X - SOL DANMARK ApS

CVR 34490775 · Private limited company (ApS) · Active · Low risk

X - SOL DANMARK ApS is a Private limited company (ApS), founded on , based in Græsted. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 379k and a net result of DKK -47k. CEO: Michael Vinggaard Withander.

Bankruptcy risk for X - SOL DANMARK ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
34490775
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Michael Withander, Saltrup Vænge 11
3230 Græsted
Municipality
Gribskov
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 1.2mDKK 3.1m
Gross profitDKK 104kDKK 258kDKK 328k
Net profitDKK -47kDKK 42kDKK -44k
EquityDKK 379kDKK 427kDKK 384k
Total assetsDKK 379kDKK 427kDKK 940k
CashDKK 161kDKK 199k–

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 2025175
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018160
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015156
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013182
9 May 2012 – 31 Dec 2012169

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
CEOMichael Vinggaard WithanderCurrent
Owner (100%)MHW HOLDING ApSCurrent
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
AuditorKompas Revision, Registrerede Revisorer ApS
AuditorPreben Rasmussen ApS
FounderMHW HOLDING ApSCurrent

The CEOs' other companies

Michael Vinggaard Withander – 3 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Michael Withander, Saltrup Vænge 11, 3230 Græsted
Hjortevænget 34, 3450 Allerød
Gydevang 39, 3450 Allerød
Hjortevænget 34, 3450 Allerød

Other companies at the same address

Similar companies in Gribskov

Questions and answers about X - SOL DANMARK ApS

Has X - SOL DANMARK ApS gone bankrupt?

No, X - SOL DANMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of X - SOL DANMARK ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of X - SOL DANMARK ApS?

Michael Vinggaard Withander is the CEO of X - SOL DANMARK ApS.

When was X - SOL DANMARK ApS founded?

X - SOL DANMARK ApS was founded on 9 May 2012.

What is the equity of X - SOL DANMARK ApS?

Equity was DKK 379k 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.