HBS Economics ApS

CVR 36947993 · Private limited company (ApS) · Active · Low risk

HBS Economics ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.3m and a net result of DKK 1.7m. CEO: Andreas Højbjerre, Esben Anton Schultz, Jonas Zielke Schaarup.

Bankruptcy risk for HBS Economics ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
36947993
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Strandgade 27B, 3.
1401 København K
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 75k
Employees
12 (2018)
Auditor
BAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio34.1%
Current ratio180%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 11.1mDKK 8.6m
Net profitDKK 1.7mDKK 1.1m
EquityDKK 2.3mDKK 1.3m
Total assetsDKK 6.8mDKK 5.5m
CashDKK 4.0m–
Short-term debtDKK 3.7m–
Tax owedDKK 576k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baagøe | Schou, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 201977
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017144
2 Jul 2015 – 31 Dec 201656

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
CEOAndreas HøjbjerreCurrent
CEOEsben Anton SchultzCurrent
CEOJonas Zielke SchaarupCurrent
CEOPer Krogh Rants
CEOMartin Kristian Rants Brauer
Owner (33%)ANHO Holding ApSCurrent
Owner (33%)EA Schultz Holding ApSCurrent
Owner (33%)JZS Holding ApSCurrent
Owner (100%)Per Krogh Rants
Owner (100%)HBS Holding af 2015 ApS
Owner (33%)ANHO Holding ApS
Owner (33%)EA Schultz Holding ApS
Owner (33%)KRB Holding af 2018 ApS
Owner (50%)ANHO Holding ApS
Owner (50%)EA Schultz Holding ApS
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
FounderPer Krogh RantsCurrent

The CEOs' other companies

Andreas Højbjerre – 3 other companies

Esben Anton Schultz – 3 other companies

Jonas Zielke Schaarup – 1 other companies

Per Krogh Rants – 6 other companies

Martin Kristian Rants Brauer – 2 other companies

Address history (5 moves)

Strandgade 27B, 3., 1401 København K
Strandgade 27B, 2., 1401 København K
Ny Kongensgade 9B, 1., 1472 København K
Frederiksholms Kanal 1, 2., 1220 København K
Trommesalen 5, 3., 1614 København V
c/o Per Krogh Rants, Østervang 71, 4000 Roskilde

Former names

HBS Economics ApS – now
Højbjerre Brauer Schultz ApS –
Konsulentfirmaet Davira ApS –

Employees per year

Number of employees at HBS Economics ApS per year6122015: 520152016: 620162017: 820172018: 122018

Other companies at the same address

Similar companies in København

Questions and answers about HBS Economics ApS

Has HBS Economics ApS gone bankrupt?

No, HBS Economics ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HBS Economics ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of HBS Economics ApS?

Andreas Højbjerre, Esben Anton Schultz, Jonas Zielke Schaarup are the CEOs of HBS Economics ApS.

Who is the auditor of HBS Economics ApS?

HBS Economics ApS most recently used BAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was HBS Economics ApS founded?

HBS Economics ApS was founded on 2 July 2015.

What is the equity of HBS Economics ApS?

Equity was DKK 2.3m 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.