Braa Holding A/S

CVR 42008486 · Public limited company (A/S) · Active · Low risk

Braa Holding A/S is a Public limited company (A/S), founded on , based in Esbjerg V. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 Mar 2026) shows equity of DKK 384.3m and a net result of DKK 17.7m. CEO: Michael Braa Nielsen.

Bankruptcy risk for Braa Holding A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
42008486
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Sjelborg Strandvej 19
6710 Esbjerg V
Municipality
Esbjerg
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 400k
Auditor
JHL Revision, Esbjerg ApS
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio98.6%
Current ratio3,906%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -615kDKK -753kDKK -115k
Net profitDKK 17.7mDKK 49.4mDKK 3.2m
EquityDKK 384.3mDKK 366.7mDKK 317.3m
Total assetsDKK 389.8mDKK 368.1mDKK 327.2m
CashDKK 23.6mDKK 7.2m–
Short-term debtDKK 5.5mDKK 1.5m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · JHL Revision, Esbjerg ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026190 Late
1 Apr 2024 – 31 Mar 2025186 Late
1 Apr 2023 – 31 Mar 2024170
1 Apr 2022 – 31 Mar 2023173
28 Dec 2020 – 31 Mar 2022182

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
CEOMichael Braa NielsenCurrent
CEOSusan Helbo
BoardMichael Braa NielsenCurrent
BoardMille Braa NielsenCurrent
BoardMarie Braa NielsenCurrent
BoardJacob Braa NielsenCurrent
BoardJane Braa Nielsen
BoardJacob Braa Nielsen
Owner (100%)Braa Family Holding ApSCurrent
Owner (100%)SHM HOLDING ApS
Owner (50%)BRAA INVEST A/S
Owner (15%)Jacob Braa Holding ApS
Owner (15%)Marie Braa Holding ApS
Owner (15%)Mille Braa Holding ApS
Owner (50%)MBN 2023 ApS
AuditorJHL Revision, Esbjerg ApSCurrent
FounderSHM HOLDING ApSCurrent

The CEOs' other companies

Michael Braa Nielsen – 29 other companies, of which 1 bankrupt

Susan Helbo – 7 other companies

Address history (2 moves)

Sjelborg Strandvej 19, 6710 Esbjerg V
c/o Havdigevej 2, Havdigevej 2, 6700 Esbjerg
Hjerting Strandvej 171, 6710 Esbjerg V

Former names

Braa Holding A/S – now
RTH, Varde ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Braa Holding A/S

Has Braa Holding A/S gone bankrupt?

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

What is the bankruptcy risk of Braa Holding A/S?

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

Who is the CEO of Braa Holding A/S?

Michael Braa Nielsen is the CEO of Braa Holding A/S.

Who is the auditor of Braa Holding A/S?

Braa Holding A/S most recently used JHL Revision, Esbjerg ApS.

When was Braa Holding A/S founded?

Braa Holding A/S was founded on 28 December 2020.

What is the equity of Braa Holding A/S?

Equity was DKK 384.3m according to the annual report for the period ending 31 March 2026.

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