WAE Denmark ApS

CVR 44322412 · Private limited company (ApS) · Active · Very high risk

WAE Denmark ApS is a Private limited company (ApS), founded on , based in Ålbæk. The company is registered in the industry fremstilling af andre plastprodukter. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 446k and a net result of DKK 482k. CEO: Leif Kyhl Johansen.

Bankruptcy risk for WAE Denmark ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×

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
44322412
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Leif Kyhl, Industrivej 16
9982 Ålbæk
Municipality
Frederikshavn
Industry
Fremstilling af andre plastprodukter (222600)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 47k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio50.2%
Current ratio101%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 620kDKK -255k
Net profitDKK 482kDKK -326k
EquityDKK 446kDKK -36k
Total assetsDKK 888kDKK 488k
CashDKK 241k–
Short-term debtDKK 415k–
Tax owedDKK 25k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
20 Sep 2023 – 31 Dec 2024178

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
CEOLeif Kyhl JohansenCurrent
Owner (50%)GMF HOLDING SKAGEN ApSCurrent
Owner (50%)NORD DANSK VIND ApSCurrent
Owner (33%)Hjortshoj Holding ApSCurrent
Owner (33%)Sandra Vedel Pedersen
Owner (33%)GMF HOLDING SKAGEN ApS
Owner (15%)NORD DANSK VIND ApS
Owner (25%)Sandra Vedel Pedersen
Owner (50%)NORD DANSK VIND ApS
FounderSandra Vedel PedersenCurrent

The CEOs' other companies

Leif Kyhl Johansen – 2 other companies

Address history (1 moves)

c/o Leif Kyhl, Industrivej 16, 9982 Ålbæk
c/o Sandra Wedel Pedersen, Wiltonvej 9, 9990 Skagen

Former names

WAE Denmark ApS – now
World Wide Serpent ApS –

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about WAE Denmark ApS

Has WAE Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of WAE Denmark ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of WAE Denmark ApS?

Leif Kyhl Johansen is the CEO of WAE Denmark ApS.

Who is the auditor of WAE Denmark ApS?

WAE Denmark ApS most recently used Beierholm.

When was WAE Denmark ApS founded?

WAE Denmark ApS was founded on 20 September 2023.

What is the equity of WAE Denmark ApS?

Equity was DKK 446k 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.