Blaagaarden ApS

CVR 43193376 · Private limited company (ApS) · Active · Low risk

Blaagaarden ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry avl af smågrise. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.2m and a net result of DKK 889k. CEO: Lars Vestermark.

Bankruptcy risk for Blaagaarden ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · 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
43193376
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Volderslevvej 147
5260 Odense S
Municipality
Odense
Industry
Avl af smågrise (014610)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 40k
Auditor
Velas I/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityNo
Equity ratio38.2%
Current ratio160%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.3mDKK 3.7mDKK 1.1m
Net profitDKK 889kDKK 1.4mDKK -1.1m
EquityDKK 1.2mDKK 299kDKK -1.1m
Total assetsDKK 3.1mDKK 2.1mDKK 2.0m
CashDKK 1.9mDKK 1.6m–
Short-term debtDKK 1.9mDKK 1.8m–
Avg. employees65–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Velas I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024184 Late
8 Apr 2022 – 30 Jun 2023186 Late

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
CEOLars VestermarkCurrent
Owner (100%)STENBOGÅRD ApSCurrent
AuditorVelas I/S
FounderSTENBOGÅRD ApSCurrent

The CEOs' other companies

Lars Vestermark – 2 other companies

Address history (0 moves)

Volderslevvej 147, 5260 Odense S

Other companies at the same address

Similar companies in Odense

Questions and answers about Blaagaarden ApS

Has Blaagaarden ApS gone bankrupt?

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

What is the bankruptcy risk of Blaagaarden 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 Blaagaarden ApS?

Lars Vestermark is the CEO of Blaagaarden ApS.

Who is the auditor of Blaagaarden ApS?

Blaagaarden ApS most recently used Velas I/S.

When was Blaagaarden ApS founded?

Blaagaarden ApS was founded on 8 April 2022.

What is the equity of Blaagaarden ApS?

Equity was DKK 1.2m according to the annual report for the period ending 30 June 2025.

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