X-PRODUCTS ApS

CVR 28330375 · Private limited company (ApS) · Active · High risk

X-PRODUCTS ApS is a Private limited company (ApS), founded on , based in Kruså. The company is registered in the industry detailhandel med baby- og børnetøj. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -31k and a net result of DKK -18k. CEO: Aksel Damm.

Bankruptcy risk for X-PRODUCTS ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
28330375
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Molevej 17A
6340 Kruså
Municipality
Aabenraa
Industry
Detailhandel med baby- og børnetøj (477120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
1 (2017)
Auditor
Revisionscentret Padborg
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityYes
Equity ratio-5,326.9%
Current ratio2%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies7
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -17kDKK -16kDKK -14k
Net profitDKK -18kDKK -17kDKK -16k
EquityDKK -31kDKK -13kDKK 4,686
Total assetsDKK 580DKK 136kDKK 108k
CashDKK 580DKK 3,252–
Short-term debtDKK 31kDKK 149k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019226 Late
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014167
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006165

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
CEOAksel DammCurrent
CEOSteen Hjorth Wrang
Owner (100%)Aksel DammCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorREVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB

The CEOs' other companies

Aksel Damm – 50 other companies, of which 28 bankrupt

Steen Hjorth Wrang – 12 other companies, of which 4 bankrupt

Address history (7 moves)

Molevej 17A, 6340 Kruså
Molevej 17A, 6340 Kruså
Jyllandsgade 20, 9000 Aalborg
Nørregade 62, 6330 Padborg
Molevej 17D, 6340 Kruså
Molevej 17D, 6340 Kruså
Skovvej 19, 6340 Kruså
Nørregade 62, 6330 Padborg

Former names

X-PRODUCTS ApS – now
TRADE ESTATE ApS –
X-PRODUCTS ApS –
PSW-HOLDING ApS –

Employees per year

Number of employees at X-PRODUCTS ApS per year122011: 220112012: 020122016: 020162017: 12017

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about X-PRODUCTS ApS

Has X-PRODUCTS ApS gone bankrupt?

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

What is the bankruptcy risk of X-PRODUCTS ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of X-PRODUCTS ApS?

Aksel Damm is the CEO of X-PRODUCTS ApS.

Who is the auditor of X-PRODUCTS ApS?

X-PRODUCTS ApS most recently used Revisionscentret Padborg.

When was X-PRODUCTS ApS founded?

X-PRODUCTS ApS was founded on 20 January 2005.

What is the equity of X-PRODUCTS ApS?

Equity was DKK -31k 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.