Hav Line Terminal A/S

CVR 38026828 · Public limited company (A/S) · Active · High risk

Hav Line Terminal A/S is a Public limited company (A/S), founded on , based in Hirtshals. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 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 (31 Dec 2025) shows equity of DKK -5.1m and a net result of DKK -2.1m. CEO: Frode Blakstad.

Bankruptcy risk for Hav Line Terminal A/S

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
38026828
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Industrikajen 7
9850 Hirtshals
Municipality
Hjørring
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-6.9%
Current ratio702%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 4.7mDKK 3.9m
Net profitDKK -2.1mDKK -3.5m
EquityDKK -5.1mDKK -2.9m
Total assetsDKK 72.9mDKK 72.2m
CashDKK 3,000–
Short-term debtDKK 3.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · KPMG.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020160
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018171
16 Sep 2016 – 31 Dec 2017152

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
CEOFrode BlakstadCurrent
CEOKristian Haugland
CEOCarl-Erik Arnesen
BoardBård SekkingstadCurrent
BoardHans Olav LindalCurrent
BoardFrode BlakstadCurrent
BoardKjell Haugland
BoardKristian Haugland
BoardCarl-Erik Arnesen
BoardCarl-Erik Arnesen
BoardEirik Rosenberg
Owner (100%)Hav Line ASCurrent
AuditorKPMG P/SCurrent
FounderHav Line Gruppen ASCurrent

Address history (2 moves)

Industrikajen 7, 9850 Hirtshals
Blomsterbakken 2A, 9380 Vestbjerg
Herluf Trollesvej 14, 9850 Hirtshals

Former names

Hav Line Terminal A/S – now
Hav Line Processing A/S –

Other companies at the same address

Similar companies in Hjørring

Questions and answers about Hav Line Terminal A/S

Has Hav Line Terminal A/S gone bankrupt?

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

What is the bankruptcy risk of Hav Line Terminal A/S?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Hav Line Terminal A/S?

Frode Blakstad is the CEO of Hav Line Terminal A/S.

Who is the auditor of Hav Line Terminal A/S?

Hav Line Terminal A/S most recently used KPMG P/S.

When was Hav Line Terminal A/S founded?

Hav Line Terminal A/S was founded on 16 September 2016.

What is the equity of Hav Line Terminal A/S?

Equity was DKK -5.1m 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.