MWRE ApS

CVR 40971637 · Private limited company (ApS) · Active · Medium risk

MWRE ApS is a Private limited company (ApS), founded on , based in Kalundborg. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. 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 654k and a net result of DKK 120k. CEO: Mads Voer Rasmussen.

Bankruptcy risk for MWRE 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
40971637
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Mads Rasmussen, Illerup Sand 14
4400 Kalundborg
Municipality
Kalundborg
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio71.7%
Current ratio299%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.1mDKK 1.2mDKK 1.3m
Net profitDKK 120kDKK 74kDKK 199k
EquityDKK 654kDKK 534kDKK 522k
Total assetsDKK 913kDKK 893kDKK 824k
CashDKK 195kDKK 373k–
Short-term debtDKK 258kDKK 358k–
Tax owedDKK 98kDKK 80k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025202 Late
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023176
1 Oct 2021 – 30 Sep 2022169
1 Oct 2020 – 30 Sep 2021167
28 Nov 2019 – 30 Sep 2020161

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
CEOMads Voer RasmussenCurrent
Owner (100%)Mads Voer RasmussenCurrent
FounderMads Voer RasmussenCurrent

Address history (0 moves)

c/o Mads Rasmussen, Illerup Sand 14, 4400 Kalundborg

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Questions and answers about MWRE ApS

Has MWRE ApS gone bankrupt?

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

What is the bankruptcy risk of MWRE 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 MWRE ApS?

Mads Voer Rasmussen is the CEO of MWRE ApS.

When was MWRE ApS founded?

MWRE ApS was founded on 28 November 2019.

What is the equity of MWRE ApS?

Equity was DKK 654k 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.