Blue Value Protein ApS

CVR 40648577 · Private limited company (ApS) · Active · Medium risk

Blue Value Protein ApS is a Private limited company (ApS), founded on , based in Nykøbing M. The company is registered in the industry havbrug. 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 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -63k and a net result of DKK -9,159. CEO: Lars Erik Holtegaard.

Bankruptcy risk for Blue Value Protein 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

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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
40648577
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Lundkjærvej 36
7900 Nykøbing M
Municipality
Morsø
Industry
Havbrug (032100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-430.7%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10kDKK -12kDKK 17k
Net profitDKK -9,159DKK -13kDKK 16k
EquityDKK -63kDKK -54kDKK -41k
Total assetsDKK 15kDKK 17kDKK 15k
CashDKK 12––
Short-term debtDKK 78kDKK 71k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
1 Jul 2023 – 30 Jun 2024202 Late
1 Jul 2022 – 30 Jun 2023194 Late
1 Jul 2021 – 30 Jun 2022178
1 Jul 2020 – 30 Jun 2021168
25 Jun 2019 – 30 Jun 2020169

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 Erik HoltegaardCurrent
Owner (100%)BALANUS HOLDING ApSCurrent
FounderBALANUS HOLDING ApSCurrent

The CEOs' other companies

Lars Erik Holtegaard – 13 other companies, of which 5 bankrupt

Address history (0 moves)

Lundkjærvej 36, 7900 Nykøbing M

Other companies at the same address

Similar companies in Morsø

Questions and answers about Blue Value Protein ApS

Has Blue Value Protein ApS gone bankrupt?

No, Blue Value Protein ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Blue Value Protein 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 Blue Value Protein ApS?

Lars Erik Holtegaard is the CEO of Blue Value Protein ApS.

Who is the auditor of Blue Value Protein ApS?

Blue Value Protein ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Blue Value Protein ApS founded?

Blue Value Protein ApS was founded on 25 June 2019.

What is the equity of Blue Value Protein ApS?

Equity was DKK -63k 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.