I-Wood Denmark ApS
CVR 38152416 · Private limited company (ApS) · Active · Low risk
I-Wood Denmark ApS is a Private limited company (ApS), founded on , based in Ørnhøj. The company is registered in the industry fremstilling af finerplader og træbaserede plader. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.2m and a net result of DKK 1.2m. CEO: Casper Krogh Olesen.
Bankruptcy risk for I-Wood Denmark ApS
0.1 × the average (1.41%) · higher risk than 38% of active Danish companies
Increases the risk
Reduces the risk
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
- 38152416
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (10 years)
- Address
- Fabriksvej 4
6973 Ørnhøj - Municipality
- Herning
- Industry
- Fremstilling af finerplader og træbaserede plader (162100)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt - Share capital
- DKK 90k
- Auditor
- Partner Revision statsautoriseret revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 20.6% |
| Current ratio | 128% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 9.5m | DKK 6.9m |
| Net profit | DKK 1.2m | DKK -444k |
| Equity | DKK 3.2m | DKK 2.0m |
| Total assets | DKK 15.5m | DKK 13.4m |
| Cash | DKK 147 | – |
| Short-term debt | DKK 9.1m | – |
| Avg. employees | 14 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 72 | ||
| 1 Jan 2024 – 31 Dec 2024 | 183 | ||
| 1 Oct 2022 – 31 Dec 2023 | 178 | ||
| 1 Oct 2021 – 30 Sep 2022 | 165 | ||
| 1 Oct 2020 – 30 Sep 2021 | 53 | ||
| 1 Oct 2019 – 30 Sep 2020 | 68 | ||
| 1 Oct 2018 – 30 Sep 2019 | 93 | ||
| 1 Oct 2017 – 30 Sep 2018 | 169 | ||
| 2 Nov 2016 – 30 Sep 2017 | 163 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Casper Krogh Olesen | Current | |
| CEO | Mikkel Kristensen Galsgaard | ||
| CEO | Lars Vestergaard Mortensen | ||
| Board | Mikkel Kristensen Galsgaard | Current | |
| Board | Casper Krogh Olesen | Current | |
| Board | Lars Vestergaard Mortensen | Current | |
| Board | Michael Lindal Overgaard | Current | |
| Board | Brian Christensen | Current | |
| Board | Lars Vestergaard Mortensen | ||
| Owner (100%) | I-Wood Holding Denmark ApS | Current | |
| Owner (50%) | LM HOLDING, GRØNBJERG ApS | ||
| Owner (50%) | Mikkel Galsgaard Holding ApS | ||
| Owner (33%) | LM HOLDING, GRØNBJERG ApS | ||
| Owner (33%) | Mikkel Galsgaard Holding ApS | ||
| Owner (33%) | CKO Holding, Holstebro ApS | ||
| Owner (25%) | LM HOLDING, GRØNBJERG ApS | ||
| Owner (25%) | Mikkel Galsgaard Holding ApS | ||
| Owner (25%) | CKO Holding, Holstebro ApS | ||
| Owner (15%) | IDSeed ApS | ||
| Auditor | Partner Revision statsautoriseret revisionsaktieselskab | Current | |
| Founder | LM HOLDING, GRØNBJERG ApS | Current | |
| Founder | Mikkel Galsgaard Holding ApS | Current |
The CEOs' other companies
Casper Krogh Olesen – 2 other companies
- CKO Holding, Holstebro ApS Active
- I-Wood Holding Denmark ApS Active
Mikkel Kristensen Galsgaard – 3 other companies, of which 1 bankrupt
- Tømrerfirmaet Galsgaard & Pugdal ApS Bankrupt 24 Feb 2020
- I-Wood Holding Denmark ApS Active
- Mikkel Galsgaard Holding ApS Active
Lars Vestergaard Mortensen – 9 other companies
- GRØNBJERG EJENDOMSSELSKAB A/S Active
- GRØNBJERG GRUNDINVEST A/S Active
- I-Wood Holding Denmark ApS Active
- LHI INVEST A/S Active
- LM HOLDING, GRØNBJERG ApS Active
- MIHL EJENDOMSINVEST ApS Active
- SHARP WOOD ApS Fusioneret
- by Stok & Sten ApS Active
- ide-huse A/S Active
Address history (3 moves)
| Fabriksvej 4, 6973 Ørnhøj | |
| Fabriksvej 4, 6973 Ørnhøj | |
| Fabriksvej 2, 6973 Ørnhøj | |
| c/o Mikkel Kristensen Galsgaard, Thorshammer 78, 7500 Holstebro |
Former names
| I-Wood Denmark ApS | – now |
| I-Wood ApS | – |
| GML Invest ApS | – |
Other companies at the same address
- DV2009 A/S Bankrupt
- I-Wood Holding Denmark ApS Active
- ØRNHØJ VINDUER A/S Fusioneret
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- CT DOORS ApS Herning
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- HERNING NY FINERCENTRAL ApS Herning
Questions and answers about I-Wood Denmark ApS
Has I-Wood Denmark ApS gone bankrupt?
No, I-Wood Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of I-Wood Denmark ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of I-Wood Denmark ApS?
Casper Krogh Olesen is the CEO of I-Wood Denmark ApS.
Who is the auditor of I-Wood Denmark ApS?
I-Wood Denmark ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.
When was I-Wood Denmark ApS founded?
I-Wood Denmark ApS was founded on 1 November 2016.
What is the equity of I-Wood Denmark ApS?
Equity was DKK 3.2m 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.