Hedegaard Nordic A/S

CVR 71223418 · Public limited company (A/S) · Active · Low risk

Hedegaard Nordic A/S is a Public limited company (A/S), founded on , based in Hurup Thy. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.6m and a net result of DKK 757k. CEO: Thomas Sandal Krogsgaard.

Bankruptcy risk for Hedegaard Nordic A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
71223418
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
Erhvervsvej 9
7760 Hurup Thy
Municipality
Thisted
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 700k
Employees
13 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio43.9%
Current ratio171%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7.2mDKK 8.5m
Net profitDKK 757kDKK 1.6m
EquityDKK 3.6mDKK 4.4m
Total assetsDKK 8.2mDKK 9.3m
CashDKK 642k–
Short-term debtDKK 4.6m–
Tax owedDKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202556
1 Jan 2024 – 31 Dec 202465
1 Jan 2023 – 31 Dec 202367
1 Jan 2022 – 31 Dec 202281
1 Jan 2021 – 31 Dec 202194
1 Jan 2020 – 31 Dec 2020106
1 Jan 2019 – 31 Dec 2019123
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201796
1 Jan 2016 – 31 Dec 2016140
1 Jan 2015 – 31 Dec 2015108
1 Jan 2014 – 31 Dec 201468
1 Jan 2013 – 31 Dec 2013101
1 Jan 2012 – 31 Dec 2012102
1 Jan 2011 – 31 Dec 201188
1 Jan 2010 – 31 Dec 2010137
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008123
1 Jan 2007 – 31 Dec 2007115
1 Jan 2006 – 31 Dec 2006106

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 Sandal KrogsgaardCurrent
CEONiels Kollerup Christensen
CEONiels Kollerup Christensen
BoardThomas Sandal KrogsgaardCurrent
BoardJonas Houkjær BechCurrent
BoardMartin Vadmann UbbesenCurrent
BoardNiels Kollerup Christensen
BoardKurt Ewald Christensen
BoardJørgen Landbo
BoardJørgen Nielsen
BoardPeter Chresten Jensen Christensen
BoardAlex Hove Sørensen
BoardNiels Henrik Bornerup
BoardNiels Kollerup Christensen
BoardSøren Hundahl
BoardJørgen Veile
BoardInger Lise Christensen
BoardPer Bjørndal
BoardNiels Kollerup Christensen
BoardPeter Kaas Homann
BoardJesper Peick Nielsen
BoardMads Thomassen
BoardJesper Gravesen Byriel
Owner (33%)Thy Erhvervsinvest A/SCurrent
Owner (20%)Vub ApSCurrent
Owner (33%)TSH Invest Thisted ApSCurrent
Owner (50%)BUL HOLDING ApS
Owner (20%)HOMANN INVEST ApS
Owner (25%)PEICK HOLDING ApS
Owner (67%)BUL HOLDING ApS
Owner (25%)HOMANN INVEST ApS
Owner (20%)BUL HOLDING ApS
Owner (33%)TSH Invest Thisted ApS
Owner (10%)Vub ApS
Owner (50%)TSH Invest Thisted ApS
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorFrode Toftild

The CEOs' other companies

Thomas Sandal Krogsgaard – 14 other companies, of which 1 bankrupt

Niels Kollerup Christensen – 7 other companies, of which 1 bankrupt

Address history (3 moves)

Erhvervsvej 9, 7760 Hurup Thy
Søholtvej 3, 7700 Thisted
Søbrinken 18, 7700 Thisted
Vestergade 72, 7700 Thisted

Former names

Hedegaard Nordic A/S – now
Hedegaard Peick A/S –
HEDEGAARD OG HILLIGSØES EFTF. A/S –

Employees per year

Number of employees at Hedegaard Nordic A/S per year7132011: 1120112012: 1220122013: 1120132014: 1220142015: 1320152016: 1220162017: 1120172018: 132018

Other companies at the same address

Similar companies in Thisted

Questions and answers about Hedegaard Nordic A/S

Has Hedegaard Nordic A/S gone bankrupt?

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

What is the bankruptcy risk of Hedegaard Nordic A/S?

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

Who is the CEO of Hedegaard Nordic A/S?

Thomas Sandal Krogsgaard is the CEO of Hedegaard Nordic A/S.

Who is the auditor of Hedegaard Nordic A/S?

Hedegaard Nordic A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Hedegaard Nordic A/S founded?

Hedegaard Nordic A/S was founded on 12 November 1982.

What is the equity of Hedegaard Nordic A/S?

Equity was DKK 3.6m 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.