Better Energy Denmark Holding ApS

CVR 39272695 · Private limited company (ApS) · Active · Medium risk

Better Energy Denmark Holding ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.2bn and a net result of DKK -441.9m.

Bankruptcy risk for Better Energy Denmark Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
39272695
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Gammel Kongevej 60
1850 Frederiksberg C
Municipality
Frederiksberg
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-114.4%
Current ratio45%
Moves (last 2 years)1
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address221
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 24.7mDKK -686.5mDKK -85k
Net profitDKK -441.9mDKK -1.2bnDKK 144.8m
EquityDKK -1.2bnDKK -792.2mDKK 342.1m
Total assetsDKK 1.1bnDKK 1.5bnDKK 3.1bn
CashDKK 3.9mDKK 5.1m–
Short-term debtDKK 2.3bnDKK 2.2bn–
Tax owed–DKK 43.3m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024216 Late
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019120
23 Jan 2018 – 31 Dec 2018142

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
CEOMichael Vater
CEORasmus Lildholdt Kjær
CEOChristoffer Fruergaard Larsen
CEOHo Kei Au
CEOAnnette Egede Nylander
CEOChristoffer Fruergaard Larsen
CEOSøren Dyrlund Jessen
BoardMark Augustenborg ØdumCurrent
BoardRasmus Lildholdt KjærCurrent
BoardMichael VaterCurrent
BoardThor Möger Pedersen
Owner (100%)Better Energy Generation II A/SCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBetter Energy Generation II A/SCurrent

The CEOs' other companies

Michael Vater – 54 other companies, of which 6 bankrupt

Rasmus Lildholdt Kjær – 48 other companies, of which 8 bankrupt

Christoffer Fruergaard Larsen – 55 other companies, of which 5 bankrupt

Ho Kei Au – 56 other companies, of which 5 bankrupt

Annette Egede Nylander – 58 other companies, of which 2 bankrupt

Søren Dyrlund Jessen – 45 other companies, of which 4 bankrupt

Address history (2 moves)

Gammel Kongevej 60, 1850 Frederiksberg C
c/o Better Energy A/S, Gammel Kongevej 60, 1850 Frederiksberg C
c/o Better Energy A/S, Axeltorv 2F, 6., 1609 København V

Former names

Better Energy Denmark Holding ApS – now
Better Energy Partnerships Holding ApS –
Better Energy Estate II ApS –
Better Energy Estate II IVS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Better Energy Denmark Holding ApS

Has Better Energy Denmark Holding ApS gone bankrupt?

No, Better Energy Denmark Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Better Energy Denmark Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Better Energy Denmark Holding ApS?

Better Energy Denmark Holding ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Better Energy Denmark Holding ApS founded?

Better Energy Denmark Holding ApS was founded on 23 January 2018.

What is the equity of Better Energy Denmark Holding ApS?

Equity was DKK -1.2bn 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.