MADSW HOLDING ApS
CVR 33056699 · Private limited company (ApS) · Active · Low risk
MADSW HOLDING ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 16 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.2m and a net result of DKK 17k. CEO: Mads Lykke Westen.
Bankruptcy risk for MADSW HOLDING ApS
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
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
- 33056699
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (16 years)
- Address
- c/o Mads Westen, Rømøvænget 9
5500 Middelfart - Municipality
- Middelfart
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 125k
- Auditor
- SØNDERUP & PARTNERE A/S REGISTREREDE REVISORER
- Audit opted out
- No
Warning signs
| Annual reports filed late | 5 of 16 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 93.5% |
| Current ratio | 184% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -5,700 | DKK -5,000 | DKK -5,800 |
| Net profit | DKK 17k | DKK 19k | DKK 17k |
| Equity | DKK 3.2m | DKK 3.2m | DKK 3.2m |
| Total assets | DKK 3.4m | DKK 3.4m | DKK 3.3m |
| Cash | DKK 131 | DKK 49 | – |
| Short-term debt | DKK 221k | DKK 209k | – |
| Tax owed | DKK 0 | DKK 15k | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Sønderup & Partnere A/S Registrerede revisorer FSR.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 164 | ||
| 1 Jan 2024 – 31 Dec 2024 | 178 | ||
| 1 Jan 2023 – 31 Dec 2023 | 184 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 188 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 186 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 182 | ||
| 1 Jan 2019 – 31 Dec 2019 | 225 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 170 | ||
| 1 Jan 2017 – 31 Dec 2017 | 151 | ||
| 1 Jan 2016 – 31 Dec 2016 | 158 | ||
| 1 Jan 2015 – 31 Dec 2015 | 193 | Late | |
| 1 Jan 2014 – 31 Dec 2014 | 177 | ||
| 1 Jan 2013 – 31 Dec 2013 | 168 | ||
| 1 Jan 2012 – 31 Dec 2012 | 159 | ||
| 1 Jan 2011 – 31 Dec 2011 | 145 | ||
| 5 Jul 2010 – 31 Dec 2010 | 155 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Lykke Westen | Current | |
| Owner (100%) | Mads Lykke Westen | Current | |
| Owner (100%) | Mads Lykke Westen | ||
| Auditor | SØNDERUP & PARTNERE A/S REGISTREREDE REVISORER | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Mads Lykke Westen | Current |
The CEOs' other companies
Mads Lykke Westen – 7 other companies
- Dynamic Network A/S Active
- ERPgruppen ApS Active
- ERPmedinvest ApS Active
- ERPpartnerinvest ApS Opløst
- ERPsolutions365 A/S Active
- ERPsupporten A/S Active
- FRMA HOLDING ApS Active
Address history (1 moves)
| c/o Mads Westen, Rømøvænget 9, 5500 Middelfart | |
| c/o Mads Westen, Kongsgårdsvej 7A, 8260 Viby J |
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Questions and answers about MADSW HOLDING ApS
Has MADSW HOLDING ApS gone bankrupt?
No, MADSW HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MADSW HOLDING ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of MADSW HOLDING ApS?
Mads Lykke Westen is the CEO of MADSW HOLDING ApS.
Who is the auditor of MADSW HOLDING ApS?
MADSW HOLDING ApS most recently used SØNDERUP & PARTNERE A/S REGISTREREDE REVISORER.
When was MADSW HOLDING ApS founded?
MADSW HOLDING ApS was founded on 5 July 2010.
What is the equity of MADSW HOLDING ApS?
Equity was DKK 3.2m 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.