Westergaard Holding ApS

CVR 42904155 · Private limited company (ApS) · Active · Low risk

Westergaard Holding ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 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 14.4m and a net result of DKK 8.3m. CEO: Henrik Westergaard Nielsen.

Bankruptcy risk for Westergaard Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
42904155
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Odinsvej 3
8800 Viborg
Municipality
Viborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.0m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityNo
Equity ratio84.3%
Current ratio81%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profit–DKK -16kDKK -5,251
Net profitDKK 8.3mDKK 4.5mDKK 507k
EquityDKK 14.4mDKK 6.2mDKK 1.9m
Total assetsDKK 17.1mDKK 9.5mDKK 1.9m
CashDKK 92kDKK 366–
Short-term debtDKK 2.7mDKK 1.3m–
Tax owedDKK 471kDKK 1.0m–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023180
14 Dec 2021 – 31 Dec 2022183

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
CEOHenrik Westergaard NielsenCurrent
Owner (33%)Charlotte Westergaard NielsenCurrent
Owner (50%)Henrik Westergaard NielsenCurrent
Owner (100%)Henrik Westergaard Nielsen
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHenrik Westergaard NielsenCurrent

The CEOs' other companies

Henrik Westergaard Nielsen – 3 other companies

Address history (0 moves)

Odinsvej 3, 8800 Viborg

Other companies at the same address

Similar companies in Viborg

Questions and answers about Westergaard Holding ApS

Has Westergaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Westergaard Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Westergaard Holding ApS?

Henrik Westergaard Nielsen is the CEO of Westergaard Holding ApS.

Who is the auditor of Westergaard Holding ApS?

Westergaard Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Westergaard Holding ApS founded?

Westergaard Holding ApS was founded on 14 December 2021.

What is the equity of Westergaard Holding ApS?

Equity was DKK 14.4m 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.