INWAVE ApS

CVR 28289073 · Private limited company (ApS) · Active · Low risk

INWAVE ApS is a Private limited company (ApS), founded on , based in Faaborg. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. 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 2025) shows equity of DKK 11.7m and a net result of DKK 1.2m. CEO: Simon Frandsen.

Bankruptcy risk for INWAVE ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
28289073
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Smedemestervej 7
5600 Faaborg
Municipality
Faaborg-Midtfyn
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
8 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio75.1%
Current ratio448%
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 year202520242023
Gross profitDKK 8.3mDKK 8.9mDKK 8.6m
Net profitDKK 1.2mDKK 2.0mDKK 2.4m
EquityDKK 11.7mDKK 11.1mDKK 9.6m
Total assetsDKK 15.5mDKK 15.6mDKK 14.2m
CashDKK 602kDKK 785k–
Short-term debtDKK 3.3mDKK 3.7m–
Avg. employees1111–

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 Jun 2024 – 31 May 2025172
1 Jun 2023 – 31 May 2024177
1 Jun 2022 – 31 May 2023173
1 Jun 2021 – 31 May 2022143
1 Jun 2020 – 31 May 2021146
1 Jun 2019 – 31 May 2020152
1 Jun 2018 – 31 May 2019136
1 Jun 2017 – 31 May 2018134
1 Jun 2016 – 31 May 2017147
1 Jun 2015 – 31 May 2016162
1 Jun 2014 – 31 May 2015162
1 Jun 2013 – 31 May 2014157
1 Jun 2012 – 31 May 2013125
1 Jun 2011 – 31 May 201243
1 Jun 2010 – 31 May 201137
1 Jun 2009 – 31 May 2010106
1 Jun 2008 – 31 May 2009147
1 Jun 2007 – 31 May 2008159
1 Jun 2006 – 31 May 2007136
7 Dec 2004 – 31 May 2006148

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
CEOSimon FrandsenCurrent
Owner (100%)SIMON HOLDING ApSCurrent
Owner (100%)Simon Frandsen
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorREVISION FYN, REGISTRERET REVISIONSANPARTSSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSIMON HOLDING ApSCurrent

The CEOs' other companies

Simon Frandsen – 5 other companies

Address history (5 moves)

Smedemestervej 7, 5600 Faaborg
Mosetoften 2, 5600 Faaborg
L. Frandsensvej 3A, 5600 Faaborg
Færgevej 4, 5600 Faaborg
c/o Simon Frandsen, Mosetoften 2, 5600 Faaborg
c/o Simon Frandsen, Mosetoften 2, 5600 Faaborg

Employees per year

Number of employees at INWAVE ApS per year482011: 220112012: 220122013: 320132014: 420142015: 420152016: 520162017: 720172018: 82018

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about INWAVE ApS

Has INWAVE ApS gone bankrupt?

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

What is the bankruptcy risk of INWAVE 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 INWAVE ApS?

Simon Frandsen is the CEO of INWAVE ApS.

Who is the auditor of INWAVE ApS?

INWAVE ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was INWAVE ApS founded?

INWAVE ApS was founded on 7 December 2004.

What is the equity of INWAVE ApS?

Equity was DKK 11.7m according to the annual report for the period ending 31 May 2025.

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