Billund Huset A/S

CVR 37981427 · Public limited company (A/S) · Active · Very high risk

Billund Huset A/S is a Public limited company (A/S), founded on , based in Skjern. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -135k and a net result of DKK -349k. CEO: Flemming Drud Nielsen.

Bankruptcy risk for Billund Huset A/S

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
37981427
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Hybenvej 74
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-366.5%
Current ratio21%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -349kDKK 32k
Net profitDKK -349kDKK -15k
EquityDKK -135kDKK 214k
Total assetsDKK 37kDKK 424k
Short-term debtDKK 172k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 2024198 Late
1 Jul 2022 – 30 Jun 2023192 Late
1 Jul 2021 – 30 Jun 2022200 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020182
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018170
1 Sep 2016 – 30 Jun 2017182

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 Drud NielsenCurrent
CEOFrank Drud Nielsen
CEOFlemming Drud Nielsen
BoardMai-Britt Boye Degnbol PilgaardCurrent
BoardFlemming Drud NielsenCurrent
BoardKim Skat NielsenCurrent
BoardJane Margrethe Filbert
BoardFlemming Drud Nielsen
BoardFrank Drud Nielsen
BoardFlemming Drud Nielsen
Owner (100%)Sigridsminde Holding ApSCurrent
AuditorREVISIONSFIRMAET HANNE OG ERLING LUND ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSigridsminde Holding ApSCurrent

The CEOs' other companies

Flemming Drud Nielsen – 2 other companies, of which 2 bankrupt

Frank Drud Nielsen – 2 other companies, of which 2 bankrupt

Address history (2 moves)

Hybenvej 74, 6900 Skjern
Hedevej 2, 7184 Vandel
Grindstedvej 82, 7184 Vandel

Employees per year

Number of employees at Billund Huset A/S per year122016: 120162017: 220172018: 12018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Billund Huset A/S

Has Billund Huset A/S gone bankrupt?

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

What is the bankruptcy risk of Billund Huset A/S?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of Billund Huset A/S?

Flemming Drud Nielsen is the CEO of Billund Huset A/S.

When was Billund Huset A/S founded?

Billund Huset A/S was founded on 1 September 2016.

What is the equity of Billund Huset A/S?

Equity was DKK -135k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.