HWF DENMARK ApS

CVR 32478107 · Private limited company (ApS) · Active · Low risk

HWF DENMARK ApS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry lufttransport af gods. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 16 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 957k and a net result of DKK 593k. CEO: Nicolaj Frank Mariegaard.

Bankruptcy risk for HWF DENMARK 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

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
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
32478107
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
A.P. Møllers Allé 43B
2791 Dragør
Municipality
Dragør
Industry
Lufttransport af gods (512100)
Bankruptcies in the industry: Anden engroshandel
Share capital
DKK 125k
Employees
7 (2018)
Auditor
Kreston CM Statsautoriseret Revisions interessentskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 16
Missing annual reportNo
Negative equityNo
Equity ratio4.1%
Current ratio103%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address55
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 3.9mDKK 4.4m
Net profitDKK 593kDKK 150kDKK 68k
EquityDKK 957kDKK 366kDKK 216k
Total assetsDKK 23.2mDKK 11.3mDKK 11.9m
CashDKK 8.2mDKK 2.3m–
Short-term debtDKK 22.2mDKK 10.9m–
Avg. employees87–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Kreston CMStatsautoriseret Revisionsinterressentskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025216 Late
1 Jan 2024 – 31 Dec 2024204 Late
1 Jan 2023 – 31 Dec 2023218 Late
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021200 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019250 Late
1 Jan 2018 – 31 Dec 2018175
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013161
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011162
7 Oct 2009 – 31 Dec 2010159

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
CEONicolaj Frank MariegaardCurrent
BoardNicolaj Frank MariegaardCurrent
BoardJerome MartinCurrent
BoardAdrien THOMINETCurrent
BoardBertrand Olivier Jules Schmoll
Owner (67%)EUROPEAN CARGO SERVICECurrent
Owner (25%)HEAVYWEIGHT SWEDEN ABCurrent
Owner (5%)POWERHOUSE HOLDING ApS
AuditorKreston CM Statsautoriseret Revisions interessentskabCurrent
AuditorRingstedvej 71 ApS
AuditorAquila Statsautoriseret Revisionsinteressentskab
FounderPOWERHOUSE HOLDING ApSCurrent
FounderHEAVYWEIGHT SWEDEN ABCurrent

The CEOs' other companies

Nicolaj Frank Mariegaard – 4 other companies

Address history (3 moves)

A.P. Møllers Allé 43B, 2791 Dragør
Kystvejen 14, 2770 Kastrup
Kystvejen 14, 1. th, 2770 Kastrup
Kirstinehøj 17, 2770 Kastrup

Employees per year

Number of employees at HWF DENMARK ApS per year592011: 320112012: 420122013: 720132014: 820142015: 820152016: 920162017: 820172018: 72018

Other companies at the same address

Questions and answers about HWF DENMARK ApS

Has HWF DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of HWF DENMARK 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 HWF DENMARK ApS?

Nicolaj Frank Mariegaard is the CEO of HWF DENMARK ApS.

Who is the auditor of HWF DENMARK ApS?

HWF DENMARK ApS most recently used Kreston CM Statsautoriseret Revisions interessentskab.

When was HWF DENMARK ApS founded?

HWF DENMARK ApS was founded on 7 October 2009.

What is the equity of HWF DENMARK ApS?

Equity was DKK 957k 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.