CSS Hardwood Holding ApS

CVR 39968843 · Private limited company (ApS) · Active · Medium risk

CSS Hardwood Holding ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 1.2m and a net result of DKK 186k. CEO: Peter Hvalsø Svinding.

Bankruptcy risk for CSS Hardwood Holding ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · 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×
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×
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×

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
39968843
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Helgavej 26
5230 Odense M
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio44.6%
Current ratio79%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address46
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -8,240DKK -8,050DKK -30k
Net profitDKK 186kDKK -399kDKK 357k
EquityDKK 1.2mDKK 1.1mDKK 2.7m
Total assetsDKK 2.7mDKK 2.0mDKK 3.6m
CashDKK 83kDKK 5,667–
Short-term debtDKK 1.5mDKK 928k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · 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 2022173
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%)Peter Hvalsø SvindingCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
FounderPeter Hvalsø SvindingCurrent

The CEOs' other companies

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

Address history (1 moves)

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

Other companies at the same address

Similar companies in Odense

Questions and answers about CSS Hardwood Holding ApS

Has CSS Hardwood Holding ApS gone bankrupt?

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

What is the bankruptcy risk of CSS Hardwood Holding ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of CSS Hardwood Holding ApS?

Peter Hvalsø Svinding is the CEO of CSS Hardwood Holding ApS.

Who is the auditor of CSS Hardwood Holding ApS?

CSS Hardwood Holding ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was CSS Hardwood Holding ApS founded?

CSS Hardwood Holding ApS was founded on 18 October 2018.

What is the equity of CSS Hardwood Holding ApS?

Equity was DKK 1.2m 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.