West-Star ApS

CVR 39716712 · Private limited company (ApS) · Active · Low risk

West-Star ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 52k and a net result of DKK 816. CEO: Thor Stadil.

Bankruptcy risk for West-Star ApS

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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
39716712
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Havnegade 36
5000 Odense C
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio16,835%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address53
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 816DKK 1,130DKK 979
EquityDKK 52kDKK 51kDKK 50k
Total assetsDKK 52kDKK 52kDKK 50k
CashDKK 52kDKK 52k–
Short-term debtDKK 311DKK 584–
Tax owedDKK 132DKK 584–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022142
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020193 Late
5 Jul 2018 – 31 Dec 2019244 Late

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
CEOThor StadilCurrent
Owner (100%)THORNICO A/SCurrent
FounderTHORNICO A/SCurrent

The CEOs' other companies

Thor Stadil – 57 other companies, of which 53 bankrupt

Address history (1 moves)

Havnegade 36, 5000 Odense C
Havnegade 36, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about West-Star ApS

Has West-Star ApS gone bankrupt?

No, West-Star ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of West-Star ApS?

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-Star ApS?

Thor Stadil is the CEO of West-Star ApS.

When was West-Star ApS founded?

West-Star ApS was founded on 5 July 2018.

What is the equity of West-Star ApS?

Equity was DKK 52k 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.