Hugs Holding ApS

CVR 37583316 · Private limited company (ApS) · Active · Low risk

Hugs Holding ApS is a Private limited company (ApS), founded on , based in Kgs. Lyngby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 306k and a net result of DKK 293k. CEO: Søren Westerberg.

Bankruptcy risk for Hugs Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%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

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37583316
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Islandsvej 23
2800 Kgs. Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Complet RevisionRegistreret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio33.8%
Current ratio52%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK -12k
Net profitDKK 293kDKK 99kDKK 291k
EquityDKK 306kDKK 149kDKK 172k
Total assetsDKK 908kDKK 807kDKK 730k
CashDKK 11kDKK 11k–
Short-term debtDKK 601kDKK 658k–
Tax owedDKK 100kDKK 60k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017163
1 Apr 2016 – 31 Dec 2016151

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
CEOSøren WesterbergCurrent
Owner (50%)Gila BecharCurrent
Owner (50%)Søren WesterbergCurrent
AuditorCOMPLET REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderGila BecharCurrent
FounderSøren WesterbergCurrent

The CEOs' other companies

Søren Westerberg – 2 other companies

Address history (0 moves)

Islandsvej 23, 2800 Kgs. Lyngby

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Hugs Holding ApS

Has Hugs Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Hugs Holding ApS?

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

Who is the CEO of Hugs Holding ApS?

Søren Westerberg is the CEO of Hugs Holding ApS.

Who is the auditor of Hugs Holding ApS?

Hugs Holding ApS most recently used Complet RevisionRegistreret Revisionsanpartsselskab.

When was Hugs Holding ApS founded?

Hugs Holding ApS was founded on 1 April 2016.

What is the equity of Hugs Holding ApS?

Equity was DKK 306k 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.