HPI Racing Holding ApS

CVR 40583513 · Private limited company (ApS) · Active · Medium risk

HPI Racing Holding ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry engroshandel med andre husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.5m and a net result of DKK -3.2m. CEO: Johnny Vestergaard.

Bankruptcy risk for HPI Racing Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
40583513
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Jegindøvej 21
8800 Viborg
Municipality
Viborg
Industry
Engroshandel med andre husholdningsartikler i.a.n. (464990)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio48.7%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 931kDKK 938k
Net profitDKK -3.2mDKK -1.7m
EquityDKK 1.5mDKK -1.9m
Total assetsDKK 3.0mDKK 5.7m
CashDKK 20k–
Short-term debtDKK 1.2m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023185 Late
1 Jul 2021 – 30 Jun 2022172
1 Jul 2020 – 30 Jun 2021153
14 Jun 2019 – 30 Jun 2020160

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
CEOJohnny VestergaardCurrent
Owner (100%)JOHNNY BE GOOD DENMARK ApSCurrent
Owner (100%)JOHNNY BE GOOD DENMARK ApS
Owner (33%)LLV HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJOHNNY BE GOOD DENMARK ApSCurrent

The CEOs' other companies

Johnny Vestergaard – 32 other companies, of which 2 bankrupt

Address history (1 moves)

Jegindøvej 21, 8800 Viborg
Jegindøvej 21, 8800 Viborg

Former names

HPI Racing Holding ApS – now
HPI Racing ApS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about HPI Racing Holding ApS

Has HPI Racing Holding ApS gone bankrupt?

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

What is the bankruptcy risk of HPI Racing Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of HPI Racing Holding ApS?

Johnny Vestergaard is the CEO of HPI Racing Holding ApS.

Who is the auditor of HPI Racing Holding ApS?

HPI Racing Holding ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was HPI Racing Holding ApS founded?

HPI Racing Holding ApS was founded on 14 June 2019.

What is the equity of HPI Racing Holding ApS?

Equity was DKK 1.5m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.