Searine A/S

CVR 41834161 · Public limited company (A/S) · Active · Medium risk

Searine A/S is a Public limited company (A/S), founded on , based in Greve. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 11.0m and a net result of DKK -762k. CEO: Morten Halkier Larsen.

Bankruptcy risk for Searine A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×

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
41834161
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Hejren 11A
2670 Greve
Municipality
Greve
Industry
Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 7.6m
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio83.2%
Current ratio377%
Moves (last 2 years)2
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.2mDKK 1.9m
Net profitDKK -762kDKK -42k
EquityDKK 11.0mDKK 11.8m
Total assetsDKK 13.3mDKK 12.2m
CashDKK 120k–
Short-term debtDKK 722k–
Avg. employees9–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025169
1 Jul 2023 – 30 Jun 2024155
1 Jul 2022 – 30 Jun 2023192 Late
1 Jul 2021 – 30 Jun 2022168
11 Nov 2020 – 30 Jun 2021142

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
CEOMorten Halkier LarsenCurrent
CEOAnders Hjort Hovmøller
CEOMichèle Marie Kristine Holm
CEOAnders Hjort Hovmøller
BoardPeter Hartvig BohéCurrent
BoardJacob JelsingCurrent
BoardKim MadsenCurrent
BoardAnders Hjort Hovmøller
BoardKim Madsen
BoardMichèle Marie Kristine Holm
BoardAnders Hjort Hovmøller
BoardKim Madsen
BoardGustav Mads Onsberg
BoardKim Madsen
BoardJacob Jelsing
BoardPeter Hartvig Bohé
Owner (33%)MOMENTUM INVESTMENTS ApSCurrent
Owner (33%)Change Ventures ApSCurrent
Owner (100%)HOVMØLLER HOLDING ApS
Owner (50%)HOVMØLLER HOLDING ApS
Owner (50%)Snowbell ApS
Owner (33%)HOVMØLLER HOLDING ApS
Owner (33%)Snowbell ApS
Owner (25%)MOMENTUM INVESTMENTS ApS
Owner (50%)MOMENTUM INVESTMENTS ApS
Owner (50%)MOMENTUM INVESTMENTS ApS
Owner (50%)HOVMØLLER HOLDING ApS
Owner (33%)HOVMØLLER HOLDING ApS
Owner (33%)ZJ Group ApS
Owner (5%)HOVMØLLER HOLDING ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
FounderHOVMØLLER HOLDING ApSCurrent

The CEOs' other companies

Morten Halkier Larsen – 3 other companies

Anders Hjort Hovmøller – 5 other companies

Michèle Marie Kristine Holm – 3 other companies

Address history (2 moves)

Hejren 11A, 2670 Greve
Frederiksborgvej 399, 4000 Roskilde
Kirkerupvej 39, 4000 Roskilde

Former names

Searine A/S – now
Undine A/S –
Undine ApS –

Other companies at the same address

Similar companies in Greve

Questions and answers about Searine A/S

Has Searine A/S gone bankrupt?

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

What is the bankruptcy risk of Searine A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Searine A/S?

Morten Halkier Larsen is the CEO of Searine A/S.

Who is the auditor of Searine A/S?

Searine A/S most recently used AIDER Godkendt Revisionsaktieselskab.

When was Searine A/S founded?

Searine A/S was founded on 9 November 2020.

What is the equity of Searine A/S?

Equity was DKK 11.0m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.