Mads Hedegaard Holding ApS

CVR 42369535 · Private limited company (ApS) · Active · Very high risk

Mads Hedegaard Holding ApS is a Private limited company (ApS), founded on , based in Sunds. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Jul 2025) shows equity of DKK -589k and a net result of DKK -37k. CEO: Mads Blak Hedegaard.

Bankruptcy risk for Mads Hedegaard Holding ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42369535
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Bødkervej 2
7451 Sunds
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-14,652.2%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -5,875DKK -15k
Net profitDKK -37kDKK -545k
EquityDKK -589kDKK -552k
Total assetsDKK 4,022DKK 22
CashDKK 22–
Short-term debtDKK 141k–
Tax owedDKK 20k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Aug 2024 – 31 Jul 2025190 Late
1 Aug 2023 – 31 Jul 2024212 Late
1 Jan 2022 – 31 Dec 2022180
7 May 2021 – 31 Dec 202118

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
CEOMads Blak HedegaardCurrent
Owner (100%)Mads Blak HedegaardCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMads Blak HedegaardCurrent

The CEOs' other companies

Mads Blak Hedegaard – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Bødkervej 2, 7451 Sunds
Bødkervej 2, 7451 Sunds

Other companies at the same address

Similar companies in Herning

Questions and answers about Mads Hedegaard Holding ApS

Has Mads Hedegaard Holding ApS gone bankrupt?

No, Mads Hedegaard Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mads Hedegaard Holding ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Mads Hedegaard Holding ApS?

Mads Blak Hedegaard is the CEO of Mads Hedegaard Holding ApS.

Who is the auditor of Mads Hedegaard Holding ApS?

Mads Hedegaard Holding ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was Mads Hedegaard Holding ApS founded?

Mads Hedegaard Holding ApS was founded on 7 May 2021.

What is the equity of Mads Hedegaard Holding ApS?

Equity was DKK -589k according to the annual report for the period ending 31 July 2025.

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