WHEAT A/S

CVR 21780006 · Public limited company (A/S) · Active · Low risk

WHEAT A/S is a Public limited company (A/S), founded on , based in Gentofte. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 18.7m and a net result of DKK 221k. CEO: Simon Lajlev Larsen.

Bankruptcy risk for WHEAT A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
21780006
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Grusbakken 12
2820 Gentofte
Municipality
Gentofte
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 630k
Employees
29 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 26
Missing annual reportNo
Negative equityNo
Equity ratio22.8%
Current ratio137%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies1
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 26.2mDKK 27.3m
Net profitDKK 221kDKK 607k
EquityDKK 18.7mDKK 20.2m
Total assetsDKK 82.2mDKK 62.3m
CashDKK 843k–
Short-term debtDKK 57.9m–
Avg. employees33–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · BUUS JENSEN, Statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024191 Late
1 Jul 2022 – 30 Jun 2023194 Late
1 Jul 2021 – 30 Jun 2022145
1 Jul 2020 – 30 Jun 2021166
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019157
1 Jul 2017 – 30 Jun 2018144
1 Jul 2016 – 30 Jun 2017144
1 Jul 2015 – 30 Jun 2016162
1 Jul 2014 – 30 Jun 2015163
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012167
1 Jul 2010 – 30 Jun 2011160
1 Jul 2009 – 30 Jun 2010165
1 Jul 2008 – 30 Jun 2009163
1 Jul 2007 – 30 Jun 2008156
1 Jul 2006 – 30 Jun 2007158
1 Jul 2005 – 30 Jun 2006153

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
CEOSimon Lajlev LarsenCurrent
CEOCharlotte Galsgaard
CEOPeter Julius Nemeth Galsgaard
CEOThomas Gammelgaard Frederiksen
CEOThomas Gammelgaard Frederiksen
BoardPeter Julius Nemeth GalsgaardCurrent
BoardCharlotte GalsgaardCurrent
BoardClaus TjærbyCurrent
BoardTorben LaustsenCurrent
BoardMarianne TochtermannCurrent
BoardLise RyevadCurrent
BoardJesper RasmussenCurrent
BoardJens Østergaard Madsen
BoardErik Galsgaard
BoardSven Gert Hougaard
BoardAnnette Pia Brøndholt Sørensen
BoardThomas Gammelgaard Frederiksen
BoardCharlotte Galsgaard
BoardCharlotte Galsgaard
BoardJulius Nemeth Galsgaard
BoardGuðný Ingadóttir
Owner (100%)Small Wonders ApSCurrent
Owner (67%)D1 HOLDING ApS
Owner (20%)JØM ApS
Owner (90%)D1 HOLDING ApS
Owner (10%)JØM ApS
Owner (10%)Thomas Gammelgaard Frederiksen
Owner (67%)D1 HOLDING ApS
Owner (10%)TGF Holding ApS
Owner (90%)D1 HOLDING ApS
Owner (67%)D1 HOLDING ApS
Owner (15%)TGF Holding ApS
Owner (25%)TGF Holding ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKirsten Balle
AuditorJan Ole Edelbo vo
AuditorRevisions Firmaet Edelbo Statsautoriseret Revisionsvirksomhed I/S
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORER
FounderPeter Julius Nemeth GalsgaardCurrent

The CEOs' other companies

Simon Lajlev Larsen – 3 other companies, of which 1 bankrupt

Charlotte Galsgaard – 6 other companies

Peter Julius Nemeth Galsgaard – 9 other companies

Thomas Gammelgaard Frederiksen – 15 other companies

Address history (2 moves)

Grusbakken 12, 2820 Gentofte
Grusbakken 9, 2820 Gentofte
Solbakkevej 35, 2820 Gentofte

Former names

WHEAT A/S – now
OFFSPRING A/S –
OFFSPRING ApS –

Employees per year

Number of employees at WHEAT A/S per year15292011: 2420112012: 1220122013: 2220132014: 1520142015: 1420152016: 2320162017: 2720172018: 292018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about WHEAT A/S

Has WHEAT A/S gone bankrupt?

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

What is the bankruptcy risk of WHEAT A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of WHEAT A/S?

Simon Lajlev Larsen is the CEO of WHEAT A/S.

Who is the auditor of WHEAT A/S?

WHEAT A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was WHEAT A/S founded?

WHEAT A/S was founded on 1 June 1999.

What is the equity of WHEAT A/S?

Equity was DKK 18.7m 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.