HPG 111 ApS

CVR 40945512 · Private limited company (ApS) · Active · Low risk

HPG 111 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 307k and a net result of DKK -202k. CEO: Jan Sørensen.

Bankruptcy risk for HPG 111 ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
40945512
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Helga Pedersens Gade 103, 10.
8000 Aarhus C
Municipality
Aarhus
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
ADVOSION
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio8.1%
Current ratio4%
Moves (last 2 years)2
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 33kDKK 396kDKK 87k
Net profitDKK -202kDKK 197kDKK -139k
EquityDKK 307kDKK 509kDKK 312k
Total assetsDKK 3.8mDKK 3.3mDKK 4.5m
CashDKK 95kDKK 34k–
Short-term debtDKK 3.5mDKK 2.8m–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · ADVOSION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 202410
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021180
6 Nov 2019 – 31 Dec 2020168

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
CEOJan SørensenCurrent
CEOKristian Hammerfelt Bischoff Voldsgaard
CEOLars-Erik Mors Larsen
Owner (100%)PW ADMINISTRATION & INVEST ApSCurrent
Owner (50%)MORS LARSEN A/S
Owner (50%)KRISTIAN VOLDSGAARD HOLDING ApS
Owner (100%)MORS LARSEN A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorAdvosion, Statsautoriseret Revisionspartnerselskab
FounderMORS LARSEN A/SCurrent
FounderKRISTIAN VOLDSGAARD HOLDING ApSCurrent

The CEOs' other companies

Jan Sørensen – 22 other companies

Kristian Hammerfelt Bischoff Voldsgaard – 48 other companies, of which 2 bankrupt

Lars-Erik Mors Larsen – 44 other companies, of which 19 bankrupt

Address history (3 moves)

Helga Pedersens Gade 103, 10., 8000 Aarhus C
Esther Aggebos Gade 34, 4., 8000 Aarhus C
Lindevangsvej 4, 8240 Risskov
Niels W. Gades Vej 9A, 8000 Aarhus C

Former names

HPG 111 ApS – now
#bøffen ApS –
Jasko ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about HPG 111 ApS

Has HPG 111 ApS gone bankrupt?

No, HPG 111 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HPG 111 ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HPG 111 ApS?

Jan Sørensen is the CEO of HPG 111 ApS.

Who is the auditor of HPG 111 ApS?

HPG 111 ApS most recently used ADVOSION.

When was HPG 111 ApS founded?

HPG 111 ApS was founded on 6 November 2019.

What is the equity of HPG 111 ApS?

Equity was DKK 307k 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.