WGS WELLNESS GROUP A/S

CVR 26994691 · Public limited company (A/S) · Active · Low risk

WGS WELLNESS GROUP A/S is a Public limited company (A/S), founded on , based in Frederikshavn. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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. The latest annual report (30 Jun 2025) shows equity of DKK 4.3m and a net result of DKK 2.3m. CEO: Martin Høeg Lundberg.

Bankruptcy risk for WGS WELLNESS GROUP A/S

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

Employees (latest year)2–5 · 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
26994691
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Østeråsene 16
9900 Frederikshavn
Municipality
Frederikshavn
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio263%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.8mDKK 3.1m
Net profitDKK 2.3mDKK 1.2m
EquityDKK 4.3mDKK 3.2m
Total assetsDKK 8.0mDKK 7.7m
CashDKK 323k–
Short-term debtDKK 3.0m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025173
1 Jul 2023 – 30 Jun 2024177
1 Jul 2022 – 30 Jun 202394
1 Jul 2021 – 30 Jun 2022178
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020155
1 Jul 2018 – 30 Jun 2019150
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017137
1 Jul 2015 – 30 Jun 2016104
1 Jul 2014 – 30 Jun 2015142
1 Jul 2013 – 30 Jun 2014141
1 Jul 2012 – 30 Jun 2013134
1 Jul 2011 – 30 Jun 2012153
1 Jul 2010 – 30 Jun 2011157
1 Jul 2009 – 30 Jun 2010152
1 Jul 2008 – 30 Jun 2009156
1 Jul 2007 – 30 Jun 200899
1 Jul 2006 – 30 Jun 2007156
1 Jul 2005 – 30 Jun 2006150

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
CEOMartin Høeg LundbergCurrent
BoardSøren Qvist NielsenCurrent
BoardMartin Høeg LundbergCurrent
BoardPeter Høeg Juhl JensenCurrent
Owner (100%)HAWK HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorREGNSKABSFIRMAET MARTIN ENGBJERG ApS
AuditorREGNSKABSFIRMAET MARTIN ENGBJERG ApS
AuditorREGNSKABSFIRMAET MARTIN ENGBJERG ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMartin Høeg LundbergCurrent

The CEOs' other companies

Martin Høeg Lundberg – 3 other companies, of which 1 bankrupt

Address history (4 moves)

Østeråsene 16, 9900 Frederikshavn
Krogen 22B, 9900 Frederikshavn
Hjørringvej 145 d, 9900 Frederikshavn
Silovej 8, 3., 9900 Frederikshavn
Havnepladsen 12 by, 9900 Frederikshavn

Former names

WGS WELLNESS GROUP A/S – now
WELLNESS GROUP SCANDINAVIA ApS –

Employees per year

Number of employees at WGS WELLNESS GROUP A/S per year122011: 120112012: 120122013: 120132014: 120142015: 120152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about WGS WELLNESS GROUP A/S

Has WGS WELLNESS GROUP A/S gone bankrupt?

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

What is the bankruptcy risk of WGS WELLNESS GROUP A/S?

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 WGS WELLNESS GROUP A/S?

Martin Høeg Lundberg is the CEO of WGS WELLNESS GROUP A/S.

Who is the auditor of WGS WELLNESS GROUP A/S?

WGS WELLNESS GROUP A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was WGS WELLNESS GROUP A/S founded?

WGS WELLNESS GROUP A/S was founded on 5 January 2004.

What is the equity of WGS WELLNESS GROUP A/S?

Equity was DKK 4.3m 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.