KA Elgaard Holding ApS

CVR 43506722 · Private limited company (ApS) · Active · Low risk

KA Elgaard Holding ApS is a Private limited company (ApS), founded on , based in Randers C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 7.1m and a net result of DKK -1.8m. CEO: Kristian Severin Elgaard.

Bankruptcy risk for KA Elgaard Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Auditor registered in CVRNo · 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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43506722
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Rådhusstræde 4E, 2.
8900 Randers C
Municipality
Randers
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio99.6%
Current ratio944%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -15kDKK -12kDKK -12k
Net profitDKK -1.8mDKK 227kDKK 132k
EquityDKK 7.1mDKK 9.0mDKK 9.5m
Total assetsDKK 7.2mDKK 9.1mDKK 9.5m
Short-term debtDKK 28kDKK 69k–
Tax owedDKK 20kDKK 63k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026126
1 May 2024 – 30 Apr 2025119
1 May 2023 – 30 Apr 2024106
12 Sep 2022 – 30 Apr 2023150

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
CEOKristian Severin ElgaardCurrent
Owner (100%)Kristian Severin ElgaardCurrent
FounderKristian Severin ElgaardCurrent

The CEOs' other companies

Kristian Severin Elgaard – 6 other companies, of which 2 bankrupt

Address history (0 moves)

Rådhusstræde 4E, 2., 8900 Randers C

Other companies at the same address

Similar companies in Randers

Questions and answers about KA Elgaard Holding ApS

Has KA Elgaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of KA Elgaard Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of KA Elgaard Holding ApS?

Kristian Severin Elgaard is the CEO of KA Elgaard Holding ApS.

Who is the auditor of KA Elgaard Holding ApS?

KA Elgaard Holding ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was KA Elgaard Holding ApS founded?

KA Elgaard Holding ApS was founded on 12 September 2022.

What is the equity of KA Elgaard Holding ApS?

Equity was DKK 7.1m according to the annual report for the period ending 30 April 2026.

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