SPI-Brødregade ApS

CVR 42774170 · Private limited company (ApS) · Active · Low risk

SPI-Brødregade ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 15.1m and a net result of DKK 2.4m. CEO: Martin Hedegaard.

Bankruptcy risk for SPI-Brødregade ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×

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
42774170
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Haugaard Braad EA ApS, Skibbrogade 3, 3.
9000 Aalborg
Municipality
Aalborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 400k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio34.6%
Current ratio50%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address213
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.9mDKK 2.8mDKK 3.2m
Net profitDKK 2.4mDKK -4.3mDKK -96k
EquityDKK 15.1mDKK 12.7mDKK 17.0m
Total assetsDKK 43.7mDKK 42.9mDKK 49.4m
CashDKK 813kDKK 403k–
Short-term debtDKK 2.1mDKK 2.0m–
Tax owed–DKK 0–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023158
19 Oct 2021 – 31 Dec 2022139

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
CEOMartin HedegaardCurrent
Owner (25%)Margarethe BowerCurrent
Owner (25%)OK BIOTECH ApSCurrent
Owner (25%)Norby Group ApSCurrent
Owner (25%)Holdingselskabet September 2020 ApSCurrent
Owner (100%)SPI - Ejendomme A/S
FounderSPI - Ejendomme A/SCurrent

The CEOs' other companies

Martin Hedegaard – 3 other companies

Address history (2 moves)

c/o Haugaard Braad EA ApS, Skibbrogade 3, 3., 9000 Aalborg
c/o co/ SPI-Ejendomme, Thomas Helsteds Vej 18, 1., 8660 Skanderborg
c/o co/ SPI-Ejendomme, Krøyer Kielbergs Vej 3, 4. 1, 8660 Skanderborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about SPI-Brødregade ApS

Has SPI-Brødregade ApS gone bankrupt?

No, SPI-Brødregade ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SPI-Brødregade ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SPI-Brødregade ApS?

Martin Hedegaard is the CEO of SPI-Brødregade ApS.

Who is the auditor of SPI-Brødregade ApS?

SPI-Brødregade ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was SPI-Brødregade ApS founded?

SPI-Brødregade ApS was founded on 19 October 2021.

What is the equity of SPI-Brødregade ApS?

Equity was DKK 15.1m 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.