WPS INNOVATION ApS

CVR 35864288 · Private limited company (ApS) · Active · High risk

WPS INNOVATION ApS is a Private limited company (ApS), founded on , based in Ejby. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 12 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 82k and a net result of DKK 424k. CEO: Jim Søgaard.

Bankruptcy risk for WPS INNOVATION ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
35864288
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Kingstrupvej 46
5592 Ejby
Municipality
Middelfart
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityNo
Equity ratio10.5%
Current ratio93%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 586kDKK -15kDKK -5,296
Net profitDKK 424kDKK -20kDKK -27k
EquityDKK 82kDKK -342kDKK -322k
Total assetsDKK 777kDKK 210kDKK 236k
CashDKK 160kDKK 83k–
Short-term debtDKK 693kDKK 553k–
Tax owedDKK 118k––
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018115
1 Jan 2017 – 31 Dec 2017123
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015172
28 May 2014 – 31 Dec 2014161

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
CEOJim SøgaardCurrent
Owner (100%)JIM SØGAARD HOLDING ApSCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
FounderJIM SØGAARD HOLDING ApSCurrent

The CEOs' other companies

Jim Søgaard – 10 other companies, of which 2 bankrupt

Address history (2 moves)

Kingstrupvej 46, 5592 Ejby
Haugevej 203C, 5270 Odense N
Rugårdsvej 299, 5210 Odense NV

Former names

WPS INNOVATION ApS – now
SUPERIORE-WINE ApS –

Other companies at the same address

Similar companies in Middelfart

Questions and answers about WPS INNOVATION ApS

Has WPS INNOVATION ApS gone bankrupt?

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

What is the bankruptcy risk of WPS INNOVATION ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of WPS INNOVATION ApS?

Jim Søgaard is the CEO of WPS INNOVATION ApS.

When was WPS INNOVATION ApS founded?

WPS INNOVATION ApS was founded on 28 May 2014.

What is the equity of WPS INNOVATION ApS?

Equity was DKK 82k 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.