West Estate Esbjerg FG ApS

CVR 42522392 · Private limited company (ApS) · Active · Low risk

West Estate Esbjerg FG ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK 364k. CEO: Emil Rask Gantzel Torbensen.

Bankruptcy risk for West Estate Esbjerg FG ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Negative equityNo · 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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
42522392
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o West Estate, Torvet 21, 1.
6700 Esbjerg
Municipality
Esbjerg
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio24.2%
Current ratio260%
Moves (last 2 years)2
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address73
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.1mDKK 841kDKK 1.1m
Net profitDKK 364kDKK 162kDKK 164k
EquityDKK 4.9mDKK 1.3mDKK 1.1m
Total assetsDKK 20.3mDKK 14.9mDKK 15.0m
CashDKK 0DKK 85k–
Short-term debtDKK 503kDKK 1.1m–
Tax owedDKK 21kDKK 97k–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025125
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181

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
CEOEmil Rask Gantzel TorbensenCurrent
CEOMorten Frank Hansen
CEOPeter Frank Hansen
CEOMorten Møller Nyborg
CEOEmil Rask Gantzel Torbensen
Owner (100%)West Estate Esbjerg FG HoldCo ApSCurrent
Owner (50%)Morten Frank Hansen
Owner (50%)Peter Frank Hansen
FounderMorten Frank HansenCurrent
FounderPeter Frank HansenCurrent

The CEOs' other companies

Emil Rask Gantzel Torbensen – 59 other companies

Morten Møller Nyborg – 17 other companies

Address history (3 moves)

c/o West Estate, Torvet 21, 1., 6700 Esbjerg
Kongensgade 96, st. th, 6700 Esbjerg
c/o Peter Frank Hansen, Aksel Sørensens Vej 3, 8543 Hornslet
Solbakken 8, 6800 Varde

Former names

West Estate Esbjerg FG ApS – now
Frodesgade PropCo ApS –
MPF Ejendomme ApS –
Udlejningsejendom Frodesgade 48-52 ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about West Estate Esbjerg FG ApS

Has West Estate Esbjerg FG ApS gone bankrupt?

No, West Estate Esbjerg FG ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of West Estate Esbjerg FG ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of West Estate Esbjerg FG ApS?

Emil Rask Gantzel Torbensen is the CEO of West Estate Esbjerg FG ApS.

Who is the auditor of West Estate Esbjerg FG ApS?

West Estate Esbjerg FG ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was West Estate Esbjerg FG ApS founded?

West Estate Esbjerg FG ApS was founded on 30 June 2021.

What is the equity of West Estate Esbjerg FG ApS?

Equity was DKK 4.9m 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.