VNG A/S

CVR 39903881 · Public limited company (A/S) · Active · Medium risk

VNG A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 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 -1.4m and a net result of DKK -890k. CEO: Søren Rahbek Vase.

Bankruptcy risk for VNG A/S

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

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×
Number of auditors (historical)2 · 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×

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
39903881
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Horsensvej 72A, 2.
7100 Vejle
Municipality
Vejle
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-36.8%
Current ratio73%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address179
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -905kDKK -70kDKK -59k
Net profitDKK -890kDKK -234kDKK -212k
EquityDKK -1.4mDKK -501kDKK -267k
Total assetsDKK 3.8mDKK 4.3mDKK 4.3m
CashDKK 271kDKK 269k–
Short-term debtDKK 5.2mDKK 4.8m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020132
27 Sep 2018 – 31 Dec 2019178

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
CEOSøren Rahbek VaseCurrent
BoardDennis Hauschild GrünbergerCurrent
BoardPeter Guldberg VaseCurrent
BoardJesper NorupCurrent
Owner (100%)Vase, Norup & Grünberger A/SCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderVase, Norup & Grünberger A/SCurrent

The CEOs' other companies

Søren Rahbek Vase – 14 other companies

Address history (2 moves)

Horsensvej 72A, 2., 7100 Vejle
c/o VEA ApS, Horsensvej 72A, 2., 7100 Vejle
Grønnegade 20B, 1., 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about VNG A/S

Has VNG A/S gone bankrupt?

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

What is the bankruptcy risk of VNG A/S?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of VNG A/S?

Søren Rahbek Vase is the CEO of VNG A/S.

Who is the auditor of VNG A/S?

VNG A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was VNG A/S founded?

VNG A/S was founded on 27 September 2018.

What is the equity of VNG A/S?

Equity was DKK -1.4m 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.