wheels-only ApS

CVR 44765012 · Private limited company (ApS) · Active · Very high risk

wheels-only ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry engroshandel med reservedele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 26.1% over the next 12 months, which is 18.5 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 18k and a net result of DKK -22k. CEO: Jørgen Nielsen.

Bankruptcy risk for wheels-only ApS

26.1%
probability of bankruptcy within 12 months
Very high risk

18.5 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
44765012
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Jørgen Nielsen, Frederiksberg Alle 66, 5.
1820 Frederiksberg C
Municipality
Frederiksberg
Industry
Engroshandel med reservedele og tilbehør til motorkøretøjer (467200)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
V &amp; Co Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio25.0%
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies8
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 0
Gross profit–DKK 0
Net profitDKK -22kDKK 0
EquityDKK 18kDKK 40k
Total assetsDKK 72kDKK 40k
CashDKK 2,973DKK 40k
Short-term debtDKK 54kDKK 0
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · V &amp; Co Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
12 Apr 2024 – 31 Dec 202412

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
CEOJørgen NielsenCurrent
Owner (100%)DreamRoadNordic Holding ApSCurrent
FounderJørgen NielsenCurrent

The CEOs' other companies

Jørgen Nielsen – 13 other companies, of which 8 bankrupt

Address history (1 moves)

c/o Jørgen Nielsen, Frederiksberg Alle 66, 5., 1820 Frederiksberg C
c/o Jørgen Nielsen, Skodsborg Strandvej 142, 1. th, 2942 Skodsborg

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about wheels-only ApS

Has wheels-only ApS gone bankrupt?

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

What is the bankruptcy risk of wheels-only ApS?

Our model estimates a bankruptcy risk of 26.1% over the next 12 months (very high risk), which is 18.5 times the average for Danish companies.

Who is the CEO of wheels-only ApS?

Jørgen Nielsen is the CEO of wheels-only ApS.

Who is the auditor of wheels-only ApS?

wheels-only ApS most recently used V &amp; Co Revision.

When was wheels-only ApS founded?

wheels-only ApS was founded on 12 April 2024.

What is the equity of wheels-only ApS?

Equity was DKK 18k 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.