TWD Composites Denmark ApS

CVR 39492733 · Private limited company (ApS) · Active · Medium risk

TWD Composites Denmark ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 8 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK -7.7m. CEO: Brian Ernest Cejka.

Bankruptcy risk for TWD Composites Denmark ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39492733
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Birkemose Allé 37A
6000 Kolding
Municipality
Kolding
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 50k
Employees
5 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 8
Missing annual reportNo
Negative equityNo
Equity ratio21.9%
Current ratio126%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 23.2mDKK 25.4mDKK 19.8m
Net profitDKK -7.7mDKK 1.4mDKK 1.1m
EquityDKK 1.5mDKK 9.2mDKK 7.8m
Total assetsDKK 7.0mDKK 38.4mDKK 32.3m
CashDKK 1.3mDKK 2.0m–
Short-term debtDKK 5.4mDKK 29.2m–
Tax owedDKK 0DKK 226k–
Avg. employees1513–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024212 Late
1 Jan 2023 – 31 Dec 2023222 Late
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021216 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019272 Late
17 Apr 2018 – 31 Dec 2018176

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
CEOBrian Ernest CejkaCurrent
CEOPeter Andreas Stakemann
CEOWilliam Eugene Siwek
Owner (100%)TPI Holdings Switzerland GmbHCurrent
Owner (100%)ApS KBURS 17 NR. 6919
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderApS KBURS 17 NR. 6919Current

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (1 moves)

Birkemose Allé 37A, 6000 Kolding
Kronprinsessegade 18, 1306 København K

Former names

TWD Composites Denmark ApS – now
TPI Composites Denmark ApS –
ApS STM nr. 6194 –

Employees per year

Number of employees at TWD Composites Denmark ApS per year352018: 52018

Other companies at the same address

Similar companies in Kolding

Questions and answers about TWD Composites Denmark ApS

Has TWD Composites Denmark ApS gone bankrupt?

No, TWD Composites Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TWD Composites Denmark ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of TWD Composites Denmark ApS?

Brian Ernest Cejka is the CEO of TWD Composites Denmark ApS.

Who is the auditor of TWD Composites Denmark ApS?

TWD Composites Denmark ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TWD Composites Denmark ApS founded?

TWD Composites Denmark ApS was founded on 17 April 2018.

What is the equity of TWD Composites Denmark ApS?

Equity was DKK 1.5m 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.