Woolwear ApS

CVR 43345648 · Private limited company (ApS) · Active · Low risk

Woolwear ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 7.2m and a net result of DKK 1.6m. CEO: Kim Aagaard Madsen, Bo Aagaard Madsen.

Bankruptcy risk for Woolwear ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
43345648
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Bo Aagaard Madsen, Hvedemarken 7
7620 Lemvig
Municipality
Lemvig
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio76.9%
Current ratio73%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.2mDKK 2.7m
Net profitDKK 1.6mDKK 2.0m
EquityDKK 7.2mDKK 8.1m
Total assetsDKK 9.3mDKK 10.4m
CashDKK 450k–
Short-term debtDKK 1.8m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202540
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022103

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
CEOKim Aagaard MadsenCurrent
CEOBo Aagaard MadsenCurrent
Owner (50%)K.AA.M Holding ApSCurrent
Owner (50%)B.AA.M Holding ApSCurrent
Owner (50%)Kim Aagaard Madsen
Owner (50%)Bo Aagaard Madsen
Owner (100%)C & W Holding ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
FounderKim Aagaard MadsenCurrent
FounderBo Aagaard MadsenCurrent

The CEOs' other companies

Kim Aagaard Madsen – 3 other companies

Bo Aagaard Madsen – 4 other companies

Address history (1 moves)

c/o Bo Aagaard Madsen, Hvedemarken 7, 7620 Lemvig
c/o Bo Aagaard Madsen, Frederiksgade 35, 2. tv, 7620 Lemvig

Other companies at the same address

Questions and answers about Woolwear ApS

Has Woolwear ApS gone bankrupt?

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

What is the bankruptcy risk of Woolwear ApS?

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

Who is the CEO of Woolwear ApS?

Kim Aagaard Madsen, Bo Aagaard Madsen are the CEOs of Woolwear ApS.

Who is the auditor of Woolwear ApS?

Woolwear ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Woolwear ApS founded?

Woolwear ApS was founded on 23 June 2022.

What is the equity of Woolwear ApS?

Equity was DKK 7.2m 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.