WELA GROUP SCANDINAVIA ApS

CVR 14859330 · Private limited company (ApS) · Active · Low risk

WELA GROUP SCANDINAVIA ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry engroshandel med ure og smykker. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 914k and a net result of DKK -4,823. CEO: Peter Ranch Svendsen.

Bankruptcy risk for WELA GROUP SCANDINAVIA ApS

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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
14859330
Status
Active
Company type
Private limited company (ApS)
Founded
(36 years)
Address
Gothersgade 1
7000 Fredericia
Municipality
Fredericia
Industry
Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
0 (2003)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 31
Missing annual reportNo
Negative equityNo
Equity ratio87.0%
Current ratio771%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3,601DKK 7,745DKK 58k
Net profitDKK -4,823DKK -581DKK 45k
EquityDKK 914kDKK 918kDKK 980k
Total assetsDKK 1.0mDKK 1.1mDKK 1.1m
CashDKK 234kDKK 168k–
Short-term debtDKK 136kDKK 159k–
Tax owedDKK 0DKK 264–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022146
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013172
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009181
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007184 Late
1 Jan 2006 – 31 Dec 2006178

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
CEOPeter Ranch SvendsenCurrent
CEOOle Willy Mandrup Rasmussen
BoardPeter Ranch SvendsenCurrent
BoardSøren Søderberg Ranch SvendsenCurrent
BoardLeif Westermann
BoardHeinrich Christiansen
BoardBent Georg Christensen
BoardConny Bæk Hansen
BoardKaj Møller
BoardPoul Ranch Svendsen
BoardKaren Margrethe Svendsen
Owner (100%)Peter Ranch SvendsenCurrent
AuditorINVESTERINGSSELSKABET AF 4.1.00 A/S
AuditorREVISIONSSELSKABET AF 12/8 1993 ApS
AuditorVRR AF 31.12.1995 ApS
AuditorVejle Revision og Rådgivning
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRL VEJLE, A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderLeif WestermannCurrent
FounderHeinrich ChristiansenCurrent
FounderBent Georg ChristensenCurrent
FounderConny Bæk HansenCurrent
FounderKaj MøllerCurrent

The CEOs' other companies

Peter Ranch Svendsen – 3 other companies

Ole Willy Mandrup Rasmussen – 35 other companies, of which 2 bankrupt

Address history (0 moves)

Gothersgade 1, 7000 Fredericia

Former names

WELA GROUP SCANDINAVIA ApS – now
MMVA IX HORSENS ApS –

Employees per year

Number of employees at WELA GROUP SCANDINAVIA ApS per year112000: 120002001: 120012002: 120022003: 02003

Other companies at the same address

Similar companies in Fredericia

Questions and answers about WELA GROUP SCANDINAVIA ApS

Has WELA GROUP SCANDINAVIA ApS gone bankrupt?

No, WELA GROUP SCANDINAVIA ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WELA GROUP SCANDINAVIA ApS?

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 WELA GROUP SCANDINAVIA ApS?

Peter Ranch Svendsen is the CEO of WELA GROUP SCANDINAVIA ApS.

Who is the auditor of WELA GROUP SCANDINAVIA ApS?

WELA GROUP SCANDINAVIA ApS most recently used Beierholm.

When was WELA GROUP SCANDINAVIA ApS founded?

WELA GROUP SCANDINAVIA ApS was founded on 2 November 1990.

What is the equity of WELA GROUP SCANDINAVIA ApS?

Equity was DKK 914k 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.