Kredsløb Affaldsenergi A/S

CVR 40844260 · Public limited company (A/S) · Active · Low risk

Kredsløb Affaldsenergi A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry energiudnyttelse af affald. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 277.4m and a net result of DKK 52.8m. CEO: Henrik Dan Hillebrandt Müller.

Bankruptcy risk for Kredsløb Affaldsenergi A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40844260
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Energivej 26
8200 Aarhus N
Municipality
Aarhus
Industry
Energiudnyttelse af affald (382200)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 12.5m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio23.9%
Current ratio244%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 516.6mDKK 474.2m
Gross profitDKK 73.8mDKK 9.4m
Net profitDKK 52.8mDKK 100.1m
EquityDKK 277.4mDKK 221.8m
Total assetsDKK 1.2bnDKK 893.3m
Short-term debtDKK 187.2m–
Avg. employees0–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022145
1 Jan 2021 – 31 Dec 2021159
1 Oct 2019 – 31 Dec 2020179

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 Dan Hillebrandt MüllerCurrent
CEOPeter Andreas Stakemann
CEOBjarne Munk Jensen
CEOThomas Elgaard Jensen
BoardThomas John RandCurrent
BoardJakob Søgaard ClausenCurrent
BoardAndreas Tang-BrockCurrent
BoardLaura Hay UgglaCurrent
BoardTheis Rubinke SørensenCurrent
BoardChristian Andersen-Mølgaard
BoardHenrik Seiding
BoardPeter Pedersen
BoardBjarne Munk Jensen
BoardLone Paulsen
BoardElsebeth Arendt
BoardLine Markert Christensen
BoardKresten Toksvig Bjerre
BoardMikael Andreas Holm Geday
BoardJesper Arbo Frederiksen
Owner (20%)Renosyd i/sCurrent
Owner (67%)Kredsløb Holding A/SCurrent
Owner (100%)ApS KBUS 38 nr.3117
Owner (100%)Aarhus Kommune
Owner (100%)Kredsløb Holding A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Henrik Dan Hillebrandt Müller – 1 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Bjarne Munk Jensen – 10 other companies

Thomas Elgaard Jensen – 11 other companies

Address history (3 moves)

Energivej 26, 8200 Aarhus N
Ølstedvej 20, 8200 Aarhus N
Ølstedvej 38, 8200 Aarhus N
Kronprinsessegade 18, 1306 København K

Former names

Kredsløb Affaldsenergi A/S – now
AffaldVarme Aarhus Energi A/S –
AffaldVarme Aarhus Energi ApS –
ApS KBUS 18 - 178 –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Kredsløb Affaldsenergi A/S

Has Kredsløb Affaldsenergi A/S gone bankrupt?

No, Kredsløb Affaldsenergi A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Kredsløb Affaldsenergi A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Kredsløb Affaldsenergi A/S?

Henrik Dan Hillebrandt Müller is the CEO of Kredsløb Affaldsenergi A/S.

Who is the auditor of Kredsløb Affaldsenergi A/S?

Kredsløb Affaldsenergi A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Kredsløb Affaldsenergi A/S founded?

Kredsløb Affaldsenergi A/S was founded on 1 October 2019.

What is the equity of Kredsløb Affaldsenergi A/S?

Equity was DKK 277.4m 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.