Kronhusene Udvikling A/S

CVR 44087634 · Public limited company (A/S) · Active · Low risk

Kronhusene Udvikling A/S is a Public limited company (A/S), founded on , based in Løsning. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -7.0m and a net result of DKK -22.7m. CEO: Michael Lyngby Hvid.

Bankruptcy risk for Kronhusene Udvikling A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
44087634
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Helge Nielsens Alle 7
8723 Løsning
Municipality
Hedensted
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 400k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-8.3%
Current ratio82%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address94
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 35.4mDKK 20.5m
Net profitDKK -22.7mDKK -19.5m
EquityDKK -7.0mDKK 15.7m
Total assetsDKK 84.2mDKK 80.4m
CashDKK 7.6m–
Short-term debtDKK 79.6m–
Avg. employees42–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024155
31 May 2023 – 31 Dec 2023135

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
CEOMichael Lyngby HvidCurrent
CEOErik Rehnquist
BoardJacob Riiser de LichtenbergCurrent
BoardMichael Visby BerthelsenCurrent
BoardErik RehnquistCurrent
BoardSøren Nørgaard RehnquistCurrent
BoardHenrik Anders Erik GerdinCurrent
Owner (100%)K/S KronhuseneCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderK/S KronhuseneCurrent

The CEOs' other companies

Michael Lyngby Hvid – 46 other companies

Erik Rehnquist – 52 other companies

Address history (0 moves)

Helge Nielsens Alle 7, 8723 Løsning

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Kronhusene Udvikling A/S

Has Kronhusene Udvikling A/S gone bankrupt?

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

What is the bankruptcy risk of Kronhusene Udvikling A/S?

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

Who is the CEO of Kronhusene Udvikling A/S?

Michael Lyngby Hvid is the CEO of Kronhusene Udvikling A/S.

Who is the auditor of Kronhusene Udvikling A/S?

Kronhusene Udvikling A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Kronhusene Udvikling A/S founded?

Kronhusene Udvikling A/S was founded on 31 May 2023.

What is the equity of Kronhusene Udvikling A/S?

Equity was DKK -7.0m 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.