CSS Hardwood ApS

CVR 39637510 · Private limited company (ApS) · Active · Medium risk

CSS Hardwood ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 482k. CEO: Peter Hvalsø Svinding.

Bankruptcy risk for CSS Hardwood ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
39637510
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Vindegade 78B, 1. 1
5000 Odense C
Municipality
Odense
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio43.0%
Current ratio174%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 1.4mDKK 1.3m
Net profitDKK 482kDKK 213kDKK 432k
EquityDKK 1.5mDKK 1.0mDKK 2.0m
Total assetsDKK 3.5mDKK 2.8mDKK 3.8m
CashDKK 113DKK 1,527–
Short-term debtDKK 2.0mDKK 1.7m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020161
1 Jan 2019 – 31 Dec 2019174
1 Jan 2018 – 31 Dec 2018156

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
CEOPeter Hvalsø SvindingCurrent
Owner (100%)CSS Hardwood Holding ApSCurrent
Owner (100%)Peter Hvalsø Svinding
FounderPeter Hvalsø SvindingCurrent

The CEOs' other companies

Peter Hvalsø Svinding – 6 other companies, of which 1 bankrupt

Address history (2 moves)

Vindegade 78B, 1. 1, 5000 Odense C
Helgavej 26, 5230 Odense M
Kongensgade 31B, 1. tv, 5000 Odense C

Employees per year

Number of employees at CSS Hardwood ApS per year112018: 12018

Similar companies in Odense

Questions and answers about CSS Hardwood ApS

Has CSS Hardwood ApS gone bankrupt?

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

What is the bankruptcy risk of CSS Hardwood ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of CSS Hardwood ApS?

Peter Hvalsø Svinding is the CEO of CSS Hardwood ApS.

Who is the auditor of CSS Hardwood ApS?

CSS Hardwood ApS most recently used Baker Tilly Denmark.

When was CSS Hardwood ApS founded?

CSS Hardwood ApS was founded on 6 June 2018.

What is the equity of CSS Hardwood 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.