CW Properties A/S

CVR 30083237 · Public limited company (A/S) · Active · Low risk

CW Properties A/S is a Public limited company (A/S), founded on , based in Skagen. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 19 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 251k and a net result of DKK 214k. CEO: Mads Larsson.

Bankruptcy risk for CW Properties A/S

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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 resigned in the last yearYes · 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
30083237
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
c/o Mads Larsson, Kuttervej 15
9990 Skagen
Municipality
Frederikshavn
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
3 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 19
Missing annual reportNo
Negative equityNo
Equity ratio22.6%
Current ratio135%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 2.1mDKK 715k
Net profitDKK 214kDKK -381kDKK -171k
EquityDKK 251kDKK 37kDKK 418k
Total assetsDKK 1.1mDKK 1.2mDKK 1.6m
CashDKK 157kDKK 9,783–
Short-term debtDKK 810kDKK 936k–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021132
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013176
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009118
1 Jan 2008 – 31 Dec 200855
4 Dec 2006 – 31 Dec 200771

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
CEOMads LarssonCurrent
CEOEdvin Norman Jensen
BoardMike Birkebo AndersenCurrent
BoardRasmus Høj LarsenCurrent
BoardMads LarssonCurrent
BoardRenè Breyen-MikkelsenCurrent
BoardJohn Hesberg
BoardDorte Behncke Jensen
BoardCharlotte Hesberg
BoardEdvin Norman Jensen
BoardMartin Bay Nordtorp
Owner (100%)Calm Waters ApSCurrent
Owner (50%)EDVIN NORMAND JENSEN HOLDING ApS
Owner (50%)JOHN HESBERG HOLDING ApS
Owner (100%)L&N Supply Ships ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderEDVIN NORMAND JENSEN HOLDING ApSCurrent
FounderJOHN HESBERG HOLDING ApSCurrent

The CEOs' other companies

Mads Larsson – 9 other companies

Edvin Norman Jensen – 1 other companies

Address history (2 moves)

c/o Mads Larsson, Kuttervej 15, 9990 Skagen
Auktionsvej 10, 9990 Skagen
Auktionsvej 10, 9990 Skagen

Former names

CW Properties A/S – now
SKAGEN FISKEAUKTION A/S –

Employees per year

Number of employees at CW Properties A/S per year232011: 320112012: 320122013: 220132014: 320142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about CW Properties A/S

Has CW Properties A/S gone bankrupt?

No, CW Properties A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CW Properties A/S?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of CW Properties A/S?

Mads Larsson is the CEO of CW Properties A/S.

Who is the auditor of CW Properties A/S?

CW Properties A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was CW Properties A/S founded?

CW Properties A/S was founded on 4 December 2006.

What is the equity of CW Properties A/S?

Equity was DKK 251k 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.