Hospitality Development A/S
CVR 38841424 · Public limited company (A/S) · Active · Medium risk
Hospitality Development A/S is a Public limited company (A/S), founded on , based in Aarup. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK -10.6m. CEO: Ib Fløe Bundgaard.
Bankruptcy risk for Hospitality Development A/S
1.4 × the average (1.41%) · higher risk than 84% of active Danish companies
Increases the risk
Reduces the risk
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
- 38841424
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (9 years)
- Address
- Søndergade 16
5560 Aarup - Municipality
- Assens
- Industry
- Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 1.0m
- Auditor
- AAEN & CO. STATSAUTORISEREDE REVISORER P/S
- Audit opted out
- No
Warning signs
| Annual reports filed late | 5 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 9.2% |
| Current ratio | 147% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 10 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -12.5m | DKK 359k | DKK 14.6m |
| Net profit | DKK -10.6m | DKK 272k | DKK 10.9m |
| Equity | DKK 1.5m | DKK 12.1m | DKK 11.8m |
| Total assets | DKK 16.1m | DKK 60.4m | DKK 32.9m |
| Cash | DKK 833k | DKK 2.5m | – |
| Short-term debt | DKK 10.9m | DKK 45.1m | – |
| Tax owed | DKK 1.3m | – | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 193 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 193 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 190 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 192 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 178 | ||
| 1 Jan 2020 – 31 Dec 2020 | 193 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 182 | ||
| 1 Jan 2018 – 31 Dec 2018 | 171 | ||
| 7 Aug 2017 – 31 Dec 2017 | 155 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ib Fløe Bundgaard | Current | |
| Board | Borris Tangaa Nielsen | Current | |
| Board | Ib Fløe Bundgaard | Current | |
| Board | Kirsten Tangaa Nielsen | Current | |
| Board | Mette Hansen | ||
| Owner (100%) | Nordarken Holding A/S | Current | |
| Owner (100%) | KLIQ A/S | ||
| Auditor | AAEN & CO. STATSAUTORISEREDE REVISORER P/S | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | ||
| Founder | KLIQ A/S | Current |
The CEOs' other companies
Ib Fløe Bundgaard – 27 other companies, of which 2 bankrupt
- CARDIFF HOLDING ApS Bankrupt 22 Nov 2018
- K/S GLYNGØRE EJENDOMSSELSKAB Bankrupt 17 Oct 2014
- Administration Søndergade ApS Active
- BMB Tekniq A/S Active
- BOLIGTOPPEN SDR. FASANVEJ ApS Opløst
- BYTOM PROPERTIES HOLDING A/S Fusioneret
- Bronze Haven A/S Active
- Buddinge Gård A/S Active
- EJENDOMSSELSKAB FOR MARIENLYST BADEANSTALT AF 1861 A/S Active
- Ejendomsselskabet Køge Søbad A/S Active
- Frececo RC Taastrup ApS Active
- HOLISTIC HOUSE ØRESTAD A/S Opløst
- IM25 Invest ApS Active
- IPAS ApS Active
- KLIQ A/S Active
- KonaBora A/S Opløst
- Nordarken Holding A/S Active
- Prinsesse Marie Parken A/S Active
- Prinsesse Marie Parken Holding A/S Active
- Projektselskabet Marienlyst Joint Venture ApS Fusioneret
- SØLYST STRANDPARK ApS Active
- SØNDERGADE HOLDING ApS Active
- Sølyst Management ApS Active
- Sølyst Strandpark Holding ApS Active
- Sølyst Strandpark Nivå A/S Active
- TARGOWEK PROPERTIES HOLDING A/S Fusioneret
- Vadstrupvej 35-41 A/S Active
Address history (0 moves)
| Søndergade 16, 5560 Aarup |
Former names
| Hospitality Development A/S | – now |
| Allerød Bjergby A/S | – |
Other companies at the same address
- Administration Søndergade ApS Active
- BOLIGTOPPEN SDR. FASANVEJ ApS Opløst
- BORRIS NIELSEN ApS Active
- FINANSSELSKABET AF 30/6 2009 ApS Active
- GARNISONEN I AARUP A/S Opløst
- Kloikos ApS Active
- KonaBora A/S Opløst
- Nordarken Holding A/S Active
- SALMON DANICA ApS Active
- SØNDERGADE HOLDING ApS Active
Similar companies in Assens
- ZIV ApS Aarup
- Byggeselskabet Fasanvej 29 ApS Tommerup
- Nørrebjerg Runddel 200 ApS Tommerup
- Appegrunden ApS Tommerup
- PL-BYG Aps Vissenbjerg
- TERRA ENTREPRISE DK APS Tommerup
- AASKOVEN ApS Assens
- RHB A21 ApS Aarup
- A21 Taastrup ApS Aarup
- Angelsmaster IVS Tommerup
- CL Bygge Entreprise IvS Tommerup
- KonaBora A/S Aarup
Questions and answers about Hospitality Development A/S
Has Hospitality Development A/S gone bankrupt?
No, Hospitality Development A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Hospitality Development A/S?
Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.
Who is the CEO of Hospitality Development A/S?
Ib Fløe Bundgaard is the CEO of Hospitality Development A/S.
Who is the auditor of Hospitality Development A/S?
Hospitality Development A/S most recently used AAEN & CO. STATSAUTORISEREDE REVISORER P/S.
When was Hospitality Development A/S founded?
Hospitality Development A/S was founded on 7 August 2017.
What is the equity of Hospitality Development A/S?
Equity was DKK 1.5m 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.