Vest-Connect ApS

CVR 41464526 · Private limited company (ApS) · Active · Low risk

Vest-Connect ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry detailhandel med brugte varer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -58k and a net result of DKK 12k. CEO: Ruben Kjælder Hvam.

Bankruptcy risk for Vest-Connect ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
41464526
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Ydunsvej 1
7620 Lemvig
Municipality
Lemvig
Industry
Detailhandel med brugte varer (477900)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-211.5%
Current ratio32%
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 year20252024
Gross profitDKK 19kDKK 6,716
Net profitDKK 12kDKK 1,509
EquityDKK -58kDKK -70k
Total assetsDKK 27kDKK 29k
Short-term debtDKK 85k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202546
1 Oct 2023 – 30 Sep 202423
1 Oct 2022 – 30 Sep 202353
1 Oct 2021 – 30 Sep 202282
24 Jun 2020 – 30 Sep 2021123

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
CEORuben Kjælder HvamCurrent
Owner (100%)Ruben Kjælder HvamCurrent
FounderRuben Kjælder HvamCurrent

Address history (0 moves)

Ydunsvej 1, 7620 Lemvig

Similar companies in Lemvig

Questions and answers about Vest-Connect ApS

Has Vest-Connect ApS gone bankrupt?

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

What is the bankruptcy risk of Vest-Connect ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Vest-Connect ApS?

Ruben Kjælder Hvam is the CEO of Vest-Connect ApS.

When was Vest-Connect ApS founded?

Vest-Connect ApS was founded on 24 June 2020.

What is the equity of Vest-Connect ApS?

Equity was DKK -58k 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.