WPC Star Denmark ApS

CVR 40917608 · Private limited company (ApS) · Active · Low risk

WPC Star Denmark ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 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 49.5m and a net result of DKK 11.6m. CEO: Martin Vestergaard, Gregory Mark Butchart.

Bankruptcy risk for WPC Star Denmark ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
40917608
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Citco (Denmark) ApS, August Bournonvilles Passage 1
1055 København K
Municipality
København
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 43k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio30.3%
Current ratio84%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address122
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 10.1mDKK 10.0mDKK 9.9m
Gross profitDKK 9.5mDKK 9.4mDKK 9.3m
Net profitDKK 11.6mDKK -3.6mDKK -3.9m
EquityDKK 49.5mDKK 42.5mDKK 50.6m
Total assetsDKK 163.3mDKK 155.4mDKK 167.9m
CashDKK 3.5mDKK 3.4m–
Short-term debtDKK 4.2mDKK 3.7m–
Tax owedDKK 353kDKK 318k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMG,.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020165
8 Nov 2019 – 31 Dec 2019226 Late

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
CEOMartin VestergaardCurrent
CEOGregory Mark ButchartCurrent
CEOBent Kemplar
CEOOle Meier Sørensen
Owner (90%)WPC Pan-European Holding Coöperatief U.A.Current
Owner (100%)KR 332 ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorKPMG P/S
FounderKR 332 ApSCurrent

The CEOs' other companies

Martin Vestergaard – 5 other companies

Bent Kemplar – 51 other companies, of which 22 bankrupt

Ole Meier Sørensen – 53 other companies, of which 13 bankrupt

Address history (3 moves)

c/o Citco (Denmark) ApS, August Bournonvilles Passage 1, 1055 København K
c/o Citco (Denmark) ApS, Nybrogade 12, 1203 København K
c/o Citco, Holbergsgade 14, 1057 København K
c/o Kromann Reumert, Sundkrogsgade 5, 2100 København Ø

Former names

WPC Star Denmark ApS – now
KR 1928 ApS –

Other companies at the same address

Similar companies in København

Questions and answers about WPC Star Denmark ApS

Has WPC Star Denmark ApS gone bankrupt?

No, WPC Star Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WPC Star Denmark ApS?

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

Who is the CEO of WPC Star Denmark ApS?

Martin Vestergaard, Gregory Mark Butchart are the CEOs of WPC Star Denmark ApS.

Who is the auditor of WPC Star Denmark ApS?

WPC Star Denmark ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was WPC Star Denmark ApS founded?

WPC Star Denmark ApS was founded on 8 November 2019.

What is the equity of WPC Star Denmark ApS?

Equity was DKK 49.5m 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.