Hvalfisken A/S

CVR 41401982 · Public limited company (A/S) · Active · Low risk

Hvalfisken A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.0m and a net result of DKK 914k. CEO: Martin Steffen Christensen.

Bankruptcy risk for Hvalfisken A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
41401982
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Banegårdspladsen 4A, 1. 3
7400 Herning
Municipality
Herning
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 400k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityNo
Equity ratio21.4%
Current ratio4%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.2mDKK 1.5mDKK 920k
Net profitDKK 914kDKK 948kDKK 534k
EquityDKK 7.0mDKK 6.1mDKK 5.1m
Total assetsDKK 32.6mDKK 31.6mDKK 31.4m
CashDKK 97kDKK 34k–
Short-term debtDKK 2.3mDKK 6.2m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 202114
2 Jun 2020 – 31 Dec 2020143

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
CEOMartin Steffen ChristensenCurrent
CEOIvan Vestergaard Mortensen
BoardMartin Steffen ChristensenCurrent
BoardMichael Arne ChristensenCurrent
BoardLars Henrik ChristensenCurrent
BoardBent Christensen
BoardLars Henrik Christensen
Owner (100%)C3 Ejendomme ApSCurrent
Owner (100%)ide-huse A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
Founderide-huse A/SCurrent

The CEOs' other companies

Martin Steffen Christensen – 8 other companies

Ivan Vestergaard Mortensen – 27 other companies, of which 6 bankrupt

Address history (2 moves)

Banegårdspladsen 4A, 1. 3, 7400 Herning
Industrivej 32, 7430 Ikast
Ørnhøjvej 18, 6971 Spjald

Former names

Hvalfisken A/S – now
C3E Holstebro A/S –
C3 Holstebro A/S –
C3E Hvalfisken ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about Hvalfisken A/S

Has Hvalfisken A/S gone bankrupt?

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

What is the bankruptcy risk of Hvalfisken A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Hvalfisken A/S?

Martin Steffen Christensen is the CEO of Hvalfisken A/S.

Who is the auditor of Hvalfisken A/S?

Hvalfisken A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Hvalfisken A/S founded?

Hvalfisken A/S was founded on 2 June 2020.

What is the equity of Hvalfisken A/S?

Equity was DKK 7.0m 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.