W & S Development ApS

CVR 40905774 · Private limited company (ApS) · Active · Low risk

W & S Development ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK -664k and a net result of DKK -54k. CEO: Thomas Bech Sandholdt, Thomas Vallentin West.

Bankruptcy risk for W & S Development 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

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · 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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40905774
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o TS Tech Holding ApS, Kongensgade 60A
6700 Esbjerg
Municipality
Esbjerg
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
REVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-126.9%
Current ratio7%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -4,500DKK -4,200
Net profitDKK -54kDKK -27kDKK -51k
EquityDKK -664kDKK -610kDKK -584k
Total assetsDKK 523kDKK 490kDKK 496k
CashDKK 16kDKK 22k–
Short-term debtDKK 1.2mDKK 1.1m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionscentret Aabenraa.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025158
1 Nov 2023 – 31 Oct 202468
1 Nov 2022 – 31 Oct 202365
1 Nov 2021 – 31 Oct 202265
1 Nov 2020 – 31 Oct 202173
4 Nov 2019 – 31 Oct 202074

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
CEOThomas Bech SandholdtCurrent
CEOThomas Vallentin WestCurrent
Owner (50%)TS TECH HOLDING ApSCurrent
Owner (50%)WEST EQUITY HOLDING APSCurrent
AuditorREVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTS TECH HOLDING ApSCurrent
FounderWEST EQUITY HOLDING APSCurrent

The CEOs' other companies

Thomas Bech Sandholdt – 21 other companies, of which 1 bankrupt

Thomas Vallentin West – 4 other companies

Address history (0 moves)

c/o TS Tech Holding ApS, Kongensgade 60A, 6700 Esbjerg

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about W & S Development ApS

Has W & S Development ApS gone bankrupt?

No, W & S Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of W & S Development 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.

Who is the CEO of W & S Development ApS?

Thomas Bech Sandholdt, Thomas Vallentin West are the CEOs of W & S Development ApS.

Who is the auditor of W & S Development ApS?

W & S Development ApS most recently used REVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB.

When was W & S Development ApS founded?

W & S Development ApS was founded on 4 November 2019.

What is the equity of W & S Development ApS?

Equity was DKK -664k according to the annual report for the period ending 31 October 2025.

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