BioRefine Denmark A/S

CVR 41500379 · Public limited company (A/S) · Active · High risk

BioRefine Denmark A/S is a Public limited company (A/S), founded on , based in Janderup Vestj. The company is registered in the industry fremstilling af færdige foderblandinger til landbrugsdyr. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -12.6m and a net result of DKK -5.2m.

Bankruptcy risk for BioRefine Denmark A/S

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · 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
41500379
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Nybrovej 167
6851 Janderup Vestj
Municipality
Varde
Industry
Fremstilling af færdige foderblandinger til landbrugsdyr (109100)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 10.0m
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-53.6%
Current ratio11%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -2.2mDKK -36.8m
Net profitDKK -5.2mDKK -41.8m
EquityDKK -12.6mDKK -7.4m
Total assetsDKK 23.5mDKK 32.1m
CashDKK 382k–
Short-term debtDKK 33.1m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022185 Late
7 Jul 2020 – 31 Dec 2021179

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
CEOVagn Balle Hundebøll
BoardPeter Michael Larsen StevnsCurrent
BoardKlaus Kristian NielsenCurrent
BoardTroels Møller OlesenCurrent
BoardAnders Ravn-NielsenCurrent
BoardMorten Petri Jensen
BoardJesper Langkilde Pagh
BoardVagn Balle Hundebøll
BoardSøren Halbye
Owner (50%)DANSK LANDBRUGS GROVVARESELSKAB A.M.B.A.Current
Owner (25%)DANISH AGRO A.M.B.A.Current
Owner (25%)DLF Seeds A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDANSK LANDBRUGS GROVVARESELSKAB A.M.B.A.Current

The CEOs' other companies

Vagn Balle Hundebøll – 33 other companies, of which 2 bankrupt

Address history (1 moves)

Nybrovej 167, 6851 Janderup Vestj
Ballesvej 2, 7000 Fredericia

Other companies at the same address

Similar companies in Varde

Questions and answers about BioRefine Denmark A/S

Has BioRefine Denmark A/S gone bankrupt?

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

What is the bankruptcy risk of BioRefine Denmark A/S?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the auditor of BioRefine Denmark A/S?

BioRefine Denmark A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BioRefine Denmark A/S founded?

BioRefine Denmark A/S was founded on 7 July 2020.

What is the equity of BioRefine Denmark A/S?

Equity was DKK -12.6m 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.