Ward ApS

CVR 45050564 · Private limited company (ApS) · Active · High risk

Ward ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -211k and a net result of DKK -251k.

Bankruptcy risk for Ward ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Registered owners2 · bankruptcy rate 7.6%0.87×

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
45050564
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Grex Borre, Fuglevadsvej 71
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-287.4%
Current ratio26%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -251k
Net profitDKK -251k
EquityDKK -211k
Total assetsDKK 74k
CashDKK 14k
Short-term debtDKK 285k

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Dec 2025144

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
Owner (50%)PIILGAARD HOLDING ApSCurrent
Owner (50%)Fras Holding ApSCurrent
Owner (33%)David Bruno-Erland
FounderDavid Bruno-ErlandCurrent
FounderPIILGAARD HOLDING ApSCurrent
FounderFras Holding ApSCurrent

Address history (2 moves)

c/o Grex Borre, Fuglevadsvej 71, 2800 Kongens Lyngby
Borgevej 35A, 2800 Kongens Lyngby
Ålborggade 1, 2. tv, 2100 København Ø

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Ward ApS

Has Ward ApS gone bankrupt?

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

What is the bankruptcy risk of Ward ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

When was Ward ApS founded?

Ward ApS was founded on 1 September 2024.

What is the equity of Ward ApS?

Equity was DKK -211k 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.