Hilmar & Høgsberg A/S

CVR 36893656 · Public limited company (A/S) · Active · Low risk

Hilmar & Høgsberg A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry andre reklameaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 5.1m and a net result of DKK 1.9m. CEO: Martin Høgsberg.

Bankruptcy risk for Hilmar & Høgsberg A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
36893656
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Studsgade 22B
8000 Aarhus C
Municipality
Aarhus
Industry
Andre reklameaktiviteter (731190)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 500k
Employees
9 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio21.6%
Current ratio127%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address16
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.0mDKK 7.2mDKK 7.8m
Net profitDKK 1.9mDKK 109kDKK 831k
EquityDKK 5.1mDKK 2.8mDKK 3.6m
Total assetsDKK 23.4mDKK 12.2mDKK 11.9m
CashDKK 15.3mDKK 3.0m–
Short-term debtDKK 18.3mDKK 9.4m–
Tax owedDKK 61kDKK 0–
Avg. employees1313–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RoesgaardGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202582
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202168
1 Jan 2020 – 31 Dec 202085
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 201835
1 Jan 2017 – 31 Dec 2017124
1 Jan 2016 – 31 Dec 2016123
7 May 2015 – 31 Dec 2015158

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
CEOMartin HøgsbergCurrent
BoardMorten Hilmar ChristensenCurrent
BoardMartin HøgsbergCurrent
BoardCharlotte BrunskovCurrent
BoardStine Birgitte FunderCurrent
BoardKasper BoCurrent
BoardKlaus Lindholm Makovec
BoardMads Hyllested Winther
BoardPeter Sønderlyng
BoardPeter Sønderlyng
BoardKlaus Lindholm Makovec
BoardPeter Sønderlyng
Owner (33%)Morten Hilmar Holding ApSCurrent
Owner (33%)Martin Høgsberg Holding ApSCurrent
Owner (10%)Hilmar & Høgsberg A/SCurrent
Owner (15%)Brunskov Holding ApSCurrent
Owner (20%)Morten Hilmar Holding ApS
Owner (20%)Martin Høgsberg Holding ApS
Owner (15%)BIELEFELDT ADVOKATANPARTSSELSKAB HOLDING
Owner (20%)MADS WINTHER HOLDING ApS
Owner (15%)AxelVera Holding ApS
Owner (25%)Morten Hilmar Holding ApS
Owner (25%)Martin Høgsberg Holding ApS
Owner (10%)Brunskov Holding ApS
Owner (25%)Morten Hilmar Christensen
Owner (25%)Martin Høgsberg
Owner (5%)MADS WINTHER HOLDING ApS
Owner (20%)Hilmar & Høgsberg A/S
Owner (10%)AxelVera Holding ApS
Owner (33%)Morten Hilmar Christensen
Owner (33%)Martin Høgsberg
Owner (10%)AxelVera Holding ApS
Owner (10%)Brunskov Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderMorten Hilmar Holding ApSCurrent
FounderMartin Høgsberg Holding ApSCurrent

The CEOs' other companies

Martin Høgsberg – 1 other companies

Address history (4 moves)

Studsgade 22B, 8000 Aarhus C
Studsgade 22B, 8000 Aarhus C
Graven 20, 8000 Aarhus C
Vestergade 48G, 8000 Aarhus C
Studsgade 6B, 8000 Aarhus C

Former names

Hilmar & Høgsberg A/S – now
Hilmar & Høgsberg ApS –

Employees per year

Number of employees at Hilmar & Høgsberg A/S per year592015: 420152016: 420162017: 720172018: 92018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Hilmar & Høgsberg A/S

Has Hilmar & Høgsberg A/S gone bankrupt?

No, Hilmar & Høgsberg A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Hilmar & Høgsberg A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Hilmar & Høgsberg A/S?

Martin Høgsberg is the CEO of Hilmar & Høgsberg A/S.

Who is the auditor of Hilmar & Høgsberg A/S?

Hilmar & Høgsberg A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Hilmar & Høgsberg A/S founded?

Hilmar & Høgsberg A/S was founded on 7 May 2015.

What is the equity of Hilmar & Høgsberg A/S?

Equity was DKK 5.1m 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.