WEST-COAST REAL ESTATE A/S

CVR 32650244 · Public limited company (A/S) · Active · Low risk

WEST-COAST REAL ESTATE A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 55.4m and a net result of DKK 1.1m. CEO: Jesper Kristensen.

Bankruptcy risk for WEST-COAST REAL ESTATE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
32650244
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Reesens Vej 2
6800 Varde
Municipality
Varde
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40.0m
Employees
0 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio96.8%
Current ratio257%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address59
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.2mDKK -1.2m
Net profitDKK 1.1mDKK 1.1m
EquityDKK 55.4mDKK 54.3m
Total assetsDKK 57.3mDKK 54.9m
CashDKK 4.0m–
Short-term debtDKK 1.8m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025125
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 202181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014140
1 Jan 2013 – 31 Dec 2013133
1 Jan 2012 – 31 Dec 2012136
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010150
30 Nov 2009 – 31 Dec 2009151

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
CEOJesper KristensenCurrent
BoardErik KristensenCurrent
BoardPeter Kirk LarsenCurrent
BoardLars Henrik KruseCurrent
BoardAllan Volf LorentsenCurrent
BoardRené LyngeCurrent
BoardErik Bank Lauridsen
BoardPer Borup Jensen
BoardHenning Georg Kruse
Owner (25%)PROPERTY KBH ApSCurrent
Owner (25%)E. BANK LAURIDSEN HOLDING A/SCurrent
Owner (25%)IN-Vest A/SCurrent
Owner (25%)HOFFMANN ESBJERG HOLDING A/SCurrent
Owner (25%)HOFFMANN PROPERTY A/S
Owner (25%)HENNING G. KRUSE HOLDING A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderPROPERTY KBH ApSCurrent
FounderE. BANK LAURIDSEN HOLDING A/SCurrent
FounderHOFFMANN PROPERTY A/SCurrent
FounderHENNING G. KRUSE HOLDING A/SCurrent

The CEOs' other companies

Jesper Kristensen – 43 other companies

Address history (0 moves)

Reesens Vej 2, 6800 Varde

Employees per year

Number of employees at WEST-COAST REAL ESTATE A/S per year112012: 020122013: 020132014: 020142015: 020152016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in Varde

Questions and answers about WEST-COAST REAL ESTATE A/S

Has WEST-COAST REAL ESTATE A/S gone bankrupt?

No, WEST-COAST REAL ESTATE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WEST-COAST REAL ESTATE A/S?

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 WEST-COAST REAL ESTATE A/S?

Jesper Kristensen is the CEO of WEST-COAST REAL ESTATE A/S.

Who is the auditor of WEST-COAST REAL ESTATE A/S?

WEST-COAST REAL ESTATE A/S most recently used EY Godkendt Revisionspartnerselskab.

When was WEST-COAST REAL ESTATE A/S founded?

WEST-COAST REAL ESTATE A/S was founded on 30 November 2009.

What is the equity of WEST-COAST REAL ESTATE A/S?

Equity was DKK 55.4m 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.