Vulkan Group ApS

CVR 44452359 · Private limited company (ApS) · Active · Low risk

Vulkan Group ApS is a Private limited company (ApS), founded on , based in Randers SV. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 78.1m and a net result of DKK -24.9m. CEO: Henrik Wardinghus Nielsen.

Bankruptcy risk for Vulkan Group ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Number of auditors (historical)2 · 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×
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
44452359
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Metervej 16
8940 Randers SV
Municipality
Randers
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 400k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio84,994%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -210kDKK 101.7m
Net profitDKK -24.9mDKK 67.9m
EquityDKK 78.1mDKK 103.0m
Total assetsDKK 78.2mDKK 103.0m
CashDKK 17.3m–
Short-term debtDKK 35k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025198 Late
24 Nov 2023 – 30 Sep 2024183

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
CEOHenrik Wardinghus NielsenCurrent
BoardKlaus SkovsenCurrent
BoardHenrik Wardinghus NielsenCurrent
BoardMichael Wardinghus NielsenCurrent
Owner (67%)VULKAN HOLDING ApSCurrent
Owner (25%)MIWA Holding ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderVULKAN HOLDING ApSCurrent
FounderMIWA Holding ApSCurrent

The CEOs' other companies

Henrik Wardinghus Nielsen – 6 other companies

Address history (1 moves)

Metervej 16, 8940 Randers SV
Metervej 16, 8940 Randers SV

Other companies at the same address

Similar companies in Randers

Questions and answers about Vulkan Group ApS

Has Vulkan Group ApS gone bankrupt?

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

What is the bankruptcy risk of Vulkan Group ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Vulkan Group ApS?

Henrik Wardinghus Nielsen is the CEO of Vulkan Group ApS.

Who is the auditor of Vulkan Group ApS?

Vulkan Group ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Vulkan Group ApS founded?

Vulkan Group ApS was founded on 24 November 2023.

What is the equity of Vulkan Group ApS?

Equity was DKK 78.1m according to the annual report for the period ending 30 September 2025.

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