Havnegade Capital ApS

CVR 37463744 · Private limited company (ApS) · Active · Low risk

Havnegade Capital ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry gennemløbsholdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 1.5m and a net result of DKK -2.0m. CEO: Thor Stadil.

Bankruptcy risk for Havnegade Capital ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
37463744
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Havnegade 36
5000 Odense C
Municipality
Odense
Industry
Gennemløbsholdingselskaber (642130)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio76.0%
Current ratio339%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address53
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,023DKK -6,676DKK -3,946
Net profitDKK -2.0mDKK 2.8mDKK 54.5m
EquityDKK 1.5mDKK 10.9mDKK 8.1m
Total assetsDKK 2.0mDKK 17.1mDKK 29.1m
CashDKK 193kDKK 33k–
Short-term debtDKK 481kDKK 6.3m–
Tax owedDKK 476k––
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017169
17 Feb 2016 – 31 Dec 2016174

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
CEOThor StadilCurrent
Owner (100%)THORNICO A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTHORNICO A/SCurrent

The CEOs' other companies

Thor Stadil – 57 other companies, of which 53 bankrupt

Address history (1 moves)

Havnegade 36, 5000 Odense C
Havnegade 36, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about Havnegade Capital ApS

Has Havnegade Capital ApS gone bankrupt?

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

What is the bankruptcy risk of Havnegade Capital ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Havnegade Capital ApS?

Thor Stadil is the CEO of Havnegade Capital ApS.

Who is the auditor of Havnegade Capital ApS?

Havnegade Capital ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Havnegade Capital ApS founded?

Havnegade Capital ApS was founded on 17 February 2016.

What is the equity of Havnegade Capital ApS?

Equity was DKK 1.5m 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.