ART ON WHEELS ApS

CVR 31419190 · Private limited company (ApS) · Active · Low risk

ART ON WHEELS ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 18 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 -4.7m and a net result of DKK -389k. CEO: Preben Møllegaard Grundtvig.

Bankruptcy risk for ART ON WHEELS ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
31419190
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Helsingørvej 4
7100 Vejle
Municipality
Vejle
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 210k
Employees
0 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-253.2%
Current ratio28%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address53
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -329kDKK -338kDKK -133k
Net profitDKK -389kDKK -445kDKK -230k
EquityDKK -4.7mDKK -4.3mDKK -3.8m
Total assetsDKK 1.8mDKK 1.0mDKK 990k
Short-term debtDKK 6.5mDKK 5.3m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023196 Late
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013153
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009210 Late
5 May 2008 – 31 Dec 2008168

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
CEOPreben Møllegaard GrundtvigCurrent
Owner (50%)PLG Invest ApSCurrent
Owner (33%)Kim Eltong JensenCurrent
AuditorJohn Laursen
AuditorEY Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPLG Invest ApSCurrent

The CEOs' other companies

Preben Møllegaard Grundtvig – 47 other companies, of which 6 bankrupt

Address history (2 moves)

Helsingørvej 4, 7100 Vejle
Helsingørvej 6, 7100 Vejle
Hjulmagervej 8E, 7100 Vejle

Former names

ART ON WHEELS ApS – now
THEBOX ApS –

Employees per year

Number of employees at ART ON WHEELS ApS per year112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in Vejle

Questions and answers about ART ON WHEELS ApS

Has ART ON WHEELS ApS gone bankrupt?

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

What is the bankruptcy risk of ART ON WHEELS ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of ART ON WHEELS ApS?

Preben Møllegaard Grundtvig is the CEO of ART ON WHEELS ApS.

Who is the auditor of ART ON WHEELS ApS?

ART ON WHEELS ApS most recently used Beierholm.

When was ART ON WHEELS ApS founded?

ART ON WHEELS ApS was founded on 5 May 2008.

What is the equity of ART ON WHEELS ApS?

Equity was DKK -4.7m 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.