Hudevad Radiator Design A/S

CVR 39875365 · Public limited company (A/S) · Active · High risk

Hudevad Radiator Design A/S is a Public limited company (A/S), founded on , based in København SV. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 7 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 13.1m and a net result of DKK -16.4m. CEO: Jesper Erik Althoehn Friis.

Bankruptcy risk for Hudevad Radiator Design 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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
39875365
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Bådehavnsgade 44A, 1. tv
2450 København SV
Municipality
København
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Employees
90 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio40.5%
Current ratio192%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -3.7mDKK 4.2m
Net profitDKK -16.4mDKK -7.4m
EquityDKK 13.1mDKK -16.8m
Total assetsDKK 32.4mDKK 34.6m
CashDKK 890k–
Short-term debtDKK 16.4m–
Avg. employees16–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023115
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021138
1 Jan 2020 – 31 Dec 202088
20 Sep 2018 – 31 Dec 2019233 Late

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
CEOJesper Erik Althoehn FriisCurrent
CEOBent Kemplar
BoardTrevor Terence HarveyCurrent
BoardLeigh Antony WilcoxCurrent
BoardSarah Tracey RileyCurrent
BoardChristina Bruun Geertsen
BoardBent Kemplar
BoardJeppe Buskov
BoardGeorge John Letham
BoardAnnette Borén
Owner (100%)Stelrad Radiator Holdings LimitedCurrent
Owner (100%)KR 332 ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderKR 332 ApSCurrent

The CEOs' other companies

Jesper Erik Althoehn Friis – 1 other companies

Bent Kemplar – 51 other companies, of which 22 bankrupt

Address history (3 moves)

Bådehavnsgade 44A, 1. tv, 2450 København SV
Ambolten 37, 6000 Kolding
Saltgade 11, 6760 Ribe
c/o Kromann Reumert, Sundkrogsgade 5, 2100 København Ø

Former names

Hudevad Radiator Design A/S – now
KR 630 A/S –

Employees per year

Number of employees at Hudevad Radiator Design A/S per year45902018: 902018

Other companies at the same address

Similar companies in København

Questions and answers about Hudevad Radiator Design A/S

Has Hudevad Radiator Design A/S gone bankrupt?

No, Hudevad Radiator Design A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Hudevad Radiator Design 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 Hudevad Radiator Design A/S?

Jesper Erik Althoehn Friis is the CEO of Hudevad Radiator Design A/S.

Who is the auditor of Hudevad Radiator Design A/S?

Hudevad Radiator Design A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Hudevad Radiator Design A/S founded?

Hudevad Radiator Design A/S was founded on 20 September 2018.

What is the equity of Hudevad Radiator Design A/S?

Equity was DKK 13.1m 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.