Starup Wood ApS

CVR 37350087 · Private limited company (ApS) · Active · Low risk

Starup Wood ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry færdigbearbejdning af trævarer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 5.1m and a net result of DKK 1.4m. CEO: Jens Christian Glistrup.

Bankruptcy risk for Starup Wood ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%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×

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×
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×
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
37350087
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Jens Glistrup, Smedebakken 28
7200 Grindsted
Municipality
Varde
Industry
Færdigbearbejdning af trævarer (162700)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 50k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio71.7%
Current ratio269%
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
Gross profitDKK 3.3mDKK 1.2mDKK 2.7m
Net profitDKK 1.4mDKK -208kDKK 1.2m
EquityDKK 5.1mDKK 3.7mDKK 3.9m
Total assetsDKK 7.1mDKK 5.4mDKK 6.3m
CashDKK 887kDKK 100k–
Short-term debtDKK 2.0mDKK 1.7m–
Tax owedDKK 371kDKK 0–
Avg. employees23–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 201768
4 Jan 2016 – 31 Dec 2016128

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
CEOJens Christian GlistrupCurrent
Owner (100%)Starup Wood Holding ApSCurrent
FounderStarup Wood Holding ApSCurrent

The CEOs' other companies

Jens Christian Glistrup – 2 other companies

Address history (1 moves)

c/o Jens Glistrup, Smedebakken 28, 7200 Grindsted
c/o Jens Glistrup, Smedebakken 28, 7200 Grindsted

Employees per year

Number of employees at Starup Wood ApS per year112016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Varde

Questions and answers about Starup Wood ApS

Has Starup Wood ApS gone bankrupt?

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

What is the bankruptcy risk of Starup Wood ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Starup Wood ApS?

Jens Christian Glistrup is the CEO of Starup Wood ApS.

Who is the auditor of Starup Wood ApS?

Starup Wood ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Starup Wood ApS founded?

Starup Wood ApS was founded on 4 January 2016.

What is the equity of Starup Wood ApS?

Equity was DKK 5.1m 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.