Westmark Saunas ApS

CVR 41949503 · Private limited company (ApS) · Active · Medium risk

Westmark Saunas ApS is a Private limited company (ApS), founded on , based in Brædstrup. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -108k and a net result of DKK -13k. CEO: Kenneth Langkjær.

Bankruptcy risk for Westmark Saunas ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%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
41949503
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Smedegade 22
8740 Brædstrup
Municipality
Horsens
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-751.0%
Current ratio12%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -9,798DKK -8,839
Net profitDKK -13kDKK -11k
EquityDKK -108kDKK -94k
Total assetsDKK 14kDKK 24k
CashDKK 14k–
Short-term debtDKK 122k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022193 Late
14 Dec 2020 – 31 Dec 2021196 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
CEOKenneth LangkjærCurrent
Owner (100%)BJERREGAARD FINANS ApSCurrent
FounderBJERREGAARD FINANS ApSCurrent

The CEOs' other companies

Kenneth Langkjær – 2 other companies

Address history (1 moves)

Smedegade 22, 8740 Brædstrup
Højlundvej 38, 8660 Skanderborg

Former names

Westmark Saunas ApS – now
Mother Moon ApS –

Other companies at the same address

Similar companies in Horsens

Questions and answers about Westmark Saunas ApS

Has Westmark Saunas ApS gone bankrupt?

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

What is the bankruptcy risk of Westmark Saunas 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 Westmark Saunas ApS?

Kenneth Langkjær is the CEO of Westmark Saunas ApS.

Who is the auditor of Westmark Saunas ApS?

Westmark Saunas ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Westmark Saunas ApS founded?

Westmark Saunas ApS was founded on 14 December 2020.

What is the equity of Westmark Saunas ApS?

Equity was DKK -108k 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.