Kaagaard Danmark A/S

CVR 45016544 · Public limited company (A/S) · Active · Low risk

Kaagaard Danmark A/S is a Public limited company (A/S), founded on , based in Kjellerup. The company is registered in the industry fremstilling af møbler. 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. The latest annual report (31 Dec 2025) shows equity of DKK 111.3m and a net result of DKK -7.9m. CEO: Lars Kaagaard.

Bankruptcy risk for Kaagaard Danmark A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×

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
45016544
Status
Active
Company type
Public limited company (A/S)
Founded
(2 years)
Address
Nørregade 50
8620 Kjellerup
Municipality
Silkeborg
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 500k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio99.7%
Current ratio33,065%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.7mDKK 3.8m
Net profitDKK -7.9mDKK 2.1m
EquityDKK 111.3mDKK 119.8m
Total assetsDKK 111.6mDKK 122.2m
CashDKK 7.7m–
Short-term debtDKK 296k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202598
1 Jan 2024 – 31 Dec 202492

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
CEOLars KaagaardCurrent
BoardLars KaagaardCurrent
BoardJosefine Bojer KaagaardCurrent
BoardNicolai Menne KaagaardCurrent
Owner (100%)Lars KaagaardCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent

The CEOs' other companies

Lars Kaagaard – 1 other companies

Address history (0 moves)

Nørregade 50, 8620 Kjellerup

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Kaagaard Danmark A/S

Has Kaagaard Danmark A/S gone bankrupt?

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

What is the bankruptcy risk of Kaagaard Danmark A/S?

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 Kaagaard Danmark A/S?

Lars Kaagaard is the CEO of Kaagaard Danmark A/S.

Who is the auditor of Kaagaard Danmark A/S?

Kaagaard Danmark A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Kaagaard Danmark A/S founded?

Kaagaard Danmark A/S was founded on 14 August 2024.

What is the equity of Kaagaard Danmark A/S?

Equity was DKK 111.3m 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.