Damwedel aps

CVR 40606939 · Private limited company (ApS) · Active · Low risk

Damwedel aps is a Private limited company (ApS), founded on , based in Gadbjerg. The company is registered in the industry vikarbureauers aktiviteter og anden personaleformidling. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 283k and a net result of DKK -35k. CEO: Michael Baggo Wedel Hestbech.

Bankruptcy risk for Damwedel aps

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
40606939
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Langgade 3
7321 Gadbjerg
Municipality
Vejle
Industry
Vikarbureauers aktiviteter og anden personaleformidling (782000)
Bankruptcies in the industry: Vikarbureauer
Share capital
DKK 100k
Auditor
REVISIONSFIRMAET HANNE OG ERLING LUND ApS
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio40.8%
Current ratio19%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 379kDKK 566k
Net profitDKK -35kDKK 1,586
EquityDKK 283kDKK 440k
Total assetsDKK 693kDKK 914k
CashDKK 30k–
Short-term debtDKK 410k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSFIRMAET HANNE OG ERLING LUND ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025165
1 Jul 2023 – 30 Jun 2024169
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022119
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 202077

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
CEOMichael Baggo Wedel HestbechCurrent
CEOErik Dam
Owner (100%)Michael Baggo Wedel HestbechCurrent
Owner (50%)Erik Dam
Owner (100%)Michael Baggo Wedel Hestbech
FounderErik DamCurrent
FounderMichael Baggo Wedel HestbechCurrent

The CEOs' other companies

Michael Baggo Wedel Hestbech – 2 other companies

Address history (1 moves)

Langgade 3, 7321 Gadbjerg
c/o Erik Dam, Gammel Vejlevej 21, 7200 Grindsted

Other companies at the same address

Similar companies in Vejle

Questions and answers about Damwedel aps

Has Damwedel aps gone bankrupt?

No, Damwedel aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Damwedel aps?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Damwedel aps?

Michael Baggo Wedel Hestbech is the CEO of Damwedel aps.

Who is the auditor of Damwedel aps?

Damwedel aps most recently used REVISIONSFIRMAET HANNE OG ERLING LUND ApS.

When was Damwedel aps founded?

Damwedel aps was founded on 20 June 2019.

What is the equity of Damwedel aps?

Equity was DKK 283k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.