WETOUCH ApS

CVR 29141207 · Private limited company (ApS) · Active · Low risk

WETOUCH ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 945k and a net result of DKK 452k. CEO: Michall Victor Cadovius.

Bankruptcy risk for WETOUCH ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
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×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
29141207
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Uraniavej 2, 1.
1878 Frederiksberg C
Municipality
Frederiksberg
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 125k
Employees
8 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio47.2%
Current ratio169%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.6mDKK 1.9mDKK 4.1m
Net profitDKK 452kDKK -1.1mDKK 544k
EquityDKK 945kDKK 493kDKK 1.5m
Total assetsDKK 2.0mDKK 1.5mDKK 4.2m
CashDKK 387kDKK 373k–
Short-term debtDKK 1.1mDKK 976k–
Tax owed–DKK 0–
Avg. employees67–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025171
1 Oct 2023 – 30 Sep 2024176
1 Oct 2022 – 30 Sep 2023170
1 Oct 2021 – 30 Sep 202274
1 Oct 2020 – 30 Sep 2021154
1 Oct 2019 – 30 Sep 2020120
1 Oct 2018 – 30 Sep 2019122
1 Oct 2017 – 30 Sep 2018101
1 Oct 2016 – 30 Sep 2017130
1 Oct 2015 – 30 Sep 2016101
1 Oct 2014 – 30 Sep 2015138
1 Oct 2013 – 30 Sep 2014111
1 Oct 2012 – 30 Sep 201372
1 Oct 2011 – 30 Sep 2012120
1 Oct 2010 – 30 Sep 201194
1 Oct 2009 – 30 Sep 2010143
1 Oct 2008 – 30 Sep 2009120
1 Oct 2007 – 30 Sep 2008153
1 Oct 2006 – 30 Sep 2007140
13 Oct 2005 – 30 Sep 2006152

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
CEOMichall Victor CadoviusCurrent
CEOSteen Evald Bundgaard
Owner (100%)FORNAHÄSSLE ApSCurrent
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/S
FounderMichall Victor CadoviusCurrent
FounderSteen Evald BundgaardCurrent

The CEOs' other companies

Michall Victor Cadovius – 1 other companies

Steen Evald Bundgaard – 3 other companies

Address history (3 moves)

Uraniavej 2, 1., 1878 Frederiksberg C
Gammel Kongevej 131B bh, 1850 Frederiksberg C
Vermundsgade 40A, st., 2100 København Ø
Vermundsgade 40B, 2100 København Ø

Former names

WETOUCH ApS – now
PHOTOHOLISTIC ApS –
PHOTOHOLISTICS ApS –

Employees per year

Number of employees at WETOUCH ApS per year6112011: 720112012: 820122013: 1020132014: 1120142015: 920152016: 920162017: 1020172018: 82018

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about WETOUCH ApS

Has WETOUCH ApS gone bankrupt?

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

What is the bankruptcy risk of WETOUCH ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of WETOUCH ApS?

Michall Victor Cadovius is the CEO of WETOUCH ApS.

Who is the auditor of WETOUCH ApS?

WETOUCH ApS most recently used Beierholm.

When was WETOUCH ApS founded?

WETOUCH ApS was founded on 13 October 2005.

What is the equity of WETOUCH ApS?

Equity was DKK 945k according to the annual report for the period ending 30 September 2025.

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