Packway ApS

CVR 35210660 · Private limited company (ApS) · Active · Low risk

Packway ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry agenturhandel med ikke-specialiseret varesortiment. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK 1.2m. CEO: Morten Vedel Toft Steinlein.

Bankruptcy risk for Packway ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · 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
35210660
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Lyngby Hovedgade 17, 2. tv
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Agenturhandel med ikke-specialiseret varesortiment (461900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio62.2%
Current ratio260%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 1.8mDKK 1.3m
Net profitDKK 1.2mDKK 1.2mDKK 1.0m
EquityDKK 1.4mDKK 1.4mDKK 1.2m
Total assetsDKK 2.2mDKK 2.9mDKK 2.1m
CashDKK 1.8mDKK 2.5m–
Short-term debtDKK 822kDKK 1.5m–
Tax owedDKK 161kDKK 336k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 202188
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 201936
1 Jan 2018 – 31 Dec 2018116
1 Jan 2017 – 31 Dec 2017103
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015112
1 Jan 2014 – 31 Dec 2014118
26 Mar 2013 – 31 Dec 2013141

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 Vedel Toft SteinleinCurrent
Owner (100%)Cowin Svenska ABCurrent
Owner (100%)PEAR HOLDING ApS
AuditorBHA STATSAUTORISERET REVISION APS
FounderPEAR HOLDING ApSCurrent

The CEOs' other companies

Morten Vedel Toft Steinlein – 5 other companies

Address history (5 moves)

Lyngby Hovedgade 17, 2. tv, 2800 Kongens Lyngby
Lyngby Hovedgade 37, 2800 Kongens Lyngby
Lyngby Hovedgade 10C, 2800 Kongens Lyngby
Jernbanevej 1, 1., 2800 Kgs. Lyngby
Peter Rørdams Vej 35, 2800 Kgs. Lyngby
Nordvej 4, 4200 Slagelse

Former names

Packway ApS – now
CASCOO SCANDINAVIA ApS –

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Packway ApS

Has Packway ApS gone bankrupt?

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

What is the bankruptcy risk of Packway ApS?

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 Packway ApS?

Morten Vedel Toft Steinlein is the CEO of Packway ApS.

Who is the auditor of Packway ApS?

Packway ApS most recently used Beierholm.

When was Packway ApS founded?

Packway ApS was founded on 26 March 2013.

What is the equity of Packway ApS?

Equity was DKK 1.4m 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.