HBL Byg ApS

CVR 44826704 · Private limited company (ApS) · Active · Very high risk

HBL Byg ApS is a Private limited company (ApS), founded on , based in Nuuk. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 60.0% over the next 12 months, which is 42.6 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Jul 2025) shows equity of DKK 497k and a net result of DKK 457k. CEO: Mads Brogaard Kristensen.

Bankruptcy risk for HBL Byg ApS

60.0%
probability of bankruptcy within 12 months
Very high risk

42.6 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
44826704
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Kissarneqqortuunnguaq 306
3900 Nuuk
Municipality
Sermersooq
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Revisionsfirmaet Albrechtsen
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio50.1%
Current ratio151%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 3.1m
Net profitDKK 457k
EquityDKK 497k
Total assetsDKK 993k
CashDKK 480k
Short-term debtDKK 487k
Tax owedDKK 149k
Avg. employees3

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Albrechtsen.

Filed annual reports

Reporting periodPublishedDays after period end
10 May 2024 – 31 Jul 2025253 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
CEOMads Brogaard KristensenCurrent
CEOIvan Rask Huldahl Laursen
Owner (10%)Ivan Rask Huldahl LaursenCurrent
Owner (33%)Mads Brogaard KristensenCurrent
Owner (33%)Per Lambert KnudsenCurrent
FounderIvan Rask Huldahl LaursenCurrent
FounderMads Brogaard KristensenCurrent
FounderPer Lambert KnudsenCurrent

The CEOs' other companies

Ivan Rask Huldahl Laursen – 4 other companies, of which 3 bankrupt

Address history (2 moves)

Kissarneqqortuunnguaq 306, 3900 Nuuk
c/o ivan huldah laursen, Kiassaateqarfik, 3900 Nuuk
c/o Arctic Law Greenland ApS, Issortarfimmut 6, 3905 Nuussuaq

Similar companies in Sermersooq

Questions and answers about HBL Byg ApS

Has HBL Byg ApS gone bankrupt?

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

What is the bankruptcy risk of HBL Byg ApS?

Our model estimates a bankruptcy risk of 60.0% over the next 12 months (very high risk), which is 42.6 times the average for Danish companies.

Who is the CEO of HBL Byg ApS?

Mads Brogaard Kristensen is the CEO of HBL Byg ApS.

Who is the auditor of HBL Byg ApS?

HBL Byg ApS most recently used Revisionsfirmaet Albrechtsen.

When was HBL Byg ApS founded?

HBL Byg ApS was founded on 10 May 2024.

What is the equity of HBL Byg ApS?

Equity was DKK 497k according to the annual report for the period ending 31 July 2025.

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