Star VVS Grindsted A/S

CVR 40830022 · Public limited company (A/S) · Active · Low risk

Star VVS Grindsted A/S is a Public limited company (A/S), founded on , based in Grindsted. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -9,771 and a net result of DKK -15k. CEO: Henrik Steen Nielsen.

Bankruptcy risk for Star VVS Grindsted A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
40830022
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Tårnvej 32
7200 Grindsted
Municipality
Billund
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 571k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-186.9%
Current ratio35%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -15kDKK -118kDKK 34k
Net profitDKK -15kDKK -118kDKK 29k
EquityDKK -9,771DKK 5,148DKK 123k
Total assetsDKK 5,229DKK 22kDKK 138k
CashDKK 5,006DKK 798–
Short-term debtDKK 15kDKK 17k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 202366
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202189
1 Oct 2019 – 31 Dec 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
CEOHenrik Steen NielsenCurrent
CEOJesper Yde Øhlenschlæger
BoardKim Steen NielsenCurrent
BoardHenrik Steen NielsenCurrent
BoardDennis Mohr ErnstCurrent
BoardKenn Haugaard Villadsen
BoardKim Steen Nielsen
BoardHenrik Steen Nielsen
BoardJesper Yde Øhlenschlæger
BoardHenrik Yde Dam Øhlenschlæger
BoardJon Holm Sørensen
BoardJørgen Einer-Jensen Brammer
Owner (100%)Star VVS Holding A/SCurrent
Owner (15%)NIKOSEBA ApS
Owner (15%)OE, GRINDSTED ApS
Owner (67%)Star VVS Entreprise A/S
Owner (67%)Star VVS Holding A/S
Owner (25%)Kim Steen Nielsen
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorCedra Godkendt Revisionsaktieselskab
FounderNIKOSEBA ApSCurrent
FounderOE, GRINDSTED ApSCurrent
FounderStar VVS Entreprise A/SCurrent

The CEOs' other companies

Henrik Steen Nielsen – 14 other companies

Jesper Yde Øhlenschlæger – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Tårnvej 32, 7200 Grindsted
Trehøjevej 15, 7200 Grindsted

Other companies at the same address

Similar companies in Billund

Questions and answers about Star VVS Grindsted A/S

Has Star VVS Grindsted A/S gone bankrupt?

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

What is the bankruptcy risk of Star VVS Grindsted A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Star VVS Grindsted A/S?

Henrik Steen Nielsen is the CEO of Star VVS Grindsted A/S.

Who is the auditor of Star VVS Grindsted A/S?

Star VVS Grindsted A/S most recently used Roesgaard.

When was Star VVS Grindsted A/S founded?

Star VVS Grindsted A/S was founded on 1 October 2019.

What is the equity of Star VVS Grindsted A/S?

Equity was DKK -9,771 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.