Echo BidCo A/S

CVR 42851000 · Public limited company (A/S) · Active · Low risk

Echo BidCo A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. 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 3.4bn and a net result of DKK -1.7bn. CEO: Oluf Riddersholm.

Bankruptcy risk for Echo BidCo A/S

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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
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
42851000
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
c/o Novo Holdings A/S, Tuborg Havnevej 19
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 5.1m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio66.7%
Current ratio703%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address115
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -1.7bnDKK -9.4mDKK -22.3m
EquityDKK 3.4bnDKK 5.1bnDKK 5.1bn
Total assetsDKK 5.1bnDKK 6.8bnDKK 6.7bn
CashDKK 2.0mDKK 3.4m–
Short-term debtDKK 13.0mDKK 6.3m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023163
22 Nov 2021 – 31 Dec 2022181

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
CEOOluf RiddersholmCurrent
CEOClaus Hansen
CEOChristian Salling
CEOAndreas Morthorst
CEOAndreas Morthorst
BoardChristian SallingCurrent
BoardAnders HedegaardCurrent
BoardHenrik Kjær HansenCurrent
BoardBarbara Fiorini
BoardJonas Drachmann Gram
BoardClaus Hansen
BoardHenrik Kjær Hansen
BoardJonas Drachmann Gram
Owner (100%)Echo TopCo A/SCurrent
Owner (100%)Novo Holdings A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderNovo Holdings A/SCurrent

The CEOs' other companies

Oluf Riddersholm – 10 other companies

Claus Hansen – 21 other companies

Christian Salling – 11 other companies

Andreas Morthorst – 16 other companies

Address history (0 moves)

c/o Novo Holdings A/S, Tuborg Havnevej 19, 2900 Hellerup

Former names

Echo BidCo A/S – now
Novo Invest 2E A/S –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Echo BidCo A/S

Has Echo BidCo A/S gone bankrupt?

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

What is the bankruptcy risk of Echo BidCo A/S?

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 Echo BidCo A/S?

Oluf Riddersholm is the CEO of Echo BidCo A/S.

Who is the auditor of Echo BidCo A/S?

Echo BidCo A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Echo BidCo A/S founded?

Echo BidCo A/S was founded on 22 November 2021.

What is the equity of Echo BidCo A/S?

Equity was DKK 3.4bn 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.