BLUE LOG FRIGO A/S

CVR 44430096 · Public limited company (A/S) · Active · High risk

BLUE LOG FRIGO A/S is a Public limited company (A/S), founded on , based in Vejen. The company is registered in the industry andre post- og kuréraktiviteter. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -1.1m and a net result of DKK -1.6m. CEO: Flemming Krarup Kjeldsen Kristensen, Chris Pagh.

Bankruptcy risk for BLUE LOG FRIGO A/S

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
44430096
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Industrivej Syd 5
6600 Vejen
Municipality
Vejen
Industry
Andre post- og kuréraktiviteter (532000)
Bankruptcies in the industry: Andre post- og kurertjenester
Share capital
DKK 400k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-9.1%
Current ratio91%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 464kDKK 612k
Net profitDKK -1.6mDKK 8,009
EquityDKK -1.1mDKK 408k
Total assetsDKK 12.5mDKK 10.1m
CashDKK 0–
Short-term debtDKK 13.7m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025113
3 Nov 2023 – 30 Jun 2024171

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
CEOFlemming Krarup Kjeldsen KristensenCurrent
CEOChris PaghCurrent
CEOMads Bjerre
CEOMikael Kaastrup Olesen
BoardMikkel Berg KjærsgaardCurrent
BoardMichael PaghCurrent
BoardFlemming JørgensenCurrent
BoardMartin Gade GregersenCurrent
BoardKarsten Frost Mathiesen
BoardMorten Mathiesen
BoardMads Bjerre
BoardMorten Mathiesen
BoardMads Bjerre
BoardKarsten Frost Mathiesen
BoardMads Bjerre
BoardMikael Kaastrup Olesen
BoardMikkel Fruergaard
BoardNicklas Eggert
BoardMikael Kaastrup Olesen
BoardNicklas Eggert
Owner (50%)Blue Logistics Group A/SCurrent
Owner (33%)NPL Holding ApSCurrent
Owner (100%)Blue Logistics Group A/S
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderBlue Logistics Group A/SCurrent

The CEOs' other companies

Flemming Krarup Kjeldsen Kristensen – 1 other companies

Chris Pagh – 1 other companies

Mads Bjerre – 30 other companies

Mikael Kaastrup Olesen – 11 other companies, of which 1 bankrupt

Address history (2 moves)

Industrivej Syd 5, 6600 Vejen
Brundtlandparken 10, 6520 Toftlund
c/o Blue House, Brudelysvej 23, 2880 Bagsværd

Former names

BLUE LOG FRIGO A/S – now
BLUE LOG COMBINO A/S –
COMBINO SPEDITION A/S –
COMBINO SPEDITION BLG A/S –
Blue Logistics Delivery A/S –

Other companies at the same address

Similar companies in Vejen

Questions and answers about BLUE LOG FRIGO A/S

Has BLUE LOG FRIGO A/S gone bankrupt?

No, BLUE LOG FRIGO A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BLUE LOG FRIGO A/S?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of BLUE LOG FRIGO A/S?

Flemming Krarup Kjeldsen Kristensen, Chris Pagh are the CEOs of BLUE LOG FRIGO A/S.

Who is the auditor of BLUE LOG FRIGO A/S?

BLUE LOG FRIGO A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was BLUE LOG FRIGO A/S founded?

BLUE LOG FRIGO A/S was founded on 3 November 2023.

What is the equity of BLUE LOG FRIGO A/S?

Equity was DKK -1.1m 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.