Front Piglets A/S

CVR 38820648 · Public limited company (A/S) · Active · Medium risk

Front Piglets A/S is a Public limited company (A/S), founded on , based in Sabro. The company is registered in the industry produktion af slagtesvin. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 312k and a net result of DKK -2.5m.

Bankruptcy risk for Front Piglets A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38820648
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Borumvej 105
8471 Sabro
Municipality
Aarhus
Industry
Produktion af slagtesvin (014620)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 2.5m
Employees
11 (2018)
Auditor
DLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio1.9%
Current ratio330%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.9mDKK 11.1mDKK 13.5m
Net profitDKK -2.5mDKK 4.0mDKK 8.3m
EquityDKK 312kDKK -4.7mDKK -8.6m
Total assetsDKK 16.8mDKK 15.1mDKK 17.8m
CashDKK 0DKK 466k–
Short-term debtDKK 4.3mDKK 6.1m–
Avg. employees1212–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · HJ RevisionGodkendt revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025125
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018162
28 Jul 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
CEOIb Olsen
BoardHenrik VestergaardCurrent
BoardHans Otto EwersCurrent
BoardClaus EwersCurrent
BoardSøren VestergaardCurrent
BoardIb Olsen
Owner (33%)SØREN WESTERGAARD ApSCurrent
Owner (33%)Landbrug Invest 2017 ApSCurrent
Owner (10%)T.B. Christensen Holding ApSCurrent
Owner (20%)SØREN WESTERGAARD ApS
Owner (20%)MIDTVEST KREATUR- OG SOEKSPORT ApS
Owner (20%)Olsen Invest Holding ApS
Owner (33%)Landbrug Invest 2017 ApS
Owner (50%)SØREN WESTERGAARD ApS
Owner (25%)MIDTVEST KREATUR- OG SOEKSPORT ApS
Owner (50%)Landbrug Invest 2017 ApS
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKABCurrent
AuditorVelas I/S
AuditorDSH-REVISION ApS
FounderSØREN WESTERGAARD ApSCurrent
FounderMIDTVEST KREATUR- OG SOEKSPORT ApSCurrent
FounderOlsen Invest Holding ApSCurrent
FounderLandbrug Invest 2017 ApSCurrent

The CEOs' other companies

Ib Olsen – 3 other companies

Address history (1 moves)

Borumvej 105, 8471 Sabro
Borumvej 105, 8471 Sabro

Employees per year

Number of employees at Front Piglets A/S per year6112017: 820172018: 112018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Front Piglets A/S

Has Front Piglets A/S gone bankrupt?

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

What is the bankruptcy risk of Front Piglets A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of Front Piglets A/S?

Front Piglets A/S most recently used DLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB.

When was Front Piglets A/S founded?

Front Piglets A/S was founded on 28 July 2017.

What is the equity of Front Piglets A/S?

Equity was DKK 312k 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.