HE2 ApS

CVR 43647016 · Private limited company (ApS) · Active · Medium risk

HE2 ApS is a Private limited company (ApS), founded on , based in Søndersø. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -61k and a net result of DKK -73k. CEO: Dennis Reinholdt Birch.

Bankruptcy risk for HE2 ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×

Reduces the risk

CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO changes4+ · bankruptcy rate 7.3%0.83×

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
43647016
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Alpha Projektudvikling ApS, Vestergade 24
5471 Søndersø
Municipality
Nordfyns
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
DANSK REVISION NYBORG GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-5.4%
Current ratio0%
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies10
Other companies at the address31
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -7,674DKK -18k
Net profitDKK -73kDKK -9,370DKK -18k
EquityDKK -61kDKK 12kDKK 22k
Total assetsDKK 1.1mDKK 1.1mDKK 1.1m
Short-term debtDKK 14kDKK 1.1m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION NYBORG GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024188 Late
16 Nov 2022 – 31 Dec 2023159

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
CEODennis Reinholdt BirchCurrent
CEOThomas Cardel
CEOBenjamin Cardel
Owner (50%)M&J-S Invest ApSCurrent
Owner (50%)AlphaProjektudvikling ApSCurrent
Owner (100%)Cardel Ejd. & Projekt ApS
Owner (50%)Cardel Ejd. & Projekt ApS
FounderCardel Ejd. & Projekt ApSCurrent

The CEOs' other companies

Dennis Reinholdt Birch – 30 other companies

Thomas Cardel – 39 other companies, of which 10 bankrupt

Benjamin Cardel – 38 other companies, of which 10 bankrupt

Address history (3 moves)

c/o Alpha Projektudvikling ApS, Vestergade 24, 5471 Søndersø
Vestergade 24, 5471 Søndersø
Promenadebyen 10, kl., 5000 Odense C
Ryttergade 12B, 1., 5000 Odense C

Other companies at the same address

Similar companies in Nordfyns

Questions and answers about HE2 ApS

Has HE2 ApS gone bankrupt?

No, HE2 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HE2 ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of HE2 ApS?

Dennis Reinholdt Birch is the CEO of HE2 ApS.

Who is the auditor of HE2 ApS?

HE2 ApS most recently used DANSK REVISION NYBORG GODKENDT REVISIONSAKTIESELSKAB.

When was HE2 ApS founded?

HE2 ApS was founded on 16 November 2022.

What is the equity of HE2 ApS?

Equity was DKK -61k 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.