West Estate Kolding ApS

CVR 43978209 · Private limited company (ApS) · Active · Low risk

West Estate Kolding 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 0.1 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 10.6m and a net result of DKK 9.9m.

Bankruptcy risk for West Estate Kolding 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

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
43978209
Status
Active
Company type
Private limited company (ApS)
Founded
(3 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 3
Missing annual reportNo
Negative equityNo
Equity ratio26.2%
Current ratio11%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address73
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 846kDKK 126kDKK 83k
Net profitDKK 9.9mDKK 398kDKK 673k
EquityDKK 10.6mDKK 729kDKK 713k
Total assetsDKK 40.7mDKK 5.1mDKK 4.4m
CashDKK 756DKK 49k–
Short-term debtDKK 21.0mDKK 2.0m–
Tax owedDKK 189kDKK 5,425–
Avg. employees00–

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 202597
1 Jan 2024 – 31 Dec 2024163
12 Apr 2023 – 31 Dec 2023180

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
CEOMorten Møller Nyborg
CEOMorten Frahm Albert
Owner (100%)Emil Torbensen Holding ApSCurrent
Owner (90%)MM HOLDING TJÆREBORG ApS
Owner (10%)Emil Torbensen Holding ApS
Owner (33%)Frahm Holding Esbjerg ApS
FounderEmil Torbensen Holding ApSCurrent

The CEOs' other companies

Morten Møller Nyborg – 17 other companies

Morten Frahm Albert – 4 other companies

Address history (2 moves)

c/o West Estate, Torvet 21, 1., 6700 Esbjerg
Kongensgade 96, st. th, 6700 Esbjerg
Parkvej 83, 6710 Esbjerg V

Former names

West Estate Kolding ApS – now
IA81 ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about West Estate Kolding ApS

Has West Estate Kolding ApS gone bankrupt?

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

What is the bankruptcy risk of West Estate Kolding 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 auditor of West Estate Kolding ApS?

West Estate Kolding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was West Estate Kolding ApS founded?

West Estate Kolding ApS was founded on 11 April 2023.

What is the equity of West Estate Kolding ApS?

Equity was DKK 10.6m 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.