West Management ApS

CVR 39953846 · Private limited company (ApS) · Active · Low risk

West Management ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 69k and a net result of DKK 99k.

Bankruptcy risk for West Management ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
39953846
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nyringen 36
8240 Risskov
Municipality
Aarhus
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio9.7%
Current ratio117%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 291kDKK -35kDKK -16k
Net profitDKK 99kDKK -35kDKK -34k
EquityDKK 69kDKK -30kDKK 5,365
Total assetsDKK 714kDKK 46kDKK 75k
CashDKK 690kDKK 19k–
Short-term debtDKK 588kDKK 39k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202569
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022133
1 Jan 2021 – 31 Dec 202175
1 Jan 2020 – 31 Dec 2020176
18 Oct 2018 – 31 Dec 2019275 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
Owner (100%)Marwan Ahmad AlnafaCurrent
FounderMarwan Ahmad AlnafaCurrent

Address history (1 moves)

Nyringen 36, 8240 Risskov
Illerupvej 27, 1. th, 8200 Aarhus N

Former names

West Management ApS – now
Marwan Music Group ApS –
Marwan Music Group IVS –

Employees per year

Number of employees at West Management ApS per year112018: 12018

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Questions and answers about West Management ApS

Has West Management ApS gone bankrupt?

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

What is the bankruptcy risk of West Management ApS?

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

When was West Management ApS founded?

West Management ApS was founded on 18 October 2018.

What is the equity of West Management ApS?

Equity was DKK 69k 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.