Waffle Barons ApS

CVR 39670038 · Private limited company (ApS) · Active · Low risk

Waffle Barons ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 477k. CEO: Christian Rod Høeg.

Bankruptcy risk for Waffle Barons ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
39670038
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Livøvej 3
8800 Viborg
Municipality
Viborg
Industry
Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 43k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio14.9%
Current ratio110%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.9mDKK 1.8mDKK 2.1m
Net profitDKK 477kDKK 132kDKK -409k
EquityDKK 1.5mDKK 456kDKK 323k
Total assetsDKK 9.8mDKK 2.7mDKK 3.1m
CashDKK 53kDKK 19k–
Short-term debtDKK 5.4mDKK 2.3m–
Tax owedDKK 214k––
Avg. employees105–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025126
1 Jan 2024 – 31 Dec 202452
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022113
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019136
25 Jun 2018 – 31 Dec 2018175

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
CEOChristian Rod HøegCurrent
CEONithurshan Thavayogavanian
CEOAlexander Baden
BoardJeanette Elgaard Carlsson
BoardAndreas Petersen
BoardAndreas Petersen
BoardChristian Rod Høeg
Owner (25%)Aksel Christensen SilvaCurrent
Owner (100%)W. Barons Holding ApSCurrent
Owner (25%)Nithurshan Thavayogavanian
Owner (25%)Alexander Baden
Owner (15%)Christian Rod Høeg
Owner (25%)Aksel Christensen Silva
Owner (25%)Christian Rod Høeg
Owner (25%)Nithurshan Thavayogavanian
Owner (20%)Alexander Baden
Owner (25%)Christian Rod Høeg
Owner (25%)Aksel Christensen Silva
Owner (25%)Nithurshan Thavayogavanian
Owner (25%)Alexander Baden
Owner (25%)Christian Rod Høeg
Owner (25%)Aksel Christensen Silva
Owner (25%)Badens Holding ApS
Owner (25%)Christian Rod Holding ApS
Owner (25%)Silva Holding ApS
Owner (10%)Jonas Schultz Holding ApS
Owner (10%)AND Well ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderNithurshan ThavayogavanianCurrent
FounderAlexander BadenCurrent
FounderChristian Rod HøegCurrent
FounderAksel Christensen SilvaCurrent

The CEOs' other companies

Christian Rod Høeg – 4 other companies

Alexander Baden – 4 other companies

Address history (4 moves)

Livøvej 3, 8800 Viborg
Hedemølle Erhvervsvej 25, 8850 Bjerringbro
c/o Christian Rod, Stenageren 16, 8850 Bjerringbro
c/o Christian Rod, Finderupvej 9, st. 3, 8000 Aarhus C
c/o Atticus, Tomsagervej 2, 8230 Åbyhøj

Former names

Waffle Barons ApS – now
Vaffelbaronerne ApS –
Vaffelbaronerne IVS –
by HomeBake IVS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about Waffle Barons ApS

Has Waffle Barons ApS gone bankrupt?

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

What is the bankruptcy risk of Waffle Barons ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Waffle Barons ApS?

Christian Rod Høeg is the CEO of Waffle Barons ApS.

Who is the auditor of Waffle Barons ApS?

Waffle Barons ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Waffle Barons ApS founded?

Waffle Barons ApS was founded on 25 June 2018.

What is the equity of Waffle Barons 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.