Hørby Østergaard Udvikling A/S

CVR 37215430 · Public limited company (A/S) · Active · Low risk

Hørby Østergaard Udvikling A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry avl af andre dyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 15.4m and a net result of DKK -520k.

Bankruptcy risk for Hørby Østergaard Udvikling A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37215430
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
c/o Olav Vinther Kristensen, Vielshøjen 6
9500 Hobro
Municipality
Mariagerfjord
Industry
Avl af andre dyr (014800)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 500k
Employees
17 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio51.5%
Current ratio193%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -257kDKK 1.1mDKK 1.9m
Net profitDKK -520kDKK -599kDKK -122k
EquityDKK 15.4mDKK 15.4mDKK 16.0m
Total assetsDKK 30.0mDKK 34.2mDKK 32.3m
Short-term debtDKK 14.5mDKK 14.2m–
Tax owed–DKK 0–
Avg. employees03–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020103
1 Jan 2019 – 31 Dec 2019231 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017162
28 Oct 2015 – 31 Dec 2016153

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
BoardJytte KristensenCurrent
BoardMorten Vinther KristensenCurrent
BoardTrine Vinther KristensenCurrent
BoardMette Vinther KristensenCurrent
Owner (10%)Trine Vinther KristensenCurrent
Owner (10%)Mette Vinther KristensenCurrent
Owner (50%)HØRBY ØSTERGÅRD Holding ApSCurrent
Owner (25%)MVK ApSCurrent
Owner (100%)HØRBY ØSTERGÅRD Holding ApS
FounderHØRBY ØSTERGÅRD Holding ApSCurrent

Address history (0 moves)

c/o Olav Vinther Kristensen, Vielshøjen 6, 9500 Hobro

Former names

Hørby Østergaard Udvikling A/S – now
Hørby Østergaard Stål A/S –
Hørby Østergaard Mink A/S –

Employees per year

Number of employees at Hørby Østergaard Udvikling A/S per year10192016: 1620162017: 1920172018: 172018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about Hørby Østergaard Udvikling A/S

Has Hørby Østergaard Udvikling A/S gone bankrupt?

No, Hørby Østergaard Udvikling A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Hørby Østergaard Udvikling A/S?

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 Hørby Østergaard Udvikling A/S?

Hørby Østergaard Udvikling A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Hørby Østergaard Udvikling A/S founded?

Hørby Østergaard Udvikling A/S was founded on 28 October 2015.

What is the equity of Hørby Østergaard Udvikling A/S?

Equity was DKK 15.4m 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.