Pro Developments Øst A/S

CVR 38271032 · Public limited company (A/S) · Active · Low risk

Pro Developments Øst A/S is a Public limited company (A/S), founded on , based in Randers NØ. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.8m and a net result of DKK -1.1m. CEO: Stig Wadmann.

Bankruptcy risk for Pro Developments Øst A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38271032
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Udbyhøjvej 106, st.
8930 Randers NØ
Municipality
Randers
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 500k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio99.6%
Current ratio23,803%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1.1mDKK -167kDKK -383k
Net profitDKK -1.1mDKK -82kDKK -427k
EquityDKK 2.8mDKK 4.0mDKK 4.0m
Total assetsDKK 2.9mDKK 4.0mDKK 4.1m
CashDKK 2.2mDKK 3.4m–
Short-term debtDKK 12kDKK 12k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202571
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 202141
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 2018143
13 Dec 2016 – 31 Dec 2017151

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
CEOStig WadmannCurrent
BoardStig WadmannCurrent
BoardBrian SvartCurrent
BoardLars HjulerCurrent
Owner (50%)S.W. DEVELOPMENT ApSCurrent
Owner (50%)PRO DEVELOPMENTS A/SCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderS.W. DEVELOPMENT ApSCurrent
FounderPRO DEVELOPMENTS A/SCurrent

The CEOs' other companies

Stig Wadmann – 36 other companies, of which 3 bankrupt

Address history (0 moves)

Udbyhøjvej 106, st., 8930 Randers NØ

Other companies at the same address

Similar companies in Randers

Questions and answers about Pro Developments Øst A/S

Has Pro Developments Øst A/S gone bankrupt?

No, Pro Developments Øst A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Pro Developments Øst A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Pro Developments Øst A/S?

Stig Wadmann is the CEO of Pro Developments Øst A/S.

Who is the auditor of Pro Developments Øst A/S?

Pro Developments Øst A/S most recently used Redmark, Godkendt Revisionspartnerselskab.

When was Pro Developments Øst A/S founded?

Pro Developments Øst A/S was founded on 13 December 2016.

What is the equity of Pro Developments Øst A/S?

Equity was DKK 2.8m 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.