Hudevad Furniture ApS

CVR 37434469 · Private limited company (ApS) · Active · Medium risk

Hudevad Furniture ApS is a Private limited company (ApS), founded on , based in Årslev. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.8m and a net result of DKK 280k.

Bankruptcy risk for Hudevad Furniture ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
37434469
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Erhvervsvangen 12
5792 Årslev
Municipality
Faaborg-Midtfyn
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 4.6m
Employees
21 (2018)
Auditor
KORSGAARD REVISION A/S
Audit opted out
No

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio47.6%
Current ratio153%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.1mDKK 3.1mDKK 4.3m
Net profitDKK 280kDKK -692kDKK -242k
EquityDKK 3.8mDKK 3.5mDKK 4.2m
Total assetsDKK 8.0mDKK 7.2mDKK 7.4m
CashDKK 150DKK 0–
Short-term debtDKK 3.9mDKK 3.4m–
Avg. employees1114–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · KORSGAARD REVISION A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 202198
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019294 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017171
8 Feb 2016 – 31 Dec 2016139

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
CEOKaare Navntoft Thode Jørgensen
CEORosa Kitt Thode Broberg
BoardSøren Rix IngvardsenCurrent
BoardKaare Navntoft Thode JørgensenCurrent
BoardRosa Kitt Thode BrobergCurrent
Owner (50%)Hudevad Holding ApSCurrent
Owner (33%)Dali Holding A/SCurrent
Owner (67%)Hudevad Holding ApS
Owner (50%)Kaare Navntoft Thode Jørgensen
Owner (50%)Rosa Kitt Thode Broberg
Owner (20%)Danerka Confidence Denmark ApS
Owner (25%)Kaare Navntoft Thode Jørgensen
Owner (25%)Rosa Kitt Thode Broberg
Owner (50%)Hudevad Holding ApS
Owner (25%)Danish Modern Now ApS
AuditorKORSGAARD REVISION A/SCurrent
AuditorKORSGAARD REVISION A/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderHudevad Holding ApSCurrent

The CEOs' other companies

Kaare Navntoft Thode Jørgensen – 5 other companies, of which 1 bankrupt

Rosa Kitt Thode Broberg – 2 other companies

Address history (1 moves)

Erhvervsvangen 12, 5792 Årslev
Erhvervsvangen 12, 5792 Årslev

Employees per year

Number of employees at Hudevad Furniture ApS per year13252016: 2520162017: 2520172018: 212018

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about Hudevad Furniture ApS

Has Hudevad Furniture ApS gone bankrupt?

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

What is the bankruptcy risk of Hudevad Furniture ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Hudevad Furniture ApS?

Hudevad Furniture ApS most recently used KORSGAARD REVISION A/S.

When was Hudevad Furniture ApS founded?

Hudevad Furniture ApS was founded on 8 February 2016.

What is the equity of Hudevad Furniture ApS?

Equity was DKK 3.8m 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.