LIFEWERK ApS

CVR 29918945 · Private limited company (ApS) · Active · Low risk

LIFEWERK ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 19 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -603k and a net result of DKK -139k. CEO: Bjarne Gedsted Hansen.

Bankruptcy risk for LIFEWERK ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29918945
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Mellemvej 18
8800 Viborg
Municipality
Viborg
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-1,358.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -59kDKK -53kDKK -63k
Net profitDKK -139kDKK -40kDKK 48k
EquityDKK -603kDKK -464kDKK -425k
Total assetsDKK 44kDKK 122kDKK 260k
CashDKK 582DKK 538–
Short-term debtDKK 648kDKK 586k–
Tax owed–DKK 0–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011138
1 Jan 2010 – 31 Dec 2010138
1 Jan 2009 – 31 Dec 2009125
1 Jan 2008 – 31 Dec 2008173
21 Sep 2006 – 31 Dec 2007188 Late

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
CEOBjarne Gedsted HansenCurrent
Owner (100%)Bjarne Gedsted HansenCurrent
Owner (100%)Bjarne Gedsted Hansen
AuditorUllits & Winther Statsautoriserederevisorer I/S
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBjarne Gedsted HansenCurrent

The CEOs' other companies

Bjarne Gedsted Hansen – 5 other companies, of which 2 bankrupt

Address history (0 moves)

Mellemvej 18, 8800 Viborg

Former names

LIFEWERK ApS – now
LIFEWERK HOLDING ApS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about LIFEWERK ApS

Has LIFEWERK ApS gone bankrupt?

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

What is the bankruptcy risk of LIFEWERK ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of LIFEWERK ApS?

Bjarne Gedsted Hansen is the CEO of LIFEWERK ApS.

Who is the auditor of LIFEWERK ApS?

LIFEWERK ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was LIFEWERK ApS founded?

LIFEWERK ApS was founded on 21 September 2006.

What is the equity of LIFEWERK ApS?

Equity was DKK -603k 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.