HG Danmark ApS

CVR 43548085 · Private limited company (ApS) · Active · Low risk

HG Danmark ApS is a Private limited company (ApS), founded on , based in København K. 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, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 146.5m and a net result of DKK 30.3m. CEO: Frederik Stage Appel Olsen.

Bankruptcy risk for HG Danmark ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
43548085
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Bredgade 25A, 1.
1260 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityNo
Equity ratio21.1%
Current ratio33%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address103
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -3.0mDKK -5.3mDKK -3.7m
Net profitDKK 30.3mDKK -16.2mDKK 10.6m
EquityDKK 146.5mDKK 116.2mDKK 132.4m
Total assetsDKK 695.9mDKK 464.3mDKK 243.8m
CashDKK 113.9mDKK 7.2m–
Short-term debtDKK 543.6mDKK 319.3m–
Avg. employees75–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024221 Late
1 Jan 2023 – 31 Dec 2023197 Late
30 Sep 2022 – 31 Dec 2022188 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
CEOFrederik Stage Appel OlsenCurrent
CEOGjermund Söder Vegge
CEOØyvind Ivar Emblem
BoardFrederik Stage Appel OlsenCurrent
BoardGjermund Söder VeggeCurrent
BoardØyvind Ivar EmblemCurrent
Owner (100%)Håndverksgruppen Norge ASCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHåndverksgruppen Norge ASCurrent

The CEOs' other companies

Frederik Stage Appel Olsen – 40 other companies

Address history (3 moves)

Bredgade 25A, 1., 1260 København K
Bredgade 25E, 3., 1260 København K
c/o Accura Advokatpartnerselskab, Alexandriagade 8, 2150 Nordhavn
c/o Accura Advokatpartnerselskab, Tuborg Boulevard 1, 2900 Hellerup

Other companies at the same address

Similar companies in København

Questions and answers about HG Danmark ApS

Has HG Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of HG Danmark 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 HG Danmark ApS?

Frederik Stage Appel Olsen is the CEO of HG Danmark ApS.

Who is the auditor of HG Danmark ApS?

HG Danmark ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was HG Danmark ApS founded?

HG Danmark ApS was founded on 30 September 2022.

What is the equity of HG Danmark ApS?

Equity was DKK 146.5m 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.