Holbæk Workwear og Firmatøj ApS

CVR 43110969 · Private limited company (ApS) · Active · High risk

Holbæk Workwear og Firmatøj ApS is a Private limited company (ApS), founded on , based in Holbæk. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 4.2% over the next 12 months, which is 3.0 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.1m and a net result of DKK -101k. CEO: Paw Andersen.

Bankruptcy risk for Holbæk Workwear og Firmatøj ApS

4.2%
probability of bankruptcy within 12 months
High risk

3.0 × the average (1.41%) · higher risk than 91% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×
CEO's other companies4–10 · bankruptcy rate 7.6%0.87×
Registered owners2 · bankruptcy rate 7.6%0.87×

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
43110969
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Tåstruphøj 10
4300 Holbæk
Municipality
Holbæk
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-127.6%
Current ratio39%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 656kDKK 448k
Net profitDKK -101kDKK -687kDKK -572k
EquityDKK -2.1mDKK -2.0mDKK -1.4m
Total assetsDKK 1.7mDKK 1.3mDKK 1.4m
CashDKK 1,418DKK 2,265–
Short-term debtDKK 3.8mDKK 3.3m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023122
6 Mar 2022 – 31 Dec 2022195 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
CEOPaw AndersenCurrent
Owner (50%)Sipah Holding ApSCurrent
Owner (50%)RICOS TV HOLDING APSCurrent
FounderSipah Holding ApSCurrent
FounderRICOS TV HOLDING APSCurrent

The CEOs' other companies

Paw Andersen – 5 other companies

Address history (1 moves)

Tåstruphøj 10, 4300 Holbæk
Spånnebæk 24, 4300 Holbæk

Former names

Holbæk Workwear og Firmatøj ApS – now
Holbæk Workwear ApS –

Other companies at the same address

Similar companies in Holbæk

Questions and answers about Holbæk Workwear og Firmatøj ApS

Has Holbæk Workwear og Firmatøj ApS gone bankrupt?

No, Holbæk Workwear og Firmatøj ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Holbæk Workwear og Firmatøj ApS?

Our model estimates a bankruptcy risk of 4.2% over the next 12 months (high risk), which is 3.0 times the average for Danish companies.

Who is the CEO of Holbæk Workwear og Firmatøj ApS?

Paw Andersen is the CEO of Holbæk Workwear og Firmatøj ApS.

Who is the auditor of Holbæk Workwear og Firmatøj ApS?

Holbæk Workwear og Firmatøj ApS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

When was Holbæk Workwear og Firmatøj ApS founded?

Holbæk Workwear og Firmatøj ApS was founded on 6 March 2022.

What is the equity of Holbæk Workwear og Firmatøj ApS?

Equity was DKK -2.1m 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.