Billund Affald og Genbrug A/S

CVR 45174670 · Public limited company (A/S) · Active · Low risk

Billund Affald og Genbrug A/S is a Public limited company (A/S), founded on , based in Grindsted. The company is registered in the industry indsamling af ikke-farligt affald. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.0m and a net result of DKK 0. CEO: Thomas Kruse Madsen.

Bankruptcy risk for Billund Affald og Genbrug 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

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor resigned in the last yearYes · 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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
45174670
Status
Active
Company type
Public limited company (A/S)
Founded
(2 years)
Address
Grindsted Landevej 40
7200 Grindsted
Municipality
Billund
Industry
Indsamling af ikke-farligt affald (381100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 1.0m
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio4.7%
Current ratio69%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 54.2m–
Gross profitDKK 3.2mDKK 0
Net profitDKK 0DKK 0
EquityDKK 6.0mDKK 40k
Total assetsDKK 127.8mDKK 41k
CashDKK 2.3m–
Short-term debtDKK 69.6mDKK 1,250
Avg. employees00

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
30 Oct 2024 – 31 Dec 2024135

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
CEOThomas Kruse MadsenCurrent
CEOMartin Sejersgaard-Jacobsen
BoardLars Buhelt ThomsenCurrent
BoardKristian TvergaardCurrent
BoardRobert Brogaard TerkelsenCurrent
BoardSøren Per NyhusCurrent
BoardMartin Alminde FriisCurrent
BoardKlara Fuursted Noer
BoardHelen Majbrit Rasmussen
BoardSimon Nicolajsen Jørgensen
Owner (100%)BILLUND VAND OG ENERGI A/SCurrent
Owner (100%)Billund Kommune
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBillund KommuneCurrent

The CEOs' other companies

Martin Sejersgaard-Jacobsen – 1 other companies

Address history (1 moves)

Grindsted Landevej 40, 7200 Grindsted
Jorden Rundt 1, 7200 Grindsted

Former names

Billund Affald og Genbrug A/S – now
Billund Affald ApS –

Other companies at the same address

Questions and answers about Billund Affald og Genbrug A/S

Has Billund Affald og Genbrug A/S gone bankrupt?

No, Billund Affald og Genbrug A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Billund Affald og Genbrug 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 Billund Affald og Genbrug A/S?

Thomas Kruse Madsen is the CEO of Billund Affald og Genbrug A/S.

Who is the auditor of Billund Affald og Genbrug A/S?

Billund Affald og Genbrug A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Billund Affald og Genbrug A/S founded?

Billund Affald og Genbrug A/S was founded on 30 October 2024.

What is the equity of Billund Affald og Genbrug A/S?

Equity was DKK 6.0m 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.