WAX Holding ApS

CVR 44581906 · Private limited company (ApS) · Active · Low risk

WAX Holding ApS is a Private limited company (ApS), founded on , based in Horsens. 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. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 83k and a net result of DKK 26k. CEO: Mads Peter Olsen.

Bankruptcy risk for WAX 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

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
44581906
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Fjordvangsalle 7
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio83.1%
Current ratio327%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -7,404DKK -15k
Net profitDKK 26kDKK -43k
EquityDKK 83kDKK 57k
Total assetsDKK 100kDKK 64k
CashDKK 55kDKK 53k
Short-term debtDKK 17kDKK 7,500
Avg. employees10

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
23 Jan 2024 – 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
CEOMads Peter OlsenCurrent
Owner (100%)Mads Peter OlsenCurrent
FounderMads Peter OlsenCurrent

The CEOs' other companies

Mads Peter Olsen – 2 other companies

Address history (2 moves)

Fjordvangsalle 7, 8700 Horsens
Jenny Kammersgaards Vej 13, 1. 1, 8700 Horsens
Lindeparken 23, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about WAX Holding ApS

Has WAX Holding ApS gone bankrupt?

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

What is the bankruptcy risk of WAX 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 WAX Holding ApS?

Mads Peter Olsen is the CEO of WAX Holding ApS.

Who is the auditor of WAX Holding ApS?

WAX Holding ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was WAX Holding ApS founded?

WAX Holding ApS was founded on 23 January 2024.

What is the equity of WAX Holding ApS?

Equity was DKK 83k 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.