CONWEL A/S

CVR 27006094 · Public limited company (A/S) · Active · Low risk

CONWEL A/S is a Public limited company (A/S), founded on 6 February 2003, based in Give. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events. 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 May 2026) shows equity of DKK 144.0m and a net result of DKK 11.0m. CEO: Kenneth Nielsen Leth.

Bankruptcy risk for CONWEL A/S

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

CEO changes1 · bankruptcy rate 11.4%1.3×

Other companies at the same address20–100 · bankruptcy rate 10.2%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×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Gross profit growth0%–10% · bankruptcy rate 3.5%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: 27006094
Status: Active
Company type: Public limited company (A/S)
Founded: 6 February 2003 (23 years)
Address: Vejlevej 270
7323 Give
Municipality: Vejle
Industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events (773990)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital: DKK 12.0m
Auditor: Cedra Godkendt Revisionsaktieselskab
Audit opted out: No

Warning signs

Annual reports filed late	0 of 24
Missing annual report	No
Negative equity	No
Equity ratio	22.9%
Current ratio	253%
Moves (last 2 years)	0
CEO changes in total	1
CEO's previous bankruptcies	0
Other companies at the address	38
Going-concern uncertainty	No

Financials and key figures

Financial year	2026	2025	2024
Gross profit	DKK 58.6m	DKK 56.5m	DKK 45.8m
Net profit	DKK 11.0m	DKK 8.2m	DKK 8.8m
Equity	DKK 144.0m	DKK 132.9m	DKK 124.7m
Total assets	DKK 629.6m	DKK 661.1m	DKK 621.7m
Cash	DKK 6,213	–	–
Short-term debt	DKK 62.4m	DKK 58.3m	–
Avg. employees	0	0	–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Cedra.

Filed annual reports

Reporting period	Published	Days after period end
1 Jun 2025 – 31 May 2026	8 Oct 2026	130
1 Jun 2024 – 31 May 2025	26 Sep 2025	118
1 Jun 2023 – 31 May 2024	28 Oct 2024	150
1 Jun 2022 – 31 May 2023	4 Oct 2023	126
1 Jun 2021 – 31 May 2022	16 Sep 2022	108
1 Jun 2020 – 31 May 2021	6 Oct 2021	128
1 Jun 2019 – 31 May 2020	1 Oct 2020	123
1 Jun 2018 – 31 May 2019	22 Oct 2019	144
1 Jun 2017 – 31 May 2018	11 Sep 2018	103
1 Jun 2016 – 31 May 2017	18 Sep 2017	110
1 Jun 2015 – 31 May 2016	30 Sep 2016	122
1 Jun 2014 – 31 May 2015	28 Jul 2015	58
1 Jun 2013 – 31 May 2014	15 Aug 2014	76
1 Jun 2012 – 31 May 2013	4 Sep 2013	96
1 Jun 2011 – 31 May 2012	22 Aug 2012	83
1 Jun 2010 – 31 May 2011	22 Sep 2011	114
1 Jun 2009 – 31 May 2010	12 Oct 2010	134
1 Jun 2008 – 31 May 2009	6 Sep 2009	98
1 Jun 2007 – 31 May 2008	5 Nov 2008	158
1 Jun 2006 – 31 May 2007	17 Oct 2007	139

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	Kenneth Nielsen Leth	17 Dec 2020	Current
Board	Jens Risvig Pedersen	3 Apr 2003	Current
Board	Carsten Risvig Pedersen	5 Oct 2010	Current
Board	Kenneth Nielsen Leth	10 Jan 2020	Current
Board	Kim Madsen	6 Feb 2003	3 Apr 2003
Board	Helle Garde Carlsen	6 Feb 2003	3 Apr 2003
Board	Annemette Heller	6 Feb 2003	3 Apr 2003
Board	Tommy Vestergaard Christiansen	3 Apr 2003	5 Oct 2010
Board	Flemming Jan Risvig Pedersen	3 Apr 2003	21 Aug 2009
Board	Torben Jørgensen	26 Jun 2009	10 Jan 2020
Owner (100%)	Welcon Group A/S	14 Feb 2023	Current
Owner (100%)	CJ HOLDING ApS	3 Apr 2003	14 Feb 2023
Auditor	Cedra Godkendt Revisionsaktieselskab	10 Jun 2016	Current
Auditor	ERNST & YOUNG DENMARK P/S	6 Feb 2003	3 Apr 2003
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	3 Apr 2003	13 Nov 2012
Auditor	ROESGAARD A/S	13 Nov 2012	10 Jun 2016
Founder	ANPARTSSELSKABET STAKEMANN	6 Feb 2003	Current

