West concrete ApS

CVR 45350878 · Private limited company (ApS) · Active · High risk

West concrete ApS is a Private limited company (ApS), founded on , based in Tarm. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 26k and a net result of DKK -14k. CEO: Martin Frio Pedersen.

Bankruptcy risk for West concrete ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · 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
45350878
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Kastanievej 8
6880 Tarm
Municipality
Ringkøbing-Skjern
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio55.2%
Current ratio223%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 2,092
Net profitDKK -14k
EquityDKK 26k
Total assetsDKK 47k
CashDKK 44k
Short-term debtDKK 21k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
22 Jan 2025 – 31 Dec 2025183

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
CEOMartin Frio PedersenCurrent
Owner (100%)Martin Frio PedersenCurrent
FounderMartin Frio PedersenCurrent

Address history (0 moves)

Kastanievej 8, 6880 Tarm

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Questions and answers about West concrete ApS

Has West concrete ApS gone bankrupt?

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

What is the bankruptcy risk of West concrete ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of West concrete ApS?

Martin Frio Pedersen is the CEO of West concrete ApS.

Who is the auditor of West concrete ApS?

West concrete ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was West concrete ApS founded?

West concrete ApS was founded on 22 January 2025.

What is the equity of West concrete ApS?

Equity was DKK 26k 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.