POLYWARE ApS

CVR 24228681 · Private limited company (ApS) · Active · Low risk

POLYWARE ApS is a Private limited company (ApS), founded on , based in Sorring. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK -169k. CEO: Flemming Graasten.

Bankruptcy risk for POLYWARE ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%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×
Equity vs. share capital5+× · 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×
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
24228681
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
Silkeborgvej 12A
8641 Sorring
Municipality
Silkeborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityNo
Equity ratio75.8%
Current ratio79%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 32kDKK 46kDKK 148k
Net profitDKK -169kDKK -141kDKK 217k
EquityDKK 1.7mDKK 1.9mDKK 2.0m
Total assetsDKK 2.2mDKK 2.8mDKK 3.3m
CashDKK 122kDKK 437k–
Short-term debtDKK 540kDKK 932k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014127
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011165
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008166
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006169

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
CEOFlemming GraastenCurrent
Owner (100%)Flemming GraastenCurrent
AuditorQurios Statsautoriseret Revisionsinteressentskab
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderFlemming GraastenCurrent

The CEOs' other companies

Flemming Graasten – 2 other companies

Address history (3 moves)

Silkeborgvej 12A, 8641 Sorring
Silkeborgvej 12, 8641 Sorring
Silkeborgvej 12, 8641 Sorring
Silkeborgvej 23, 8641 Sorring

Former names

POLYWARE ApS – now
SECURAS ApS –
SCAN-BALL ApS –

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about POLYWARE ApS

Has POLYWARE ApS gone bankrupt?

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

What is the bankruptcy risk of POLYWARE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of POLYWARE ApS?

Flemming Graasten is the CEO of POLYWARE ApS.

Who is the auditor of POLYWARE ApS?

POLYWARE ApS most recently used EY Godkendt Revisionspartnerselskab.

When was POLYWARE ApS founded?

POLYWARE ApS was founded on 16 August 1999.

What is the equity of POLYWARE ApS?

Equity was DKK 1.7m 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.