Hartvigs Bageri ApS

CVR 41966742 · Private limited company (ApS) · Active · Low risk

Hartvigs Bageri ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry fremstilling af friske bageriprodukter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 600k and a net result of DKK 288k. CEO: Frank Hartvig.

Bankruptcy risk for Hartvigs Bageri ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
41966742
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Industrivej 1
7620 Lemvig
Municipality
Lemvig
Industry
Fremstilling af friske bageriprodukter (107120)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 40k
Auditor
Revisionsfirmaet Lars Olsen A/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio56.9%
Current ratio182%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.6m–
Net profitDKK 288k–
EquityDKK 600k–
Total assetsDKK 1.1m–
CashDKK 180k–
Short-term debtDKK 454k–
Tax owedDKK 94k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Lars Olsen A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202549
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022102
22 Dec 2020 – 31 Dec 2021166

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
CEOFrank HartvigCurrent
Owner (100%)Hartvigs Bageri Holding ApSCurrent
FounderHartvigs Bageri Holding ApSCurrent

The CEOs' other companies

Frank Hartvig – 1 other companies

Address history (0 moves)

Industrivej 1, 7620 Lemvig

Other companies at the same address

Similar companies in Lemvig

Questions and answers about Hartvigs Bageri ApS

Has Hartvigs Bageri ApS gone bankrupt?

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

What is the bankruptcy risk of Hartvigs Bageri 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 Hartvigs Bageri ApS?

Frank Hartvig is the CEO of Hartvigs Bageri ApS.

Who is the auditor of Hartvigs Bageri ApS?

Hartvigs Bageri ApS most recently used Revisionsfirmaet Lars Olsen A/S.

When was Hartvigs Bageri ApS founded?

Hartvigs Bageri ApS was founded on 22 December 2020.

What is the equity of Hartvigs Bageri ApS?

Equity was DKK 600k 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.