MOREWOOD MØBELSNEDKERI ApS

CVR 35382496 · Private limited company (ApS) · Active · Low risk

MOREWOOD MØBELSNEDKERI ApS is a Private limited company (ApS), founded on , based in Aarhus V. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.0m and a net result of DKK 1.3m. CEO: Till Olesen.

Bankruptcy risk for MOREWOOD MØBELSNEDKERI ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
35382496
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Oktobervej 47
8210 Aarhus V
Municipality
Aarhus
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 80k
Employees
4 (2018)
Auditor
Revision 2 A/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio59.1%
Current ratio315%
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 year20252024
Gross profitDKK 2.9mDKK 1.6m
Net profitDKK 1.3mDKK 77k
EquityDKK 2.0mDKK 761k
Total assetsDKK 3.5mDKK 1.4m
CashDKK 551k–
Short-term debtDKK 1.1m–
Tax owedDKK 30k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision 2 A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025113
1 Jul 2023 – 30 Jun 202495
1 Jul 2022 – 30 Jun 202391
1 Jul 2021 – 30 Jun 2022193 Late
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019150
1 Jul 2017 – 30 Jun 2018174
1 Jul 2016 – 30 Jun 2017188 Late Restated
1 Jul 2015 – 30 Jun 2016161
1 Jul 2014 – 30 Jun 2015147
21 Jun 2013 – 30 Jun 2014170

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
CEOTill OlesenCurrent
Owner (100%)MOREWOOD HOLDING ApSCurrent
AuditorREVISION 2 A/S
FounderMOREWOOD HOLDING ApSCurrent

The CEOs' other companies

Till Olesen – 2 other companies

Address history (2 moves)

Oktobervej 47, 8210 Aarhus V
Oktobervej 47, 8210 Aarhus V
Arresøvej 9B, 8240 Risskov

Employees per year

Number of employees at MOREWOOD MØBELSNEDKERI ApS per year242013: 020132014: 220142015: 220152016: 020162017: 320172018: 42018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MOREWOOD MØBELSNEDKERI ApS

Has MOREWOOD MØBELSNEDKERI ApS gone bankrupt?

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

What is the bankruptcy risk of MOREWOOD MØBELSNEDKERI ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MOREWOOD MØBELSNEDKERI ApS?

Till Olesen is the CEO of MOREWOOD MØBELSNEDKERI ApS.

Who is the auditor of MOREWOOD MØBELSNEDKERI ApS?

MOREWOOD MØBELSNEDKERI ApS most recently used Revision 2 A/S.

When was MOREWOOD MØBELSNEDKERI ApS founded?

MOREWOOD MØBELSNEDKERI ApS was founded on 21 June 2013.

What is the equity of MOREWOOD MØBELSNEDKERI ApS?

Equity was DKK 2.0m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.