VESTVÆRFTET ApS
CVR 18915642 · Private limited company (ApS) · Active · Low risk
VESTVÆRFTET ApS is a Private limited company (ApS), founded on , based in Hvide Sande. The company is registered in the industry bygning af civile skibe og flydende materiel. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -41.8m and a net result of DKK -46.0m. CEO: Ove Lodberg Kristensen, Nicolai Kilde Johansen.
Bankruptcy risk for VESTVÆRFTET ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 18915642
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (30 years)
- Address
- Nordhavnskaj 12
6960 Hvide Sande - Municipality
- Ringkøbing-Skjern
- Industry
- Bygning af civile skibe og flydende materiel (301100)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer - Share capital
- DKK 200k
- Employees
- 41 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 29 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -29.3% |
| Current ratio | 121% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -13.9m | DKK 21.1m |
| Net profit | DKK -46.0m | DKK -3.1m |
| Equity | DKK -41.8m | DKK 4.1m |
| Total assets | DKK 142.8m | DKK 93.1m |
| Cash | DKK 71k | – |
| Short-term debt | DKK 115.1m | – |
| Avg. employees | 51 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 149 | ||
| 1 Jul 2023 – 30 Jun 2024 | 159 | ||
| 1 Jul 2022 – 30 Jun 2023 | 200 | Late | |
| 1 Jul 2021 – 30 Jun 2022 | 186 | Late | |
| 1 Jul 2020 – 30 Jun 2021 | 156 | ||
| 1 Jul 2019 – 30 Jun 2020 | 141 | ||
| 1 Jul 2018 – 30 Jun 2019 | 158 | ||
| 1 Jul 2017 – 30 Jun 2018 | 157 | ||
| 1 Jul 2016 – 30 Jun 2017 | 161 | ||
| 1 Jul 2015 – 30 Jun 2016 | 155 | ||
| 1 Jul 2014 – 30 Jun 2015 | 154 | ||
| 1 Jul 2013 – 30 Jun 2014 | 151 | ||
| 1 Jul 2012 – 30 Jun 2013 | 145 | ||
| 1 Jul 2011 – 30 Jun 2012 | 137 | ||
| 1 Jul 2010 – 30 Jun 2011 | 98 | ||
| 1 Jul 2009 – 30 Jun 2010 | 113 | ||
| 1 Jul 2008 – 30 Jun 2009 | 126 | ||
| 1 Jul 2007 – 30 Jun 2008 | 132 | ||
| 1 Jul 2006 – 30 Jun 2007 | 151 | ||
| 1 Jul 2005 – 30 Jun 2006 | 107 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ove Lodberg Kristensen | Current | |
| CEO | Nicolai Kilde Johansen | Current | |
| CEO | Ernst Kristensen | ||
| CEO | Leo Emil Nielsen | ||
| CEO | Brian Sangill | ||
| CEO | Kristen Madsen | ||
| Owner (50%) | VESTVÆRFTET HOLDING ApS | Current | |
| Owner (25%) | NK Johansen Holding ApS | Current | |
| Owner (25%) | VESTVÆRFTET ApS | Current | |
| Owner (67%) | VESTVÆRFTET HOLDING ApS | ||
| Owner (25%) | A/S HVIDE SANDE SKIBS- OG BAADEBYGGERI | ||
| Owner (100%) | VESTVÆRFTET HOLDING ApS | ||
| Owner (25%) | A/S HVIDE SANDE SKIBS- OG BAADEBYGGERI | ||
| Owner (67%) | VESTVÆRFTET HOLDING ApS | ||
| Owner (15%) | KM Holding HVS ApS | ||
| Owner (15%) | NK Johansen Holding ApS | ||
| Owner (25%) | KM Holding HVS ApS | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | RØJKLIT REVISION REGISTRERET REVISIONSAKTIESELSKAB | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | Partner Revision statsautoriseret revisionsaktieselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | Ove Lodberg Kristensen | Current | |
| Founder | Bent Lodberg Kristensen | Current | |
| Founder | Ernst Kristensen | Current | |
| Founder | Leo Emil Nielsen | Current |
The CEOs' other companies
Ove Lodberg Kristensen – 5 other companies
- EGON OG ERNST KRISTENSEN HOLDING A/S Compulsorily dissolved
- HVIDE SANDE SKIBSSMEDIE A/S Opløst
- HVIDE SANDE SKIBSSMEDIE EJENDOMME ApS Opløst
- VEST DESIGN HVIDE SANDE ApS Opløst
- VESTVÆRFTET HOLDING ApS Active
Nicolai Kilde Johansen – 1 other companies
- NK Johansen Holding ApS Active
Ernst Kristensen – 7 other companies, of which 3 bankrupt
- JOHS. KRISTENSEN SKIBSBYGGERI A/S Bankrupt 2 May 1995
- NF SALG OG ADMINISTRATION A/S Bankrupt 12 Jun 2003
- SCAN VEST DENMARK A/S Bankrupt 23 Jan 1996
- BM 5 HOLDING ApS Opløst
- EGON OG ERNST KRISTENSEN HOLDING A/S Compulsorily dissolved
- VEST DESIGN HVIDE SANDE ApS Opløst
- VESTVÆRFTET HOLDING ApS Active
Leo Emil Nielsen – 1 other companies
- VESTVÆRFTET HOLDING ApS Active
Brian Sangill – 4 other companies
- AGILELEANHOUSE A/S Opløst
- HYDROFOSS ApS Compulsorily dissolved
- Hydrofoss Holding ApS Compulsorily dissolved
- VEST DESIGN HVIDE SANDE ApS Opløst
Kristen Madsen – 1 other companies
- KM Holding HVS ApS Active
Address history (1 moves)
| Nordhavnskaj 12, 6960 Hvide Sande | |
| Nordhavnskaj 12, 6960 Hvide Sande |
Employees per year
Other companies at the same address
- Marine Equipment ApS Opløst
- VEST DESIGN HVIDE SANDE ApS Opløst
- VESTVÆRFTET HOLDING ApS Active
Similar companies in Ringkøbing-Skjern
- Hvide Sande Shipyard Navy ApS Hvide Sande
Questions and answers about VESTVÆRFTET ApS
Has VESTVÆRFTET ApS gone bankrupt?
No, VESTVÆRFTET ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of VESTVÆRFTET ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of VESTVÆRFTET ApS?
Ove Lodberg Kristensen, Nicolai Kilde Johansen are the CEOs of VESTVÆRFTET ApS.
Who is the auditor of VESTVÆRFTET ApS?
VESTVÆRFTET ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was VESTVÆRFTET ApS founded?
VESTVÆRFTET ApS was founded on 8 November 1995.
What is the equity of VESTVÆRFTET ApS?
Equity was DKK -41.8m according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.