Information from Helgstrand - November 15th 2022

Helgstrand Dressage and Andreas are mentioned in an article in Nordjyske on 14 November 2022.

The article concerns Helgstrand Dressage’s sale in 2021 of a then 4-year-old horse, which was owned equally by Helgstrand Dressage and breeder Michelle Vicki Nedergaard.

The content in the article gives us cause to present the actual and verifiable course of the transaction.

Helgstrand Dressage had acquired half of the horse in accordance with a cooperation agreement with the breeder.

The cooperation agreement specified that the horse could only be sold by one of the parties after receiving written consent concerning the conditions of the sale from the other party.

In mid-October 2020 – when the horse was 3 years old – the breeder informed Helgstrand Dressage in writing that the horse could be sold for EUR 40,000.00 in total.

In the summer of 2021, Helgstrand Dressage sold the horse for EUR 50,000.00 + the value of an exchanged horse worth EUR 20,000.00, corresponding to a total sales price of EUR 70,000.00.

Due to an internal mistake, for which Helgstrand Dressage has apologized to the breeder on several occasions, the breeder was not immediately informed about the sale and compensated for her share, which is otherwise standard business practice. The breeder later learned that the sale had been completed.

As mentioned, we have expressly apologized to the breeder, and we have documented the sales conditions by presenting the invoice sent to the buyer.

Along with the apology, Helgstrand Dressage has asked the breeder to inform Helgstrand Dressage if the breeder would prefer to receive payment for her share of the sales price amounting to EUR 35,000.00; or to receive a share of the exchanged horse; or if Helgstrand Dressage after having investigated this option with the buyer should acquire the horse, which is now 5 years old, from the buyer.

The breeder has neither during several phone conversations nor in writing wanted to consider these options or presented any financial claim against Helgstrand Dressage. The breeder has instead contacted Nordjyske and simultaneously provided the outlet with the invoice from the sale thus revealing the buyer’s identity against the buyer’s will.

As mentioned, Helgstrand Dressage apologizes for the mistake in our business practice concerning information and payment to the breeder, but we find that the breeder’s approach to the case following our apology is very unfortunate.

We still await the breeder’s response concerning the breeder’s wish for closing the matter and simultaneously apologize to the buyer that the buyer’s identity was made public due to the breeder’s contact with Nordjyske.