WESTAG ApS

CVR 71084116 · Private limited company (ApS) · Active · Low risk

WESTAG ApS is a Private limited company (ApS), founded on , based in Snedsted. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 2.5m and a net result of DKK -856k. CEO: Aase Margrethe Odfeldt.

Bankruptcy risk for WESTAG ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
71084116
Status
Active
Company type
Private limited company (ApS)
Founded
(44 years)
Address
Todbølvej 16
7752 Snedsted
Municipality
Thisted
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 250k
Employees
0 (2013)
Auditor
REVIFJORD Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 30
Missing annual reportNo
Negative equityNo
Equity ratio88.1%
Current ratio838%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -72kDKK -72k
Net profitDKK -856kDKK 466k
EquityDKK 2.5mDKK 3.4m
Total assetsDKK 2.8mDKK 3.8m
CashDKK 18k–
Short-term debtDKK 340k–
Tax owedDKK 89k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025130
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023177
1 Oct 2021 – 30 Sep 202298
1 Oct 2020 – 30 Sep 2021148
1 Oct 2019 – 30 Sep 2020126
1 Oct 2018 – 30 Sep 2019135
1 Oct 2017 – 30 Sep 2018142
1 Oct 2016 – 30 Sep 2017149
1 Oct 2015 – 30 Sep 2016151
1 Oct 2014 – 30 Sep 201551
1 Oct 2013 – 30 Sep 201444
1 Oct 2012 – 30 Sep 2013147
1 Oct 2011 – 30 Sep 2012150
1 Oct 2010 – 30 Sep 2011124
1 Oct 2009 – 30 Sep 2010154
1 Oct 2008 – 30 Sep 2009175
1 Oct 2007 – 30 Sep 2008152
1 Oct 2006 – 30 Sep 2007151
1 Oct 2005 – 30 Sep 2006142

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
CEOAase Margrethe OdfeldtCurrent
CEOAase Margrethe Odfeldt
CEOKurt Roland West
Owner (100%)Aase Margrethe OdfeldtCurrent
Owner (50%)Kurt Roland West
Owner (50%)Aase Margrethe Odfeldt
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorAamann & Nørbak I/S
AuditorAAMANN & NØRBAK INVEST ApS
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB

The CEOs' other companies

Aase Margrethe Odfeldt – 1 other companies

Kurt Roland West – 3 other companies, of which 2 bankrupt

Address history (0 moves)

Todbølvej 16, 7752 Snedsted

Former names

WESTAG ApS – now
REAMED ApS –

Employees per year

Number of employees at WESTAG ApS per year482005: 720052006: 820062007: 720072008: 220082009: 220092011: 220112012: 220122013: 02013

Other companies at the same address

Similar companies in Thisted

Questions and answers about WESTAG ApS

Has WESTAG ApS gone bankrupt?

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

What is the bankruptcy risk of WESTAG ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of WESTAG ApS?

Aase Margrethe Odfeldt is the CEO of WESTAG ApS.

Who is the auditor of WESTAG ApS?

WESTAG ApS most recently used REVIFJORD Godkendt Revisionspartnerselskab.

When was WESTAG ApS founded?

WESTAG ApS was founded on 18 May 1982.

What is the equity of WESTAG ApS?

Equity was DKK 2.5m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.