S.E. Hovedgaard Engineering A/S

CVR 36960337 · Public limited company (A/S) · Active · Very high risk

S.E. Hovedgaard Engineering A/S is a Public limited company (A/S), founded on , based in Hovedgård. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 10 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -592k and a net result of DKK -134k. CEO: Ingeborg Jørgensen.

Bankruptcy risk for S.E. Hovedgaard Engineering A/S

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
36960337
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Frydsvej 8
8732 Hovedgård
Municipality
Horsens
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-50.9%
Current ratio60%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -87kDKK -1.6mDKK -147k
Net profitDKK -134kDKK -1.6mDKK -165k
EquityDKK -592kDKK -458kDKK 1.1m
Total assetsDKK 1.2mDKK 1.1mDKK 2.6m
CashDKK 13kDKK 181–
Short-term debtDKK 1.8mDKK 1.5m–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 201774
10 Jul 2015 – 31 Dec 201653

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
CEOIngeborg JørgensenCurrent
BoardIngeborg JørgensenCurrent
BoardSteen Gehlert JørgensenCurrent
BoardBente Vibeke FieldCurrent
Owner (100%)IJH HOLDING ApSCurrent
AuditorCompany Advizer Partnerselskab
Auditor18. juni 2024 P/S
AuditorCompany Advizer Partnerselskab
FounderIJH HOLDING ApSCurrent

The CEOs' other companies

Ingeborg Jørgensen – 6 other companies, of which 1 bankrupt

Address history (0 moves)

Frydsvej 8, 8732 Hovedgård

Employees per year

Number of employees at S.E. Hovedgaard Engineering A/S per year122017: 220172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about S.E. Hovedgaard Engineering A/S

Has S.E. Hovedgaard Engineering A/S gone bankrupt?

No, S.E. Hovedgaard Engineering A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of S.E. Hovedgaard Engineering A/S?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of S.E. Hovedgaard Engineering A/S?

Ingeborg Jørgensen is the CEO of S.E. Hovedgaard Engineering A/S.

Who is the auditor of S.E. Hovedgaard Engineering A/S?

S.E. Hovedgaard Engineering A/S most recently used Beierholm.

When was S.E. Hovedgaard Engineering A/S founded?

S.E. Hovedgaard Engineering A/S was founded on 10 July 2015.

What is the equity of S.E. Hovedgaard Engineering A/S?

Equity was DKK -592k 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.