The CEOs' other companies

Kenneth Nielsen Leth – 34 other companies, of which 3 bankrupt

AGRIHOLDING A/S Bankrupt 26 May 2009
AGRILEASING A/S Bankrupt 26 May 2009
DWT (SERVICE) A/S Bankrupt 10 Dec 1991
2E ELLGARD EQUIPMENT A/S Fusioneret
BG BURCHARTH A/S Active
BG FLUX ApS Active
BG Group Ejendomme ApS Active
BG Termic Plus ApS Active
BRANDE INVESTERINGS- OG FINANSIERINGSSELSKAB A/S Active
BYGGROS A/S Active
BYGGROS HOLDING A/S Active
CJ HOLDING II ApS Active
CONARMA EJENDOMME A/S Active
DANSKE STENHUGGERIER A/S Active
DS EUROPE ApS Active
EJENDOMSSELSKABET DANSKE STENHUGGERIER ApS Fusioneret
ESESTATE A/S Opløst
ESINVEST A/S Active
GENVEST CAPITAL INVEST A/S Fusioneret
Gamekeeper & Buhls Jagtrejser A/S Active
Gudnason Natursten A/S Active
HOLDINGSELSKABET AF 1. APRIL 2001 ApS Fusioneret
HOLDINGSELSKABET AF 2. APRIL 2001 ApS Fusioneret
JC INVEST 2009 A/S Opløst
JTK A/S Opløst
KNL INVEST ApS Fusioneret
MILLAG ApS Active
NORDVEST A/S Active
Nexion Northern Europe A/S Active
STENHØJ BARRIT A/S Opløst

Address history (3 moves)

29 Sep 2011	Vejlevej 270, 7323 Give
1 Jan 2007	Svindbækvej 1, 7323 Give
3 Apr 2003	Svindbækvej 1, 7323 Give
6 Feb 2003	Kronprinsessegade 18, 1306 København K

Former names

CONWEL A/S	3 Apr 2003 – now
A/S PSE 38 NR. 2501	6 Feb 2003 – 2 Apr 2003

Other companies at the same address

AKTIESELSKABET AF 29. SEPTEMBER 2008 Opløst
AKTIESELSKABET AF 8. JULI 2008 Opløst
AP Renewable Technologies ApS Fusioneret
ARMACON A/S Fusioneret
Aktieselskabet af 1.6.2015 Opløst
BBK HOLDING ApS Active
BRANDE INVESTERINGS- OG FINANSIERINGSSELSKAB A/S Active
BRANDE STÅL A/S Fusioneret
CJ HOLDING ApS Active
CJ HOLDING II ApS Active
CJ PRODUKTION A/S Opløst
CONARMA EJENDOMME A/S Active
CONARMA INVEST I A/S Fusioneret
CONARMA INVEST II A/S Opløst
CONWEX ENERGY INVEST A/S Opløst
CRP Familie ApS Active
CRP INVEST ApS Active
ESESTATE A/S Opløst
ESINVEST A/S Active
FP PRODUCT A/S Opløst
GENVEST CAPITAL INVEST A/S Fusioneret
HEADKAP A/S Opløst
JC INVEST 2009 A/S Opløst
JRP Ejendomme ApS Active
JRP Familie ApS Active

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Questions and answers about CONWEL A/S

Has CONWEL A/S gone bankrupt?

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

What is the bankruptcy risk of CONWEL A/S?

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 CONWEL A/S?

Kenneth Nielsen Leth is the CEO of CONWEL A/S.

Who is the auditor of CONWEL A/S?

CONWEL A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was CONWEL A/S founded?

CONWEL A/S was founded on 6 February 2003.

What is the equity of CONWEL A/S?

Equity was DKK 144.0m according to the annual report for the period ending 31 May 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.