Backwheel Advertising ApS

CVR 40133704 · Private limited company (ApS) · Active · Low risk

Backwheel Advertising ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 319k. CEO: Steen Steensgaard Gade.

Bankruptcy risk for Backwheel Advertising ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40133704
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Bredgade 45
7400 Herning
Municipality
Herning
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Auditor
Andersen Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio58.1%
Current ratio238%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.7mDKK 1.4m
Net profitDKK 319kDKK 453kDKK 108k
EquityDKK 1.0mDKK 991kDKK 538k
Total assetsDKK 1.7mDKK 1.8mDKK 1.7m
CashDKK 1.2mDKK 871k–
Short-term debtDKK 728kDKK 834k–
Tax owedDKK 83kDKK 88k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Andersen Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202599
1 Jan 2024 – 31 Dec 202465
1 Jan 2023 – 31 Dec 202368
1 Jan 2022 – 31 Dec 2022104
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020181
3 Jan 2019 – 31 Dec 201984

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
CEOSteen Steensgaard GadeCurrent
CEOHenrik Jensen
Owner (100%)Steen Steensgaard GadeCurrent
Owner (25%)Henrik Jensen
Owner (67%)Steen Steensgaard Gade
FounderHenrik JensenCurrent
FounderSteen Steensgaard GadeCurrent

The CEOs' other companies

Steen Steensgaard Gade – 8 other companies, of which 1 bankrupt

Henrik Jensen – 1 other companies

Address history (1 moves)

Bredgade 45, 7400 Herning
c/o Henrik Jensen, Spinkebjerg 11, 7400 Herning

Former names

Backwheel Advertising ApS – now
Backwheel Advertising IVS –

Other companies at the same address

Similar companies in Herning

Questions and answers about Backwheel Advertising ApS

Has Backwheel Advertising ApS gone bankrupt?

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

What is the bankruptcy risk of Backwheel Advertising ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Backwheel Advertising ApS?

Steen Steensgaard Gade is the CEO of Backwheel Advertising ApS.

Who is the auditor of Backwheel Advertising ApS?

Backwheel Advertising ApS most recently used Andersen Revision.

When was Backwheel Advertising ApS founded?

Backwheel Advertising ApS was founded on 3 January 2019.

What is the equity of Backwheel Advertising ApS?

Equity was DKK 1.0m 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.