Classic Wear ApS

CVR 37496529 · Private limited company (ApS) · Active · Medium risk

Classic Wear ApS is a Private limited company (ApS), founded on , based in Korsør. The company is registered in the industry engroshandel med kufferter og lædervarer. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -416k and a net result of DKK -19k. CEO: Max Helge Sørensen.

Bankruptcy risk for Classic Wear ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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 reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
37496529
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Max Sørensen, Markmosen 6
4220 Korsør
Municipality
Slagelse
Industry
Engroshandel med kufferter og lædervarer (464930)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
0 (2018)
Auditor
Plus Revision ApS
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-14,574.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -19kDKK -7,178DKK 71k
Net profitDKK -19kDKK -7,167DKK 70k
EquityDKK -416kDKK -397kDKK -390k
Total assetsDKK 2,855DKK 6,638DKK 11k
CashDKK 412DKK 1,005–
Short-term debtDKK 419kDKK 403k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Plus Revision ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017139
29 Feb 2016 – 31 Dec 2016157

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
CEOMax Helge SørensenCurrent
Owner (100%)Max Helge SørensenCurrent
FounderMax Helge SørensenCurrent

The CEOs' other companies

Max Helge Sørensen – 5 other companies

Address history (0 moves)

c/o Max Sørensen, Markmosen 6, 4220 Korsør

Employees per year

Number of employees at Classic Wear ApS per year122016: 220162017: 020172018: 02018

Other companies at the same address

Similar companies in Slagelse

Questions and answers about Classic Wear ApS

Has Classic Wear ApS gone bankrupt?

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

What is the bankruptcy risk of Classic Wear ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Classic Wear ApS?

Max Helge Sørensen is the CEO of Classic Wear ApS.

Who is the auditor of Classic Wear ApS?

Classic Wear ApS most recently used Plus Revision ApS.

When was Classic Wear ApS founded?

Classic Wear ApS was founded on 29 February 2016.

What is the equity of Classic Wear ApS?

Equity was DKK -416k 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.