WESTBANK HOLDING ApS

CVR 25431545 · Private limited company (ApS) · Active · Low risk

WESTBANK HOLDING ApS is a Private limited company (ApS), founded on , based in Hanstholm. The company is registered in the industry havfiskeri. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK -139k. CEO: Ernst Egon Christensen.

Bankruptcy risk for WESTBANK HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
25431545
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
c/o Ernst E. Christensen, Hanstedgård 17
7730 Hanstholm
Municipality
Thisted
Industry
Havfiskeri (031100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 125k
Employees
1 (2018)
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 26
Missing annual reportNo
Negative equityNo
Equity ratio89.8%
Current ratio195%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -60kDKK -63k
Net profitDKK -139kDKK -285k
EquityDKK 1.2mDKK 1.3m
Total assetsDKK 1.3mDKK 1.5m
CashDKK 258k–
Short-term debtDKK 137k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022116
1 Jan 2021 – 31 Dec 202183
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 2019134
1 Jan 2018 – 31 Dec 201880
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015149
1 Jan 2014 – 31 Dec 2014172
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 201242
1 Jan 2011 – 31 Dec 2011111
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 200890
1 Jan 2007 – 31 Dec 2007147
1 Jan 2006 – 31 Dec 2006142

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
CEOErnst Egon ChristensenCurrent
Owner (100%)Ernst Egon ChristensenCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorRL Registreret Revisionsaktieselskab
AuditorMC REVISION A/S
FounderErnst Egon ChristensenCurrent

The CEOs' other companies

Ernst Egon Christensen – 2 other companies

Address history (2 moves)

c/o Ernst E. Christensen, Hanstedgård 17, 7730 Hanstholm
Bygmarken 12, 7730 Hanstholm
Bygmarken 12, 7730 Hanstholm

Employees per year

Number of employees at WESTBANK HOLDING ApS per year112016: 120162017: 020172018: 12018

Similar companies in Thisted

Questions and answers about WESTBANK HOLDING ApS

Has WESTBANK HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of WESTBANK HOLDING 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 WESTBANK HOLDING ApS?

Ernst Egon Christensen is the CEO of WESTBANK HOLDING ApS.

Who is the auditor of WESTBANK HOLDING ApS?

WESTBANK HOLDING ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was WESTBANK HOLDING ApS founded?

WESTBANK HOLDING ApS was founded on 24 May 2000.

What is the equity of WESTBANK HOLDING ApS?

Equity was DKK 1.2m 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.