BOAK A/S

CVR 87570916 · Public limited company (A/S) · Active · Low risk

BOAK A/S is a Public limited company (A/S), founded on , based in Holbæk. The company is registered in the industry udlejning af erhvervsejendomme. 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 5.5m and a net result of DKK -63k. CEO: Finn Erling Olsen.

Bankruptcy risk for BOAK A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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
87570916
Status
Active
Company type
Public limited company (A/S)
Founded
(48 years)
Address
c/o Finn Olsen, Solbakken 20
4300 Holbæk
Municipality
Holbæk
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.2m
Employees
1 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio67.0%
Current ratio15%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.1mDKK 1.1mDKK 1.1m
Net profitDKK -63kDKK 482kDKK 972k
EquityDKK 5.5mDKK 7.1mDKK 8.1m
Total assetsDKK 8.2mDKK 11.6mDKK 12.0m
CashDKK 92kDKK 94k–
Short-term debtDKK 1.4mDKK 3.0m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024128
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 202184
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 201990
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201771
1 Jan 2016 – 31 Dec 201697
1 Jan 2015 – 31 Dec 201577
1 Jan 2014 – 31 Dec 2014118
1 Jan 2013 – 31 Dec 201379
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 2011130
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009139
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006149

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
CEOFinn Erling OlsenCurrent
CEOErling Olsen
BoardFinn Erling OlsenCurrent
BoardKlaus Erling OlsenCurrent
BoardKasper Erling Ellekær-OlsenCurrent
BoardHans Henrik Poulsen
BoardErling Olsen
BoardJørgen Spilcker
BoardBirthe Caspersen Bundgård
BoardAnnette Ammekilde
Owner (50%)Finn Erling OlsenCurrent
Owner (50%)BOAK A/SCurrent
Owner (50%)Annette Ammekilde
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Finn Erling Olsen – 6 other companies, of which 1 bankrupt

Erling Olsen – 1 other companies

Address history (3 moves)

c/o Finn Olsen, Solbakken 20, 4300 Holbæk
Lundemarksvej 23, 4300 Holbæk
Lundemarksvej 23, 4300 Holbæk
Storegade 36, 4550 Asnæs

Former names

BOAK A/S – now
BOAK ApS –
EJENDOMSANPARTSSELSKABET BOAK –
EJENDOMSANPARTSSELSKABET MATR. NR. 4 BL ASNÆS BY, ASNÆS –

Employees per year

Number of employees at BOAK A/S per year112013: 120132014: 120142015: 120152016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Holbæk

Questions and answers about BOAK A/S

Has BOAK A/S gone bankrupt?

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

What is the bankruptcy risk of BOAK 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 BOAK A/S?

Finn Erling Olsen is the CEO of BOAK A/S.

Who is the auditor of BOAK A/S?

BOAK A/S most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was BOAK A/S founded?

BOAK A/S was founded on 24 May 1978.

What is the equity of BOAK A/S?

Equity was DKK 5.5m 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.