Areo undergulve A/S

CVR 39376350 · Public limited company (A/S) · Active · High risk

Areo undergulve A/S is a Public limited company (A/S), founded on , based in Gjern. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -883k and a net result of DKK -2.0m. CEO: Michael Hougaard Sørensen, Hans Jørgen Pedersen.

Bankruptcy risk for Areo undergulve A/S

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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
39376350
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Ellerupvej 34
8883 Gjern
Municipality
Silkeborg
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-23.9%
Current ratio82%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.8m–
Net profitDKK -2.0m–
EquityDKK -883k–
Total assetsDKK 3.7m–
Short-term debtDKK 4.5m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Revision Ry &amp; Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202557
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 202069
1 Jan 2019 – 31 Dec 2019176
23 Feb 2018 – 31 Dec 201896

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 Hougaard SørensenCurrent
CEOHans Jørgen PedersenCurrent
CEOJens Hougaard Sørensen
BoardPoul Viggo Lomholdt PoulsenCurrent
BoardMichael Hougaard SørensenCurrent
BoardKim Staunstrup ThomsenCurrent
BoardKlaus Andersen
BoardJens Hougaard Sørensen
BoardKim Staunstrup Thomsen
Owner (100%)Areo Holding ApSCurrent
Owner (100%)AREO Coating A/S
AuditorRevision Ry & Hammel Godkendt RevisionsaktieselskabCurrent
FounderAREO Coating A/SCurrent

The CEOs' other companies

Michael Hougaard Sørensen – 10 other companies

Hans Jørgen Pedersen – 7 other companies, of which 3 bankrupt

Jens Hougaard Sørensen – 9 other companies

Address history (0 moves)

Ellerupvej 34, 8883 Gjern

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Areo undergulve A/S

Has Areo undergulve A/S gone bankrupt?

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

What is the bankruptcy risk of Areo undergulve A/S?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of Areo undergulve A/S?

Michael Hougaard Sørensen, Hans Jørgen Pedersen are the CEOs of Areo undergulve A/S.

Who is the auditor of Areo undergulve A/S?

Areo undergulve A/S most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was Areo undergulve A/S founded?

Areo undergulve A/S was founded on 23 February 2018.

What is the equity of Areo undergulve A/S?

Equity was DKK -883k 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.