Wheel Balance ApS

CVR 40627049 · Private limited company (ApS) · Active · Medium risk

Wheel Balance ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry fremstilling af andre maskiner til generelle formål i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 Sep 2025) shows equity of DKK -20k and a net result of DKK -4,297. CEO: Søren Henrik Holm Larsen.

Bankruptcy risk for Wheel Balance ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
40627049
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Aarhusvej 29
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Fremstilling af andre maskiner til generelle formål i.a.n. (282900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Auditor
Dansk Revision FrederiksbergGodkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-957.6%
Current ratio10%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -5,875DKK -6,500
Net profitDKK -4,297DKK -5,329
EquityDKK -20kDKK -16k
Total assetsDKK 2,082DKK 1,503
Short-term debtDKK 22k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025181
1 Oct 2023 – 30 Sep 2024154
1 Oct 2022 – 30 Sep 2023188 Late
1 Oct 2021 – 30 Sep 2022177
1 Oct 2020 – 30 Sep 2021152
1 Jul 2019 – 30 Sep 2020154

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
CEOSøren Henrik Holm LarsenCurrent
Owner (100%)Toxholm Holding ApSCurrent
FounderToxholm Holding ApSCurrent

The CEOs' other companies

Søren Henrik Holm Larsen – 4 other companies

Address history (1 moves)

Aarhusvej 29, 4800 Nykøbing F
Aarhusvej 29, 4800 Nykøbing F

Other companies at the same address

Questions and answers about Wheel Balance ApS

Has Wheel Balance ApS gone bankrupt?

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

What is the bankruptcy risk of Wheel Balance ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Wheel Balance ApS?

Søren Henrik Holm Larsen is the CEO of Wheel Balance ApS.

Who is the auditor of Wheel Balance ApS?

Wheel Balance ApS most recently used Dansk Revision FrederiksbergGodkendt Revisionsanpartsselskab.

When was Wheel Balance ApS founded?

Wheel Balance ApS was founded on 1 July 2019.

What is the equity of Wheel Balance ApS?

Equity was DKK -20k according to the annual report for the period ending 30 September 2025.

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