HeartWood ApS

CVR 37068160 · Private limited company (ApS) · Active · Medium risk

HeartWood ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK 155k and a net result of DKK -13k. CEO: Martin Ravn Lentfer Petersen.

Bankruptcy risk for HeartWood ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · 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
37068160
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Fjordvej 129
6000 Kolding
Municipality
Kolding
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 250k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio36.9%
Current ratio–
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -6,275DKK 7,425
Net profitDKK -13kDKK 7,449
EquityDKK 155kDKK 168k
Total assetsDKK 421kDKK 299k
Short-term debtDKK 266k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 202689
1 Mar 2024 – 28 Feb 2025181
1 Mar 2023 – 28 Feb 2024156
1 Mar 2022 – 28 Feb 2023167
1 Mar 2021 – 28 Feb 2022121
1 Mar 2020 – 28 Feb 2021150
1 Mar 2019 – 28 Feb 2020189 Late
1 Mar 2018 – 28 Feb 2019125
1 Mar 2017 – 28 Feb 2018124
6 Sep 2015 – 28 Feb 2017163

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
CEOMartin Ravn Lentfer PetersenCurrent
Owner (100%)Martin Ravn Lentfer PetersenCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMartin Ravn Lentfer PetersenCurrent

The CEOs' other companies

Martin Ravn Lentfer Petersen – 13 other companies

Address history (4 moves)

Fjordvej 129, 6000 Kolding
Ved Bølgen 1, 6. th, 7100 Vejle
H.P.Hanssens Vej 18, 6400 Sønderborg
Ringridervej 18, st., 6400 Sønderborg
Strandvej 23, 1., 6400 Sønderborg

Other companies at the same address

Similar companies in Kolding

Questions and answers about HeartWood ApS

Has HeartWood ApS gone bankrupt?

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

What is the bankruptcy risk of HeartWood ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of HeartWood ApS?

Martin Ravn Lentfer Petersen is the CEO of HeartWood ApS.

When was HeartWood ApS founded?

HeartWood ApS was founded on 6 September 2015.

What is the equity of HeartWood ApS?

Equity was DKK 155k according to the annual report for the period ending 28 February 2026.

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