WeCode A/S

CVR 37496510 · Public limited company (A/S) · Active · Low risk

WeCode A/S is a Public limited company (A/S), founded on , based in København N. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 3.8m and a net result of DKK 1.9m. CEO: Troels Johannesen.

Bankruptcy risk for WeCode A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×

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
37496510
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Thorsgade 59, 2.
2200 København N
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 400k
Employees
12 (2018)
Auditor
ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio73.8%
Current ratio432%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 11.7mDKK 11.3mDKK 11.1m
Net profitDKK 1.9mDKK 1.1mDKK 755k
EquityDKK 3.8mDKK 2.7mDKK 1.6m
Total assetsDKK 5.2mDKK 4.0mDKK 3.5m
CashDKK 260kDKK 669k–
Short-term debtDKK 1.1mDKK 1.0m–
Avg. employees1820–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ALBJERG, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020133
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 2018100
1 Jan 2017 – 31 Dec 2017122
22 Feb 2016 – 31 Dec 2016152

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
CEOTroels JohannesenCurrent
BoardTroels JohannesenCurrent
BoardStig JohannesenCurrent
BoardJakob Hartvig JohannesenCurrent
Owner (100%)Troels Johannesen Holding ApSCurrent
AuditorALBJERG STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
FounderTroels Johannesen Holding ApSCurrent

The CEOs' other companies

Troels Johannesen – 6 other companies, of which 1 bankrupt

Address history (2 moves)

Thorsgade 59, 2., 2200 København N
Gammeltoftsgade 18, st. th, 1355 København K
Godthåbsvej 64, 2., 2000 Frederiksberg

Former names

WeCode A/S – now
WeCode ApS –

Employees per year

Number of employees at WeCode A/S per year6122016: 520162017: 720172018: 122018

Other companies at the same address

Similar companies in København

Questions and answers about WeCode A/S

Has WeCode A/S gone bankrupt?

No, WeCode A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WeCode A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of WeCode A/S?

Troels Johannesen is the CEO of WeCode A/S.

Who is the auditor of WeCode A/S?

WeCode A/S most recently used ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was WeCode A/S founded?

WeCode A/S was founded on 22 February 2016.

What is the equity of WeCode A/S?

Equity was DKK 3.8m 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.