PROJECTWORKS ApS

CVR 27988865 · Private limited company (ApS) · Active · Low risk

PROJECTWORKS ApS is a Private limited company (ApS), founded on , based in Holte. The company is registered in the industry udlejning af erhvervsejendomme. 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 2.9m and a net result of DKK 3.4m. CEO: Lars Strande Rasmussen, Tom David Wellendorph.

Bankruptcy risk for PROJECTWORKS 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Return on assets15%+ · 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
27988865
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Skovlytoften 4
2840 Holte
Municipality
Rudersdal
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 240k
Employees
0 (2011)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 21
Missing annual reportNo
Negative equityNo
Equity ratio39.5%
Current ratio11%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 224kDKK 29kDKK 212k
Net profitDKK 3.4mDKK -90kDKK 45k
EquityDKK 2.9mDKK -502kDKK -412k
Total assetsDKK 7.4mDKK 4.1mDKK 4.3m
CashDKK 138kDKK 118k–
Short-term debtDKK 1.9mDKK 2.0m–
Tax owedDKK 21kDKK 0–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022156
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020201 Late
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017137
1 Jul 2015 – 30 Jun 2016168
1 Jul 2014 – 30 Jun 2015147
1 Jul 2013 – 30 Jun 2014141
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012157
1 Jul 2010 – 30 Jun 2011161
1 Jul 2009 – 30 Jun 2010158
1 Jul 2008 – 30 Jun 2009159
1 Jul 2007 – 30 Jun 2008120
1 Jul 2006 – 30 Jun 2007129
1 Jul 2005 – 30 Jun 2006157

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
CEOLars Strande RasmussenCurrent
CEOTom David WellendorphCurrent
CEOJesper Elkjær
BoardKasper Wiborg Ovi
BoardLars Barner Møller
BoardKim Hagstrøm
BoardMarianne Vörts
BoardSanne Hagstrøm
Owner (50%)WellOff ApSCurrent
Owner (33%)Lastras ApSCurrent
Owner (50%)C & C DEVELOPMENT ApS
Owner (50%)PR MANAGEMENT ApS
AuditorLøfgreen & Partnere Statsautoriserede revisorer I/S
AuditorRågeleje af 12. august 2021 ApS
AuditorREVISIONSFIRMAET BENT RINDOM
FounderKasper Wiborg OviCurrent
FounderJesper ElkjærCurrent
FounderC & C DEVELOPMENT ApSCurrent
FounderPR MANAGEMENT ApSCurrent

The CEOs' other companies

Lars Strande Rasmussen – 2 other companies, of which 1 bankrupt

Tom David Wellendorph – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Skovlytoften 4, 2840 Holte
Skovlytoften 4, 2840 Holte

Employees per year

Number of employees at PROJECTWORKS ApS per year122004: 220042011: 02011

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about PROJECTWORKS ApS

Has PROJECTWORKS ApS gone bankrupt?

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

What is the bankruptcy risk of PROJECTWORKS 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 PROJECTWORKS ApS?

Lars Strande Rasmussen, Tom David Wellendorph are the CEOs of PROJECTWORKS ApS.

Who is the auditor of PROJECTWORKS ApS?

PROJECTWORKS ApS most recently used Beierholm.

When was PROJECTWORKS ApS founded?

PROJECTWORKS ApS was founded on 16 August 2004.

What is the equity of PROJECTWORKS ApS?

Equity was DKK 2.9m 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.