Cocohagen A/S

CVR 37242365 · Public limited company (A/S) · Active · Medium risk

Cocohagen A/S is a Public limited company (A/S), founded on , based in Humlebæk. The company is registered in the industry fremstilling af andre fødevarer i.a.n.. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 -4.2m and a net result of DKK -2.8m. CEO: Flemming Paasch.

Bankruptcy risk for Cocohagen A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
37242365
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Humlebæk Strandvej 71
3050 Humlebæk
Municipality
Fredensborg
Industry
Fremstilling af andre fødevarer i.a.n. (108900)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 572k
Employees
8 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-240.5%
Current ratio22%
Moves (last 2 years)2
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 340kDKK 959kDKK 2.2m
Net profitDKK -2.8mDKK -2.4mDKK -1.1m
EquityDKK -4.2mDKK -1.4mDKK 1.1m
Total assetsDKK 1.7mDKK 2.4mDKK 2.6m
CashDKK 278kDKK 380k–
Short-term debtDKK 5.9mDKK 3.8m–
Avg. employees57–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017151
12 Nov 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
CEOFlemming PaaschCurrent
CEOJesper Witt Paustian
CEOAsbjørn Diemer
BoardAsbjørn DiemerCurrent
BoardHemming VanCurrent
BoardFlemming PaaschCurrent
BoardJesper Witt Paustian
BoardAsbjørn Diemer
BoardAllan Pettersson
BoardLars Knud Pio Bogs
BoardNeela Lone Kok
BoardBror Martin Linnemann Larsen
BoardLars Knud Pio Bogs
BoardAsbjørn Diemer
BoardJohan Askari Bülow
BoardBror Martin Linnemann Larsen
BoardHemming Van
BoardFrank Hilmer Borring Petersen
BoardHemming Van
BoardFlemming Paasch
Owner (5%)Cocohagen A/SCurrent
Owner (25%)DIEMER Group ApSCurrent
Owner (25%)PAASCH INVEST ApSCurrent
Owner (25%)HV INVEST ApSCurrent
Owner (33%)Jesper Witt Paustian
Owner (50%)Asbjørn Diemer
Owner (100%)RAWGANIC Holding ApS
Owner (67%)RAWGANIC Holding ApS
Owner (20%)Bogs-Kok Holding ApS
Owner (50%)RAWGANIC Holding ApS
Owner (10%)Bogs-Kok Holding ApS
Owner (25%)Norup Invest ApS
Owner (5%)Cocohagen A/S
Owner (25%)JOHAN BÜLOW HOLDING ApS
Owner (20%)Norup Invest ApS
Owner (5%)Norup Invest 1 ApS
Owner (25%)Diemer Group 1 ApS
Owner (25%)DIEMER Group ApS
Owner (25%)Norup Invest ApS
Owner (50%)HV INVEST ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDR CPH A/S
Auditorinforevision statsautoriseret revisionsaktieselskab
FounderRAWGANIC Holding ApSCurrent

The CEOs' other companies

Flemming Paasch – 25 other companies

Jesper Witt Paustian – 3 other companies

Asbjørn Diemer – 3 other companies

Address history (3 moves)

Humlebæk Strandvej 71, 3050 Humlebæk
c/o Kølster, Krogerupvej 3C, 3050 Humlebæk
Humlebæk Strandvej 71, 3050 Humlebæk
c/o Asbjørn Diemer, Baunebjergvej 428, 3050 Humlebæk

Former names

Cocohagen A/S – now
COCOHAGEN ApS –
COCOHAGEN IVS –
RAWGANIC IVS –

Employees per year

Number of employees at Cocohagen A/S per year482015: 120152016: 420162017: 320172018: 82018

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about Cocohagen A/S

Has Cocohagen A/S gone bankrupt?

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

What is the bankruptcy risk of Cocohagen A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Cocohagen A/S?

Flemming Paasch is the CEO of Cocohagen A/S.

Who is the auditor of Cocohagen A/S?

Cocohagen A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Cocohagen A/S founded?

Cocohagen A/S was founded on 12 November 2015.

What is the equity of Cocohagen A/S?

Equity was DKK -4.2m 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.