A/S KELVIN HUGHES
CVR 36664916 · Public limited company (A/S) · Active · Low risk
A/S KELVIN HUGHES is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -11.7m and a net result of DKK -2.3m.
Bankruptcy risk for A/S KELVIN HUGHES
0.1 × the average (1.41%) · higher risk than 38% 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
- 36664916
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (49 years)
- Address
- Borupvang 3
2750 Ballerup - Municipality
- Ballerup
- Industry
- Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 1.5m
- Employees
- 2 (2018)
- Auditor
- Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 6 of 30 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -1,390.0% |
| Current ratio | 6% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 150 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 949k | DKK 1.2m | DKK 511k |
| Net profit | DKK -2.3m | DKK -2.8m | DKK -2.3m |
| Equity | DKK -11.7m | DKK -9.4m | DKK -6.6m |
| Total assets | DKK 845k | DKK 562k | DKK 471k |
| Cash | DKK 445k | DKK 149k | – |
| Short-term debt | DKK 12.6m | DKK 10.0m | – |
| Avg. employees | 3 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 162 | ||
| 1 Jan 2024 – 31 Dec 2024 | 190 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 225 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 184 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 180 | ||
| 1 Jan 2020 – 31 Dec 2020 | 179 | ||
| 1 Jan 2019 – 31 Dec 2019 | 241 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 184 | Late | |
| 1 Aug 2016 – 31 Jul 2017 | 93 | ||
| 1 Aug 2015 – 31 Jul 2016 | 99 | ||
| 1 Aug 2014 – 31 Jul 2015 | 122 | ||
| 1 Aug 2013 – 31 Jul 2014 | 134 | ||
| 1 Aug 2012 – 31 Jul 2013 | 128 | ||
| 1 Aug 2011 – 31 Jul 2012 | 141 | ||
| 1 Aug 2010 – 31 Jul 2011 | 87 | ||
| 1 Aug 2009 – 31 Jul 2010 | 117 | ||
| 1 Aug 2008 – 31 Jul 2009 | 139 | ||
| 1 Aug 2007 – 31 Jul 2008 | 194 | Late | |
| 1 Aug 2006 – 31 Jul 2007 | 169 | ||
| 1 Aug 2005 – 31 Jul 2006 | 142 |
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 | Willy Nørgaard Hansen | ||
| CEO | Ronald George Nailer | ||
| CEO | Russell Charles Gould | ||
| Board | Flemming Haase | Current | |
| Board | Russell Charles Gould | Current | |
| Board | Toby Patrick William Newton | Current | |
| Board | Ebbe Høst | ||
| Board | Willy Nørgaard Hansen | ||
| Board | Anthony Roy Stevenson | ||
| Board | Austin Hugh Pope | ||
| Board | Ronald James Harman | ||
| Board | Martin Hartley Jones | ||
| Board | Norman Victor Barber | ||
| Board | David Sheppard | ||
| Board | Martin Hartley Jones | ||
| Board | John Ferrie | ||
| Board | Ronald George Nailer | ||
| Board | Michael David Cotterill | ||
| Board | Aloysius Petrus Maria Brans | ||
| Board | Russell Charles Gould | ||
| Board | Simon Patrick Martin Hughes | ||
| Board | Barry Wade | ||
| Board | Martin Stuart Taylor | ||
| Board | Peter Laugharne Griffith-Jones | ||
| Board | Christopher James Easteal | ||
| Board | David John Millard | ||
| Board | Clive Jonathan Corris | ||
| Owner (100%) | KELVIN HUGHES LIMITED | Current | |
| Owner (100%) | Kelvin Hughes Limited | ||
| Owner (100%) | KH Finance Limited | ||
| Auditor | Jens Olav Lassen | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | KPMG P/S | ||
| Auditor | PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB |
Address history (3 moves)
| Borupvang 3, 2750 Ballerup | |
| Borupvang 3, 2750 Ballerup | |
| Rudolfgårdsvej 9, 8260 Viby J | |
| Marselis Boulevard 175, 8000 Århus C |
Employees per year
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Questions and answers about A/S KELVIN HUGHES
Has A/S KELVIN HUGHES gone bankrupt?
No, A/S KELVIN HUGHES is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of A/S KELVIN HUGHES?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the auditor of A/S KELVIN HUGHES?
A/S KELVIN HUGHES most recently used Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.
When was A/S KELVIN HUGHES founded?
A/S KELVIN HUGHES was founded on 21 December 1976.
What is the equity of A/S KELVIN HUGHES?
Equity was DKK -11.7m 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.