HVG Byg ApS

CVR 40660577 · Private limited company (ApS) · Active · Very high risk

HVG Byg ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -759k and a net result of DKK -1.6m. CEO: Chris Hjorth.

Bankruptcy risk for HVG Byg ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
40660577
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ejby Industrivej 2
2600 Glostrup
Municipality
Glostrup
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-13.2%
Current ratio80%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 5.2mDKK 6.5mDKK 5.0m
Net profitDKK -1.6mDKK 25kDKK 173k
EquityDKK -759kDKK 807kDKK 783k
Total assetsDKK 5.7mDKK 6.5mDKK 4.3m
CashDKK 170kDKK 24k–
Short-term debtDKK 6.5mDKK 5.6m–
Tax owedDKK 2,293DKK 82k–
Avg. employees1212–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025217 Late
1 Oct 2023 – 30 Sep 2024196 Late
1 Oct 2022 – 30 Sep 2023200 Late
1 Oct 2021 – 30 Sep 2022181
1 Oct 2020 – 30 Sep 2021169
1 Jul 2019 – 30 Sep 2020182

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
CEOChris HjorthCurrent
CEOMich Hjorth
CEOMich Hjorth
Owner (100%)Chris HjorthCurrent
Owner (100%)Mich Hjorth
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderMich HjorthCurrent

The CEOs' other companies

Chris Hjorth – 1 other companies, of which 1 bankrupt

Mich Hjorth – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Ejby Industrivej 2, 2600 Glostrup

Other companies at the same address

Similar companies in Glostrup

Questions and answers about HVG Byg ApS

Has HVG Byg ApS gone bankrupt?

No, HVG Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HVG Byg ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of HVG Byg ApS?

Chris Hjorth is the CEO of HVG Byg ApS.

Who is the auditor of HVG Byg ApS?

HVG Byg ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was HVG Byg ApS founded?

HVG Byg ApS was founded on 1 July 2019.

What is the equity of HVG Byg ApS?

Equity was DKK -759k according to the annual report for the period ending 30 September 2025.

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