West-Coast Real Estate III A/S

CVR 38418246 · Public limited company (A/S) · Active · Low risk

West-Coast Real Estate III A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.2% 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 7.2m and a net result of DKK 6.5m. CEO: Jesper Kristensen.

Bankruptcy risk for West-Coast Real Estate III A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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×

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
38418246
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Reesens Vej 2
6800 Varde
Municipality
Varde
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 2.0m
Employees
0 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio18.6%
Current ratio275%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address59
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1.2mDKK -3.5mDKK -5.1m
Net profitDKK 6.5mDKK 5.1mDKK -21.2m
EquityDKK 7.2mDKK 657kDKK -4.5m
Total assetsDKK 38.5mDKK 63.6mDKK 138.1m
CashDKK 4.5mDKK 2.5m–
Short-term debtDKK 2.5mDKK 1.2m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025122
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 202175
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018148
9 Feb 2017 – 31 Dec 2017144

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
CEOJesper KristensenCurrent
BoardJohn Riis AndersenCurrent
BoardPeter Kirk LarsenCurrent
BoardClaus TygesenCurrent
BoardJesper KristensenCurrent
BoardLars KjærgaardCurrent
BoardKasper Kruse KolendaCurrent
BoardRené LyngeCurrent
BoardMorten Husted ChristensenCurrent
BoardPer Bank Lauridsen
BoardErik Bank Lauridsen
BoardHenning Georg Kruse
BoardMarianne Kolenda Kruse
BoardSara Bank Lauridsen
Owner (100%)WCRE III Holding A/SCurrent
Owner (5%)STYRUP HOLDING ApS
Owner (5%)TYGESEN COMPANY A/S
Owner (15%)E. BANK LAURIDSEN HOLDING A/S
Owner (5%)KURT SKOV HOLDING A/S
Owner (15%)HENNING G. KRUSE HOLDING A/S
Owner (15%)CLAUS SØRENSENS FOND HOLDING A/S
Owner (20%)REKA KL Holding A/S
Owner (5%)Tygesen Finans ApS
Owner (15%)Henning G. Kruse Holding A/S
Owner (5%)STYRUP HOLDING A/S
Owner (5%)T. Tygesen Invest ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderREKA KL Holding A/SCurrent

The CEOs' other companies

Jesper Kristensen – 43 other companies

Address history (0 moves)

Reesens Vej 2, 6800 Varde

Employees per year

Number of employees at West-Coast Real Estate III A/S per year112018: 02018

Other companies at the same address

Similar companies in Varde

Questions and answers about West-Coast Real Estate III A/S

Has West-Coast Real Estate III A/S gone bankrupt?

No, West-Coast Real Estate III A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of West-Coast Real Estate III A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of West-Coast Real Estate III A/S?

Jesper Kristensen is the CEO of West-Coast Real Estate III A/S.

Who is the auditor of West-Coast Real Estate III A/S?

West-Coast Real Estate III A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was West-Coast Real Estate III A/S founded?

West-Coast Real Estate III A/S was founded on 9 February 2017.

What is the equity of West-Coast Real Estate III A/S?

Equity was DKK 7.2m 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.