W3 Construction ApS

CVR 38197118 · Private limited company (ApS) · Active · High risk

W3 Construction ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -8.0m and a net result of DKK -1.1m.

Bankruptcy risk for W3 Construction ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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
38197118
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Tove Ditlevsens Gade 83
8240 Risskov
Municipality
Aarhus
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 200k
Employees
13 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-374.2%
Current ratio10%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 284kDKK 385k
Net profitDKK -1.1mDKK -1.8m
EquityDKK -8.0mDKK -7.0m
Total assetsDKK 2.1mDKK 19.2m
CashDKK 24k–
Short-term debtDKK 7.2m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022176
1 Jul 2020 – 30 Jun 2021183
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018171
21 Nov 2016 – 31 Dec 2017183

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
CEOTorben Brand
CEOBrian Christensen
BoardBrian ChristensenCurrent
BoardJohn Fohlmann ChristensenCurrent
Owner (67%)John Fohlmann ChristensenCurrent
Owner (25%)Green Elephant ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGreen Elephant ApSCurrent

The CEOs' other companies

Torben Brand – 25 other companies, of which 7 bankrupt

Brian Christensen – 52 other companies, of which 3 bankrupt

Address history (2 moves)

Tove Ditlevsens Gade 83, 8240 Risskov
Tove Ditlevsens Gade 61, 8240 Risskov
c/o Torben Brand, Vingelhøjvej 18, 6200 Aabenraa

Former names

W3 Construction ApS – now
Solpark Thisted IvS –

Employees per year

Number of employees at W3 Construction ApS per year7132018: 132018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about W3 Construction ApS

Has W3 Construction ApS gone bankrupt?

No, W3 Construction ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of W3 Construction ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of W3 Construction ApS?

W3 Construction ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was W3 Construction ApS founded?

W3 Construction ApS was founded on 21 November 2016.

What is the equity of W3 Construction ApS?

Equity was DKK -8.0m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.