Westergaard & Poulsen ApS

CVR 38016806 · Private limited company (ApS) · Active · Low risk

Westergaard & Poulsen ApS is a Private limited company (ApS), founded on , based in Sunds. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK -197k. CEO: Mads Meedom Poulsen, Christian Vestergaard.

Bankruptcy risk for Westergaard & Poulsen ApS

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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38016806
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Linnebjergvej 20
7451 Sunds
Municipality
Herning
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
LUND + CHRISTIANSEN I/S REGISTREREDEREVISORER
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio26.2%
Current ratio152%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3,728DKK 679k
Net profitDKK -197kDKK 296k
EquityDKK 1.4mDKK 1.6m
Total assetsDKK 5.4mDKK 6.5m
CashDKK 0–
Short-term debtDKK 719k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · LUND + CHRISTIANSEN I/S REGISTREREDEREVISORER.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 202070
1 Jan 2019 – 31 Dec 2019115
1 Jan 2018 – 31 Dec 201860
13 Sep 2016 – 31 Dec 2017106

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
CEOMads Meedom PoulsenCurrent
CEOChristian VestergaardCurrent
Owner (50%)Mads Meedom PoulsenCurrent
Owner (50%)Christian VestergaardCurrent
FounderMads Meedom PoulsenCurrent
FounderChristian VestergaardCurrent

Address history (0 moves)

Linnebjergvej 20, 7451 Sunds

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Questions and answers about Westergaard & Poulsen ApS

Has Westergaard & Poulsen ApS gone bankrupt?

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

What is the bankruptcy risk of Westergaard & Poulsen ApS?

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 Westergaard & Poulsen ApS?

Mads Meedom Poulsen, Christian Vestergaard are the CEOs of Westergaard & Poulsen ApS.

Who is the auditor of Westergaard & Poulsen ApS?

Westergaard & Poulsen ApS most recently used LUND + CHRISTIANSEN I/S REGISTREREDEREVISORER.

When was Westergaard & Poulsen ApS founded?

Westergaard & Poulsen ApS was founded on 13 September 2016.

What is the equity of Westergaard & Poulsen ApS?

Equity was DKK 1.4m 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.