SWM TRADING ApS

CVR 75114214 · Private limited company (ApS) · Active · Low risk

SWM TRADING ApS is a Private limited company (ApS), founded on 25 June 1984, based in Ikast. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK -249k. CEO: Søren Wichmann Madsen.

Bankruptcy risk for SWM TRADING ApS

0.1%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

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×

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×

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×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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: 75114214
Status: Active
Company type: Private limited company (ApS)
Founded: 25 June 1984 (42 years)
Address: c/o Partner-Revision, Thrigesvej 3
7430 Ikast
Municipality: Ikast-Brande
Industry: Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 200k
Employees: 0 (2016)
Auditor: Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	7 of 31
Missing annual report	No
Negative equity	No
Equity ratio	84.1%
Current ratio	387%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	1
Other companies at the address	22
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -30k	DKK -17k	DKK -72k
Net profit	DKK -249k	DKK -128k	DKK -19k
Equity	DKK 1.1m	DKK 1.4m	DKK 1.6m
Total assets	DKK 1.3m	DKK 1.6m	DKK 1.8m
Cash	DKK 47k	DKK 79k	–
Short-term debt	DKK 206k	DKK 210k	–
Avg. employees	1	1	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	28 Jun 2026	179
1 Jan 2024 – 31 Dec 2024	25 Jun 2025	176
1 Jan 2023 – 31 Dec 2023	18 Jun 2024	170
1 Jan 2022 – 31 Dec 2022	3 Jul 2023	184	Late
1 Jan 2021 – 31 Dec 2021	29 Jun 2022	180
1 Jan 2020 – 31 Dec 2020	20 May 2021	140
1 Jan 2019 – 31 Dec 2019	22 Jun 2020	174
1 Jan 2018 – 31 Dec 2018	29 Apr 2019	119
1 Jan 2017 – 31 Dec 2017	24 May 2018	144
1 Jan 2016 – 31 Dec 2016	30 Mar 2017	89
1 Jan 2015 – 31 Dec 2015	13 May 2016	134
1 Jan 2014 – 31 Dec 2014	13 May 2015	133
1 Jan 2013 – 31 Dec 2013	2 Jun 2014	153
1 Jan 2012 – 31 Dec 2012	23 May 2013	143
1 Jan 2011 – 31 Dec 2011	17 May 2012	138
1 Jan 2010 – 31 Dec 2010	6 Jun 2011	157
1 Jan 2009 – 31 Dec 2009	3 Jun 2010	154
1 Jan 2008 – 31 Dec 2008	7 Jun 2009	158
1 Jan 2007 – 31 Dec 2007	17 Jun 2008	169
1 Jan 2006 – 31 Dec 2006	25 Jun 2007	176

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

Role	Name	From	To
CEO	Søren Wichmann Madsen	25 Jun 1984	Current
Owner (100%)	Søren Wichmann Madsen	27 Jun 2011	Current
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	25 Jun 1984	27 May 2011
Auditor	J. HØJMOSE KRISTENSEN A/S	25 Jun 1984	2 Aug 1988

The CEOs' other companies

Søren Wichmann Madsen – 9 other companies, of which 2 bankrupt

DANCO PRODUCTION A/S. Bankrupt 14 Apr 1994
PRODUKTIONSSELSKABET AF 18.01.1995 A/S Bankrupt 10 Mar 1995
CWM HOLDING ApS Compulsorily dissolved
CWM MASKINUDLEJNING A/S Compulsorily dissolved
D.W. FINANS A/S Opløst
DANORI INVEST A/S Opløst
Ejendomsselskabet af 1/9 1987 ApS Fusioneret
IMP TEXTILE ApS Opløst
TEX-TRADE ApS Compulsorily dissolved

Address history (6 moves)

3 Nov 2021	c/o Partner-Revision, Thrigesvej 3, 7430 Ikast
4 Sep 2017	c/o Partner-Revision, Thrigesvej 3, 7430 Ikast
8 Jan 2008	c/o Admipartner Ikast ApS, Thorsgade 2, 7430 Ikast
1 Jan 2007	Strøget 50, 1. tv, 7430 Ikast
12 Jun 2006	Strøget 50, 1. tv, 7430 Ikast
30 Sep 1999	Gl Kongevej 55, 7442 Engesvang
25 Jun 1984	Industrivej 36D, 7430 Ikast

Former names

SWM TRADING ApS	30 Sep 1999 – now
WICHA-TEX ApS	25 Jun 1984 – 29 Sep 1999

Employees per year

Other companies at the same address

BOGIKA FINANS ApS Bankrupt
Best ISO ApS Bankrupt
CLAUS SØNDERBORG ApS Bankrupt
IKAST BIOGRAFBYGNING A/S Bankrupt
Proff ISO ApS Bankrupt
BOLDSEN-ERIKSEN INVEST ApS Active
DANORI INVEST A/S Opløst
HC Holding Ikast ApS Compulsorily dissolved
HG Isolering IVS Opløst
INVESTERINGSSELSKABET THRIGESVEJ 3, IKAST ApS Opløst
KARD SR A/S Opløst
LIPA INVEST ApS Opløst
LLENTAB ApS Active
MBV 78 III ApS Fusioneret
MBV 78 IV ApS Fusioneret
MBV 78 V ApS Fusioneret
MEST INVEST DK ApS Active
PHOENIX TRADE GROUP ApS Compulsorily dissolved
PR INVEST IKAST ApS Opløst
REAC A/S Opløst
TRS HOLDING AF 1. DECEMBER 1998 ApS Active
Teknisk Isolering Bording ApS Active

Similar companies in Ikast-Brande

Questions and answers about SWM TRADING ApS

Has SWM TRADING ApS gone bankrupt?

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

What is the bankruptcy risk of SWM TRADING 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 SWM TRADING ApS?

Søren Wichmann Madsen is the CEO of SWM TRADING ApS.

Who is the auditor of SWM TRADING ApS?

SWM TRADING ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was SWM TRADING ApS founded?

SWM TRADING ApS was founded on 25 June 1984.

What is the equity of SWM TRADING ApS?

Equity was DKK 1.1m 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.