WestWind Watersport ApS

CVR 30344286 · Private limited company (ApS) · Active · Low risk

WestWind Watersport ApS is a Private limited company (ApS), founded on , based in Hvide Sande. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 9.0m and a net result of DKK 1.9m. CEO: Martin Velling.

Bankruptcy risk for WestWind Watersport ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
30344286
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o CoastWork, Rødspættevej 5
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 203k
Employees
4 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio53.1%
Current ratio205%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.2mDKK 4.2m
Net profitDKK 1.9mDKK 748k
EquityDKK 9.0mDKK 7.2m
Total assetsDKK 17.0mDKK 15.8m
CashDKK 8.4m–
Short-term debtDKK 8.0m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202596
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022133
1 Jan 2021 – 31 Dec 2021106
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017101
1 Jan 2016 – 31 Dec 201695
1 Jan 2015 – 31 Dec 201597
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 201393
1 Jan 2012 – 31 Dec 201286
1 Jan 2011 – 31 Dec 2011120
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 200977
1 Jan 2008 – 31 Dec 200892
1 Mar 2007 – 31 Dec 200799

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
CEOMartin VellingCurrent
CEOJens Møller Olesen
BoardRené Lohmann Lagoni
BoardJens Astrup Madsen
BoardMartin Velling
BoardJens Møller Olesen
BoardMartin Velling
Owner (100%)Westwind Surf Holding ApSCurrent
Owner (67%)Jens Møller Olesen
Owner (33%)BORK HAVN INVEST 2010 ApS
Owner (67%)JM Holding 2015 ApS
Owner (25%)BORK HAVN INVEST 2010 ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorJytte Jespersen
FounderJens Møller OlesenCurrent
FounderWEST WIND. HVIDE SANDE NORD ApSCurrent
FounderBORK HAVN INVEST 2010 ApSCurrent

The CEOs' other companies

Martin Velling – 10 other companies

Jens Møller Olesen – 5 other companies

Address history (6 moves)

c/o CoastWork, Rødspættevej 5, 6960 Hvide Sande
Klitvej 6, 6960 Hvide Sande
Gytjevej 15, 6960 Hvide Sande
Klitvej 6, 6960 Hvide Sande
Fyrvej 6, 6960 Hvide Sande
Søndergade 19, 6960 Hvide Sande
Strandgade 7, 1., 6960 Hvide Sande

Former names

WestWind Watersport ApS – now
WESTWIND NORD AF 2007 ApS –

Employees per year

Number of employees at WestWind Watersport ApS per year242011: 320112012: 220122013: 320132014: 120142015: 120152016: 220162017: 220172018: 42018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about WestWind Watersport ApS

Has WestWind Watersport ApS gone bankrupt?

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

What is the bankruptcy risk of WestWind Watersport ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of WestWind Watersport ApS?

Martin Velling is the CEO of WestWind Watersport ApS.

Who is the auditor of WestWind Watersport ApS?

WestWind Watersport ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was WestWind Watersport ApS founded?

WestWind Watersport ApS was founded on 1 March 2007.

What is the equity of WestWind Watersport ApS?

Equity was DKK 9.0m 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.