WICO TIMBER ApS

CVR 31472733 · Private limited company (ApS) · Active · Low risk

WICO TIMBER ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 324k and a net result of DKK -52k.

Bankruptcy risk for WICO TIMBER ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
31472733
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Viggo Borgen-Schmidt, Randersgade 29, 1. th
2100 København Ø
Municipality
København
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 375k
Employees
0 (2018)
Auditor
Statsautoriseret Revisor Aksel Christensen
Audit opted out
No

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio44.7%
Current ratio180%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 2.3mDKK 2.5m
Gross profitDKK 87kDKK 200k
Net profitDKK -52kDKK 22k
EquityDKK 324kDKK 128k
Total assetsDKK 725kDKK 963k
CashDKK 105k–
Short-term debtDKK 401k–
Tax owedDKK 1,000–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025181
1 Oct 2023 – 30 Sep 202468
1 Oct 2022 – 30 Sep 2023138
1 Oct 2021 – 30 Sep 202289
1 Oct 2020 – 30 Sep 2021125
1 Oct 2019 – 30 Sep 2020151
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018148
1 Oct 2016 – 30 Sep 2017152
1 Oct 2015 – 30 Sep 2016143
1 Oct 2014 – 30 Sep 2015149
1 Oct 2013 – 30 Sep 2014155
1 Oct 2012 – 30 Sep 2013150
1 Oct 2011 – 30 Sep 2012142
1 Oct 2010 – 30 Sep 2011149
1 Oct 2009 – 30 Sep 2010150
1 Oct 2008 – 30 Sep 2009134
27 May 2008 – 30 Sep 2008182

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
Owner (100%)Viggo Borgen-SchmidtCurrent
AuditorStatsautoriseret Revisor Aksel ChristensenCurrent
AuditorREVISIONSFIRMAET LIS AAS
FounderViggo Borgen-SchmidtCurrent

Address history (0 moves)

c/o Viggo Borgen-Schmidt, Randersgade 29, 1. th, 2100 København Ø

Employees per year

Number of employees at WICO TIMBER ApS per year112011: 020112012: 020122013: 120132014: 120142015: 120152016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about WICO TIMBER ApS

Has WICO TIMBER ApS gone bankrupt?

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

What is the bankruptcy risk of WICO TIMBER ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of WICO TIMBER ApS?

WICO TIMBER ApS most recently used Statsautoriseret Revisor Aksel Christensen.

When was WICO TIMBER ApS founded?

WICO TIMBER ApS was founded on 27 May 2008.

What is the equity of WICO TIMBER ApS?

Equity was DKK 324k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.