Visblue A/S
CVR 36427957 · Public limited company (A/S) · Active · Very high risk
Visblue A/S is a Public limited company (A/S), founded on , based in Aarhus V. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -5.9m and a net result of DKK -8.2m.
Bankruptcy risk for Visblue A/S
8.2 × the average (1.41%) · higher risk than 97% of active Danish companies
Increases the risk
Reduces the risk
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
- 36427957
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (12 years)
- Address
- c/o Martin Gordon Andersen, Bautavej 1A
8210 Aarhus V - Municipality
- Aarhus
- Industry
- Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder - Share capital
- DKK 1.9m
- Employees
- 7 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 11 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -18.8% |
| Current ratio | 28% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 89 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 2.9m | DKK 1.6m | DKK 2.6m |
| Net profit | DKK -8.2m | DKK -11.3m | DKK -4.5m |
| Equity | DKK -5.9m | DKK 2.3m | DKK 6.1m |
| Total assets | DKK 31.6m | DKK 36.3m | DKK 37.6m |
| Cash | DKK 472k | DKK 525k | – |
| Short-term debt | DKK 18.7m | DKK 22.3m | – |
| Avg. employees | 14 | 13 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 180 | ||
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 183 | ||
| 1 Jan 2022 – 31 Dec 2022 | 145 | ||
| 1 Jan 2021 – 31 Dec 2021 | 130 | ||
| 1 Jan 2020 – 31 Dec 2020 | 61 | ||
| 1 Jan 2019 – 31 Dec 2019 | 164 | ||
| 1 Jan 2018 – 31 Dec 2018 | 140 | ||
| 1 Jan 2017 – 31 Dec 2017 | 166 | ||
| 1 Jan 2016 – 31 Dec 2016 | 154 | ||
| 24 Oct 2014 – 31 Dec 2015 | 172 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Brun Madsen | ||
| CEO | Anders Bentien | ||
| CEO | Adélio Miguel Magalhães Mendes | ||
| Board | Anders Bentien | Current | |
| Board | Kim Gardø Christensen | Current | |
| Board | Jesper Andersen | Current | |
| Board | Ole Lysgård Madsen | Current | |
| Board | Morten Bitsch Janik | ||
| Board | Mads Villefrance Salling-Mortensen | ||
| Board | Søren Bøgesgaard Niebuhr | ||
| Board | Ole Lysgård Madsen | ||
| Board | Peter Aaby Smith | ||
| Owner (10%) | Kick Green Invest ApS | Current | |
| Owner (67%) | ENEMÆRKET HOLDING ApS | Current | |
| Owner (20%) | Styrelsen for Forskning og Uddannelse | ||
| Owner (5%) | BOREAN INNOVATION A/S | ||
| Owner (15%) | MBM944 HOLDING ApS | ||
| Owner (15%) | BENTIEN HOLDING ApS | ||
| Owner (15%) | SSB HOLDING 2014 Aps | ||
| Owner (15%) | Adélio Miguel Magalhães Mendes | ||
| Owner (20%) | Uddannelses- og Forskningsstyrelsen | ||
| Owner (5%) | SOKI HOLDING ApS | ||
| Owner (5%) | MBM944 HOLDING ApS | ||
| Owner (10%) | BENTIEN HOLDING ApS | ||
| Owner (5%) | SSB HOLDING 2014 Aps | ||
| Owner (5%) | Adélio Miguel Magalhães Mendes | ||
| Owner (10%) | SOKI HOLDING ApS | ||
| Owner (5%) | ENEMÆRKET HOLDING ApS | ||
| Owner (5%) | PA SMITH ApS | ||
| Owner (25%) | ENEMÆRKET HOLDING ApS | ||
| Owner (5%) | LM CONSULT ApS | ||
| Owner (15%) | Kick Green Invest ApS | ||
| Owner (5%) | PA SMITH ApS | ||
| Owner (33%) | ENEMÆRKET HOLDING ApS | ||
| Owner (5%) | BENTIEN HOLDING ApS | ||
| Owner (15%) | Kick Green Invest ApS | ||
| Owner (5%) | LM CONSULT ApS | ||
| Owner (50%) | ENEMÆRKET HOLDING ApS | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | MBM944 HOLDING ApS | Current | |
| Founder | BENTIEN HOLDING ApS | Current | |
| Founder | SSB HOLDING 2014 Aps | Current | |
| Founder | Adélio Miguel Magalhães Mendes | Current |
The CEOs' other companies
Morten Brun Madsen – 1 other companies
- MBM944 HOLDING ApS Active
Anders Bentien – 2 other companies
- BENTIEN HOLDING ApS Active
- DNMAB ApS Active
Address history (2 moves)
| c/o Martin Gordon Andersen, Bautavej 1A, 8210 Aarhus V | |
| Bautavej 1A, 8210 Aarhus V | |
| c/o SSB Holding 2014 IVS, Udbyhøjvej 172, 8930 Randers NØ |
Former names
| Visblue A/S | – now |
| Visblue ApS | – |
| FRE3NERGY ApS | – |
Employees per year
Other companies at the same address
- ADK BERLIN ApS Bankrupt
- BTAS A/S Bankrupt
- D.G.U. ERHVERVSLEJEMÅL ApS Bankrupt
- DS AF 24/4 2007 APS Bankrupt
- FAVRSKOV CONSULTING IVS Bankrupt
- LISTO DK ApS Bankrupt
- Limpio Energy ApS Bankrupt
- MH SYSTEM ApS Bankrupt
- Nord Storytelling ApS Bankrupt
- OPENUSOURCE ApS Bankrupt
- POMOC MATERIEL ApS Bankrupt
- PURIX ApS Bankrupt
- SOW IVS Bankrupt
- SPEDITION AARHUS ApS Bankrupt
- SPEDITION AARHUS HOLDING ApS Bankrupt
- Solet Danmark ApS Bankrupt
- TRIALET ApS Bankrupt
- ecrofdworc ApS Bankrupt
- APATOR MIITORS ApS Active
- AQ2 A/S Opløst
- Aktieselskabet af 30. september 2017 Opløst
- Aktieselskabet af 5. december 2017 Opløst
- ApS KOMPL. ESBJERG Active
- ApS KOMPL. FYN Opløst
- ApS KOMPL. VEJLE Active
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Questions and answers about Visblue A/S
Has Visblue A/S gone bankrupt?
No, Visblue A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Visblue A/S?
Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.
Who is the auditor of Visblue A/S?
Visblue A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Visblue A/S founded?
Visblue A/S was founded on 24 October 2014.
What is the equity of Visblue A/S?
Equity was DKK -5.9m 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.