1STWAVE ApS

CVR 33353294 · Private limited company (ApS) · Active · Low risk

1STWAVE ApS is a Private limited company (ApS), founded on , based in Fårevejle. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 79k and a net result of DKK -3,862. CEO: Morten Olesen.

Bankruptcy risk for 1STWAVE ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
33353294
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Morten Olesen, Hyldvej 1A
4540 Fårevejle
Municipality
Odsherred
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio33.2%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 52kDKK 52kDKK 52k
Gross profitDKK 7,173DKK 20kDKK 20k
Net profitDKK -3,862DKK 8,634DKK 9,301
EquityDKK 79kDKK 89kDKK 89k
Total assetsDKK 238kDKK 253kDKK 259k
CashDKK 8,166DKK 18k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025134
1 Jan 2024 – 31 Dec 2024149
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 202143
1 Jan 2020 – 31 Dec 202079
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018109
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015150
1 Jan 2014 – 31 Dec 2014150
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012149
18 Nov 2010 – 31 Dec 2011105

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
CEOMorten OlesenCurrent
BoardMorten OlesenCurrent
BoardHenrik NakskovCurrent
Owner (50%)Morten OlesenCurrent
Owner (50%)Henrik NakskovCurrent
AuditorPryds Statsautoriseret Revisionsfirma
FounderMorten OlesenCurrent

The CEOs' other companies

Morten Olesen – 6 other companies

Address history (1 moves)

c/o Morten Olesen, Hyldvej 1A, 4540 Fårevejle
c/o Morten Olesen, Søndergårds Allé 17, 2. tv, 2760 Måløv

Other companies at the same address

Similar companies in Odsherred

Questions and answers about 1STWAVE ApS

Has 1STWAVE ApS gone bankrupt?

No, 1STWAVE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 1STWAVE ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of 1STWAVE ApS?

Morten Olesen is the CEO of 1STWAVE ApS.

When was 1STWAVE ApS founded?

1STWAVE ApS was founded on 18 November 2010.

What is the equity of 1STWAVE ApS?

Equity was DKK 79k 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.