Exodraft Energy HP A/S

CVR 40372938 · Public limited company (A/S) · Active · High risk

Exodraft Energy HP A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry fremstilling af andre maskiner til generelle formål i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -37.8m and a net result of DKK -29.5m.

Bankruptcy risk for Exodraft Energy HP A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
40372938
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Ibæk Strandvej 11A, st.
7100 Vejle
Municipality
Vejle
Industry
Fremstilling af andre maskiner til generelle formål i.a.n. (282900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 400k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-58.5%
Current ratio68%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -15.2mDKK 4.4mDKK 19.3m
Net profitDKK -29.5mDKK -8.4mDKK -1.6m
EquityDKK -37.8mDKK -8.3mDKK 2,000
Total assetsDKK 64.6mDKK 50.6mDKK 75.4m
Cash–DKK 0–
Short-term debtDKK 94.3mDKK 56.9m–
Avg. employees1617–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020162
22 Mar 2019 – 31 Dec 2019147

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
CEOLars Frank
CEOPalle Brian Lemminger
CEOMichael Boel Olesen
BoardMorten Kofod-JensenCurrent
BoardLars Søberg LarsenCurrent
BoardJørgen AndersenCurrent
BoardPalle Brian Lemminger
BoardLars Frank
BoardHelle Bjerrestrand
BoardPalle Brian Lemminger
BoardLars Frank
BoardAnders Haugaard
BoardJørgen Andersen
BoardRené Kaaslev Mulvad Madsen
BoardAnders Haugaard
BoardSøren Østergaard Sørensen
BoardPeter Hermansen
Owner (100%)Exodraft Group A/SCurrent
Owner (100%)LARS FRANK HOLDING ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorCedra Godkendt Revisionsaktieselskab
FounderLARS FRANK HOLDING ApSCurrent

The CEOs' other companies

Lars Frank – 17 other companies, of which 5 bankrupt

Palle Brian Lemminger – 6 other companies, of which 2 bankrupt

Michael Boel Olesen – 9 other companies, of which 3 bankrupt

Address history (2 moves)

Ibæk Strandvej 11A, st., 7100 Vejle
Essen 32, 6000 Kolding
Egenæs 13, 6300 Gråsten

Former names

Exodraft Energy HP A/S – now
Innoterm A/S –
Selskabet af 22. marts 2019 A/S –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Exodraft Energy HP A/S

Has Exodraft Energy HP A/S gone bankrupt?

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

What is the bankruptcy risk of Exodraft Energy HP A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Exodraft Energy HP A/S?

Exodraft Energy HP A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Exodraft Energy HP A/S founded?

Exodraft Energy HP A/S was founded on 22 March 2019.

What is the equity of Exodraft Energy HP A/S?

Equity was DKK -37.8m 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.