other companies

Anne Marie Düring Lausen – 26 other companies, of which 1 bankrupt

Address history (2 moves)

Havnen 1, 8700 Horsens
Inge Lehmanns Gade 2, 8000 Aarhus C
Fredskovvej 5, 7330 Brande

Former names

UNION NINE A/S – now
AKTIESELSKABET AF 10.6.2014 –

Other companies at the same address

Similar companies in Horsens

Questions and answers about UNION NINE A/S

Has UNION NINE A/S gone bankrupt?

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

What is the bankruptcy risk of UNION NINE 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 UNION NINE A/S?

Christian Holm Madsen, Ole Skovgaard Stürup are the CEOs of UNION NINE A/S.

Who is the auditor of UNION NINE A/S?

UNION NINE A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was UNION NINE A/S founded?

UNION NINE A/S was founded on 1 July 2014.

What is the equity of UNION NINE A/S?

Equity was DKK 59.4m according to the annual report for the period ending 31 July 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.