Cestino Welcome Bags ApS

CVR 45444368 · Private limited company (ApS) · Active · Medium risk

Cestino Welcome Bags ApS is a Private limited company (ApS), founded on , based in Rødovre. The company is registered in the industry detailhandel med dagligvarer i supermarkeder og købmandsbutikker. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -62k and a net result of DKK -102k. CEO: Alex Martin Wätjen.

Bankruptcy risk for Cestino Welcome Bags ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
45444368
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Randrupvej 44
2610 Rødovre
Municipality
Rødovre
Industry
Detailhandel med dagligvarer i supermarkeder og købmandsbutikker (471120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-300.7%
Current ratio25%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK -102k
Net profitDKK -102k
EquityDKK -62k
Total assetsDKK 21k
CashDKK 20k
Short-term debtDKK 82k
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
3 Mar 2025 – 31 Dec 2025170

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
CEOAlex Martin WätjenCurrent
Owner (100%)JAW Group ApSCurrent
FounderJAW Group ApSCurrent

The CEOs' other companies

Alex Martin Wätjen – 1 other companies

Address history (0 moves)

Randrupvej 44, 2610 Rødovre

Other companies at the same address

Similar companies in Rødovre

Questions and answers about Cestino Welcome Bags ApS

Has Cestino Welcome Bags ApS gone bankrupt?

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

What is the bankruptcy risk of Cestino Welcome Bags ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Cestino Welcome Bags ApS?

Alex Martin Wätjen is the CEO of Cestino Welcome Bags ApS.

When was Cestino Welcome Bags ApS founded?

Cestino Welcome Bags ApS was founded on 3 March 2025.

What is the equity of Cestino Welcome Bags ApS?

Equity was DKK -62k 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.