H15 Holding ApS

CVR 39438771 · Private limited company (ApS) · Active · Low risk

H15 Holding ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry ikke-finansielle hovedsæders aktiviteter. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 8 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 -2.1m and a net result of DKK 1.6m. CEO: Philip Hulgaard.

Bankruptcy risk for H15 Holding ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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×

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
39438771
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Halmtorvet 15
1700 København V
Municipality
København
Industry
Ikke-finansielle hovedsæders aktiviteter (701010)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 100k
Employees
4 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-69.9%
Current ratio282%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies1
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 1.4mDKK 1.3m
Net profitDKK 1.6mDKK 549kDKK -757k
EquityDKK -2.1mDKK -3.6mDKK -4.1m
Total assetsDKK 3.1mDKK 1.7mDKK 657k
Cash–DKK 153–
Short-term debtDKK 1.0mDKK 1.5m–
Avg. employees12–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024200 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019190 Late
25 Mar 2018 – 31 Dec 2018153

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
CEOPhilip HulgaardCurrent
CEOBagge Algreen-Ussing
CEOKlaus Rix Jakobsen
CEOMichelangelo Cestari
CEOHans Christian Kjeld
BoardBagge Algreen-Ussing
BoardKlaus Rix Jakobsen
BoardAndré Martin Sarkis Babikian
BoardJohannes Haandsbæk Vestergaard
BoardHans Christian Kjeld
BoardSøren Lysemose Støvring
BoardMagnus Brandt
BoardBagge Algreen-Ussing
BoardHans Christian Kjeld
Owner (67%)ÅBEN ApSCurrent
Owner (25%)HSB23 Holding ApSCurrent
Owner (20%)Bagge Algreen-Ussing
Owner (20%)Klaus Rix Jakobsen
Owner (20%)André Martin Sarkis Babikian
Owner (10%)Johannes Haandsbæk Vestergaard
Owner (20%)Hans Christian Kjeld
Owner (10%)Søren Lysemose Støvring
Owner (20%)VASILIKO HOLDING ApS
Owner (20%)H.C. KJeld Holding ApS
Owner (20%)Babikian Holding ApS
Owner (10%)JV 90 Holding IVS
Owner (10%)SLS 89 Holding IVS
Owner (20%)KR 77 Holding IVS
Owner (20%)Klaus Rix Jakobsen
Owner (10%)Magnus Brandt Holding ApS
Owner (20%)André Martin Sarkis Babikian
Owner (25%)VASILIKO HOLDING ApS
Owner (15%)Magnus Brandt Holding ApS
Owner (25%)HSB23 Holding ApS
Owner (33%)VASILIKO HOLDING ApS
Owner (25%)H.C. KJeld Holding ApS
Owner (33%)HSB23 Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorJS Revision, Godkendt Revisionsaktieselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderBagge Algreen-UssingCurrent
FounderKlaus Rix JakobsenCurrent

The CEOs' other companies

Philip Hulgaard – 7 other companies

Bagge Algreen-Ussing – 7 other companies, of which 1 bankrupt

Klaus Rix Jakobsen – 8 other companies, of which 2 bankrupt

Michelangelo Cestari – 1 other companies

Hans Christian Kjeld – 1 other companies

Address history (1 moves)

Halmtorvet 15, 1700 København V
Halmtorvet 15, 1700 København V

Employees per year

Number of employees at H15 Holding ApS per year242018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about H15 Holding ApS

Has H15 Holding ApS gone bankrupt?

No, H15 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of H15 Holding ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of H15 Holding ApS?

Philip Hulgaard is the CEO of H15 Holding ApS.

Who is the auditor of H15 Holding ApS?

H15 Holding ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was H15 Holding ApS founded?

H15 Holding ApS was founded on 25 March 2018.

What is the equity of H15 Holding ApS?

Equity was DKK -2.1m 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.