Burgaard Art ApS

CVR 38467832 · Private limited company (ApS) · Active · Low risk

Burgaard Art ApS is a Private limited company (ApS), founded on , based in Hedensted. The company is registered in the industry industrielt design og modedesign. 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 414k and a net result of DKK -43k. CEO: Erik Burgaard.

Bankruptcy risk for Burgaard Art ApS

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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
38467832
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Myntevej 29
8722 Hedensted
Municipality
Hedensted
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 250k
Employees
1 (2018)
Auditor
Revisionsselskabet Anders Christian Mogensen Godkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio88.6%
Current ratio878%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -56kDKK 22k
Net profitDKK -43kDKK 18k
EquityDKK 414kDKK 457k
Total assetsDKK 468kDKK 508k
CashDKK 293k–
Short-term debtDKK 53k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsselskabet Anders Christian Mogensen Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 202498
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018130
1 Mar 2017 – 31 Dec 2017149

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
CEOErik BurgaardCurrent
CEOJane Dørr Burgaard
Owner (100%)E. B. HOLDING ApSCurrent
FounderE. B. HOLDING ApSCurrent

The CEOs' other companies

Erik Burgaard – 8 other companies

Address history (2 moves)

Myntevej 29, 8722 Hedensted
Spinderigade 11E, 7100 Vejle
Myntevej 29, 8722 Hedensted

Employees per year

Number of employees at Burgaard Art ApS per year112017: 120172018: 12018

Similar companies in Hedensted

Questions and answers about Burgaard Art ApS

Has Burgaard Art ApS gone bankrupt?

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

What is the bankruptcy risk of Burgaard Art ApS?

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 Burgaard Art ApS?

Erik Burgaard is the CEO of Burgaard Art ApS.

Who is the auditor of Burgaard Art ApS?

Burgaard Art ApS most recently used Revisionsselskabet Anders Christian Mogensen Godkendt Revisionsanpartsselskab.

When was Burgaard Art ApS founded?

Burgaard Art ApS was founded on 1 March 2017.

What is the equity of Burgaard Art ApS?

Equity was DKK 414k 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.