WE-LO DEVELOPMENT ApS

CVR 29410488 · Private limited company (ApS) · Active · Low risk

WE-LO DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 May 2025) shows equity of DKK 27.4m and a net result of DKK -12.4m. CEO: Carlo Rialff Steen Lorentzen, Peter Wilhelm Wewer, Jesper Steen Lorentzen.

Bankruptcy risk for WE-LO DEVELOPMENT ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
29410488
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Slotsgade 67B
3400 Hillerød
Municipality
Hillerød
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 125k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio30.8%
Current ratio60%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.4mDKK -293k
Net profitDKK -12.4mDKK -679k
EquityDKK 27.4mDKK 39.8m
Total assetsDKK 88.8mDKK 80.5m
CashDKK 143k–
Short-term debtDKK 59.4m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025179
1 Jun 2023 – 31 May 2024196 Late
1 Jun 2022 – 31 May 2023182
1 Jun 2021 – 31 May 2022150
1 Jun 2020 – 31 May 2021116
1 Jun 2019 – 31 May 2020117
1 Jun 2018 – 31 May 2019125
1 Jun 2017 – 31 May 2018123
1 Jun 2016 – 31 May 2017128
1 Jun 2015 – 31 May 2016134
1 Jun 2014 – 31 May 2015144
1 Jun 2013 – 31 May 2014151
1 Jun 2012 – 31 May 2013146
1 Jun 2011 – 31 May 2012167
1 Jun 2010 – 31 May 2011153
1 Jun 2009 – 31 May 2010160
1 Jun 2008 – 31 May 2009162
1 Jun 2007 – 31 May 2008156
1 Feb 2006 – 31 May 2007153

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
CEOCarlo Rialff Steen LorentzenCurrent
CEOPeter Wilhelm WewerCurrent
CEOJesper Steen LorentzenCurrent
CEOVictor Christoffersen
CEOFlemming Wilhelm Wewer
Owner (50%)FREDERIKSBORG GRUPPEN A/SCurrent
Owner (50%)FW HOLDING ApSCurrent
Owner (50%)EJENDOMSSELSKABET AF 20. DECEMBER 1965 ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKarl-Alfred Brylle
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Carlo Rialff Steen Lorentzen – 44 other companies

Peter Wilhelm Wewer – 23 other companies, of which 1 bankrupt

Jesper Steen Lorentzen – 25 other companies

Victor Christoffersen – 45 other companies, of which 45 bankrupt

Flemming Wilhelm Wewer – 23 other companies, of which 3 bankrupt

Address history (3 moves)

Slotsgade 67B, 3400 Hillerød
Helsingørsgade 33F, 3400 Hillerød
Frejasvej 23B, 3400 Hillerød
c/o Advokat Victor Christoffersen, Rosenborggade 3, 3., 1130 København K

Former names

WE-LO DEVELOPMENT ApS – now
VICH 8857 ApS –

Other companies at the same address

Similar companies in Hillerød

Questions and answers about WE-LO DEVELOPMENT ApS

Has WE-LO DEVELOPMENT ApS gone bankrupt?

No, WE-LO DEVELOPMENT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WE-LO DEVELOPMENT ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of WE-LO DEVELOPMENT ApS?

Carlo Rialff Steen Lorentzen, Peter Wilhelm Wewer, Jesper Steen Lorentzen are the CEOs of WE-LO DEVELOPMENT ApS.

Who is the auditor of WE-LO DEVELOPMENT ApS?

WE-LO DEVELOPMENT ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was WE-LO DEVELOPMENT ApS founded?

WE-LO DEVELOPMENT ApS was founded on 1 February 2006.

What is the equity of WE-LO DEVELOPMENT ApS?

Equity was DKK 27.4m 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.