DECOWICON ApS

CVR 27966357 · Private limited company (ApS) · Active · Low risk

DECOWICON ApS is a Private limited company (ApS), founded on , based in Brande. The company is registered in the industry fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter. 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, 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 8.8m and a net result of DKK 1.3m. CEO: Poul Erik Nielsen, Jette Birgitte Nielsen.

Bankruptcy risk for DECOWICON ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
27966357
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Julsgårdvej 4
7330 Brande
Municipality
Ikast-Brande
Industry
Fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter (281100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 500k
Employees
4 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 20
Missing annual reportNo
Negative equityNo
Equity ratio88.3%
Current ratio824%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.4mDKK 5.2m
Net profitDKK 1.3mDKK 768k
EquityDKK 8.8mDKK 7.6m
Total assetsDKK 10.0mDKK 8.4m
CashDKK 3.7m–
Short-term debtDKK 1.2m–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202576
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023139
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 202184
1 Jan 2020 – 31 Dec 2020117
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 201849
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013104
1 Jan 2012 – 31 Dec 2012115
1 Jan 2011 – 31 Dec 2011319 Late
1 Jan 2010 – 31 Dec 2010124
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008106
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006130

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
CEOPoul Erik NielsenCurrent
CEOJette Birgitte NielsenCurrent
BoardJette Birgitte Nielsen
BoardPoul Erik Nielsen
BoardTom Lundgård Pedersen
BoardRonnie Walther Birk Frederiksen
BoardSteffi Birgitte Nielsen
BoardKatja Birgitte Nielsen
Owner (100%)JPN WIND HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorREVISIONSFIRMAET H P HANSEN
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorREVISIONSFIRMAET PEDER HOLT REGISTRERET REVISIONSANPARTSSELSKAB
FounderPoul Erik NielsenCurrent

The CEOs' other companies

Poul Erik Nielsen – 3 other companies

Address history (2 moves)

Julsgårdvej 4, 7330 Brande
Julsgårdvej 5, 7330 Brande
Julsgårdvej 5, 7330 Brande

Former names

DECOWICON ApS – now
DECOWICON A/S –

Employees per year

Number of employees at DECOWICON ApS per year242011: 320112012: 220122013: 220132014: 220142015: 420152016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about DECOWICON ApS

Has DECOWICON ApS gone bankrupt?

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

What is the bankruptcy risk of DECOWICON 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 DECOWICON ApS?

Poul Erik Nielsen, Jette Birgitte Nielsen are the CEOs of DECOWICON ApS.

Who is the auditor of DECOWICON ApS?

DECOWICON ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was DECOWICON ApS founded?

DECOWICON ApS was founded on 1 January 2006.

What is the equity of DECOWICON ApS?

Equity was DKK 8.8m 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.