WENDEL ApS

CVR 31482402 · Private limited company (ApS) · Active · Low risk

WENDEL ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 23k. CEO: Ruth Madsen.

Bankruptcy risk for WENDEL ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
31482402
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Ruth Madsen, Turkisvej 37
8700 Horsens
Municipality
Horsens
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
0 (2009)
Auditor
Revisionskontoret i Horsens
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio98.3%
Current ratio197%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -14k–
Net profitDKK 23k–
EquityDKK 1.3m–
Total assetsDKK 1.4m–
CashDKK 6,847–
Short-term debtDKK 23k–
Tax owedDKK 0–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202572
1 Jan 2024 – 31 Dec 202480
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 202181
1 Jan 2020 – 31 Dec 202068
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016114
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012141
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009167
6 Jun 2008 – 31 Dec 2008105

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
CEORuth MadsenCurrent
CEOErhardt Wendel Madsen
Owner (100%)Ruth MadsenCurrent
Owner (100%)Erhardt Wendel Madsen
AuditorRevisionskontoret i Horsens ApS
FounderErhardt Wendel MadsenCurrent

Address history (3 moves)

c/o Ruth Madsen, Turkisvej 37, 8700 Horsens
Turkisvej 37, 8700 Horsens
Spedalsø 72, 8700 Horsens
Spedalsø 42, 8700 Horsens

Former names

WENDEL ApS – now
OSCAR MADSEN AUTOOPRETNING ApS –

Employees per year

Number of employees at WENDEL ApS per year122008: 220082009: 02009

Similar companies in Horsens

Questions and answers about WENDEL ApS

Has WENDEL ApS gone bankrupt?

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

What is the bankruptcy risk of WENDEL 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 WENDEL ApS?

Ruth Madsen is the CEO of WENDEL ApS.

Who is the auditor of WENDEL ApS?

WENDEL ApS most recently used Revisionskontoret i Horsens.

When was WENDEL ApS founded?

WENDEL ApS was founded on 6 June 2008.

What is the equity of WENDEL ApS?

Equity was DKK 1.3m 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.