M Westergaard Kolding Holding ApS

CVR 42926752 · Private limited company (ApS) · Active · Low risk

M Westergaard Kolding Holding ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK -20k. CEO: Mogens Sanath Duedal Westergaard.

Bankruptcy risk for M Westergaard Kolding Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
42926752
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Henrik Rantzaus Vej 18
6000 Kolding
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio75,888%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5,843DKK -4,144
Net profitDKK -20kDKK 199k
EquityDKK 1.5mDKK 1.5m
Total assetsDKK 1.5mDKK 1.6m
CashDKK 28–
Short-term debtDKK 707–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025164
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023189 Late
1 Jan 2022 – 31 Dec 2022194 Late
8 Dec 2021 – 31 Dec 2021199 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
CEOMogens Sanath Duedal WestergaardCurrent
Owner (100%)Mogens Sanath Duedal WestergaardCurrent
FounderMogens Sanath Duedal WestergaardCurrent

The CEOs' other companies

Mogens Sanath Duedal Westergaard – 2 other companies

Address history (1 moves)

Henrik Rantzaus Vej 18, 6000 Kolding
Henrik Rantzaus Vej 18, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about M Westergaard Kolding Holding ApS

Has M Westergaard Kolding Holding ApS gone bankrupt?

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

What is the bankruptcy risk of M Westergaard Kolding Holding ApS?

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

Who is the CEO of M Westergaard Kolding Holding ApS?

Mogens Sanath Duedal Westergaard is the CEO of M Westergaard Kolding Holding ApS.

When was M Westergaard Kolding Holding ApS founded?

M Westergaard Kolding Holding ApS was founded on 8 December 2021.

What is the equity of M Westergaard Kolding Holding ApS?

Equity was DKK 1.5m 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.