Borghegn Yachtdesign ApS

CVR 39238608 · Private limited company (ApS) · Active · Medium risk

Borghegn Yachtdesign ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry bygning af civile skibe og flydende materiel. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -87k and a net result of DKK 88k. CEO: Axel Borghegn.

Bankruptcy risk for Borghegn Yachtdesign ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
39238608
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Axel Borghegn, Vestermøllevej 32
7700 Thisted
Municipality
Thisted
Industry
Bygning af civile skibe og flydende materiel (301100)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Aaen &amp; Co. statsautoriserede revisorer p/s
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-213.0%
Current ratio26%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 474kDKK 480kDKK 782k
Net profitDKK 88kDKK -225kDKK 34k
EquityDKK -87kDKK -175kDKK 84k
Total assetsDKK 41kDKK 51kDKK 140k
CashDKK 2,255DKK 15k–
Short-term debtDKK 128kDKK 226k–
Tax owedDKK 0DKK 1,499–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aaen &amp; Co. statsautoriserede revisorer p/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025169
1 Jul 2023 – 30 Jun 2024172
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022144
1 Jul 2020 – 30 Jun 2021173
1 Jul 2019 – 30 Jun 2020168
2 Jan 2018 – 30 Jun 2019159

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
CEOAxel BorghegnCurrent
CEOArne Borghegn
Owner (67%)Axel BorghegnCurrent
Owner (25%)Tove BorghegnCurrent
Owner (25%)Arne Borghegn
FounderArne BorghegnCurrent
FounderAxel BorghegnCurrent

Address history (3 moves)

c/o Axel Borghegn, Vestermøllevej 32, 7700 Thisted
c/o Axel Borghegn, Birkedommervej 31, 1., 2400 København NV
Emdrupvej 169, st. tv, 2400 København NV
Munkebakke 23, 3230 Græsted

Employees per year

Number of employees at Borghegn Yachtdesign ApS per year122018: 22018

Other companies at the same address

Questions and answers about Borghegn Yachtdesign ApS

Has Borghegn Yachtdesign ApS gone bankrupt?

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

What is the bankruptcy risk of Borghegn Yachtdesign ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Borghegn Yachtdesign ApS?

Axel Borghegn is the CEO of Borghegn Yachtdesign ApS.

Who is the auditor of Borghegn Yachtdesign ApS?

Borghegn Yachtdesign ApS most recently used Aaen &amp; Co. statsautoriserede revisorer p/s.

When was Borghegn Yachtdesign ApS founded?

Borghegn Yachtdesign ApS was founded on 2 January 2018.

What is the equity of Borghegn Yachtdesign ApS?

Equity was DKK -87k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.