CWD Group ApS

Private limited companyCVR 38189123København KActive

CWD Group ApS is a private limited company, based in København K, active in other repair and maintenance of motor vehicles n.e.c., founded in 2016. The company made a loss in both 2024 and 2025, most recently DKK 2.8m. Operations are spread over 6 production units in 6 towns. With 34 employees, the company is about 9 times larger than the industry median.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 6.7m+13.3% vs. 2024

Net profit−DKK 2.8m+36.9% vs. 2024

EquityDKK 769k−70.9% vs. 2024

Employees34latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 13% (2024 → 2025), to DKK 6.7m.
The loss got smaller: from DKK 4.4m to DKK 2.8m (2024 → 2025).
Equity fell 71% (2024 → 2025), to DKK 769k.

Employees

1 more employees than a year earlier: 34 (07/2026) against 33 (07/2025).

Registrations, last 24 months

01/01/2025: Industry changed to Other repair and maintenance of motor vehicles n.e.c. (953190)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for CWD Group ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	3,466	4,653	5,820	5,556	5,931	6,723	+13.3%
Operating profit (EBIT)	−2,086	−1,821	−1,679	−2,969	−3,054	−2,571	+15.8%
Profit before tax	−2,451	−2,364	−2,215	−4,046	−4,359	−3,694	+15.3%
Net profit	−2,451	−2,364	−2,215	−4,046	−4,359	−2,752	+36.9%
Total assets	29,778	25,565	37,020	35,495	37,083	36,956	−0.3%
Equity	14,333	11,970	9,755	7,004	2,645	769	−70.9%
Liabilities	15,445	13,596	25,266	27,491	33,438	35,187	+5.2%
Cash and cash equivalents	6,579	1,001	1,410	111	0	–	–
Average number of employees	6	10	–	15	15	10	−33.3%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (1,294 companies)

Gross profitMedian, the industry (1,294 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 71% from 2024 to 2025 (DKK 2.6m to DKK 769k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 2% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
Fewer employees
The number of employees fell 33% from 15 in 2024 to 10 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years

Annual reports for CWD Group ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	30/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	01/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	28/05/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	14/07/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	08/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	21/06/2021	The company	PDF XBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR

Employees

Position in the industry

1,294 companies in the database

Comparison with the other companies in other repair and maintenance of motor vehicles n.e.c. based on the latest financial year.

Gross profitDKK 6.7mNo. 140 of 1,294

Better than 89% of the companies in the industry

EquityDKK 769kNo. 768 of 1,294

Better than 41% of the companies in the industry

Number of employees34No. 162 of 1,294

Better than 88% of the companies in the industry

Industry median: gross profit DKK 2.3m, net profit DKK 235k, equity DKK 1.1m, 4 employees.

Distribution of gross profit for 1,261 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form

Rank among similar companies
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 6,956of 9,892 Better than 30%	No. 7,806of 9,922 Better than 21%
Same industry and 20–49 employees62 companies in the comparison	No. 53of 62 Better than 15%	No. 55of 62 Better than 11%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 6,549of 33,588 Better than 81%	No. 17,193of 33,687 Better than 49%
All companies of type ApS66,508 companies in the comparison	No. 9,936of 66,379 Better than 85%	No. 32,885of 66,505 Better than 51%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Other repair and maintenance of motor vehicles n.e.c.

Gross profit

CWD Group ApSDKK 6.7m
Carglass A/SDKK 172.4m
Quickpoint A/SDKK 122.9m

Net profit

CWD Group ApS−DKK 2.8m
Carglass A/SDKK 25.4m
Quickpoint A/SDKK 28.7m

Equity

CWD Group ApSDKK 769k
Carglass A/SDKK 50.4m
Quickpoint A/SDKK 50.5m

Employees

CWD Group ApS34
Carglass A/S284
Quickpoint A/S207

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register

Owners

Dki 2017 ApS100%

CWD Group ApS

Management

6 active registrations

Executive management

Executive management at CWD Group ApS
Name	Role	Appointed
Søren Greve	CEO	07/05/2024
Kristoffer Andersen	Director	07/05/2024

Board of directors

Board of directors at CWD Group ApS
Name	Role	Appointed
Mads Christian Olesen	Deputy chair	03/10/2022
Ole Steen Andersen	Chair of the board	03/10/2022
Søren Greve	Board member	03/10/2022
Kasper Steen Andersen	Board member	03/10/2022

Founders: IMO Denmark Holdings Ltd.

Former management (19)

Former management at CWD Group ApS
Name	Role	Appointed	Resigned
Ole Steen Andersen	Board member	17/11/2016	15/03/2022
Søren Greve	CEO	17/11/2016	15/03/2022
Kristoffer Andersen	Director	17/11/2016	30/09/2022
Jonathan Booth	Board member	17/11/2016	24/05/2019
Nilesh Pandya	Board member	17/11/2016	24/05/2019
Marcel van Brakel	Board member	17/11/2016	24/05/2019
Tom Bruce Mangas	Chair of the board	24/05/2019	09/01/2020
Wayne Peter Munnelly	Board member	24/05/2019	12/03/2021
Louise Karen Porter	Board member	24/05/2019	01/08/2021
Jonathan Robert White	Chair of the board	12/03/2021	16/03/2022
Tracy Ann Gehlan	Board member	01/08/2021	16/03/2022
Victoria Emma Richards	Board member	12/11/2021	16/03/2022
Mads Christian Olesen	Deputy chair	16/03/2022	30/09/2022
Ole Steen Andersen	Chair of the board	16/03/2022	30/09/2022
Søren Greve	Director	16/03/2022	30/09/2022
Søren Greve	Board member	16/03/2022	30/09/2022
Kasper Steen Andersen	Board member	16/03/2022	30/09/2022
Søren Greve	Director	03/10/2022	06/05/2024
Kristoffer Andersen	Director	03/10/2022	06/05/2024

Signing rule: Selskabet tegnes af bestyrelsesformanden sammen med et andet medlem af bestyrelsen eller af bestyrelsen i forening.

Address and production units

6 active production units

August Bournonvilles Passage 1
1055 København K

København Municipality · Postcode 1055

Other companies at the address (8)

Workday Denmark ApSComputer consultancy and computer facilities management
KR Kurs - Lieffroy ApSRestaurants and cafés
John Wiley & Sons A/SLeasing of intellectual property and similar products, except copyrighted works
Global Fund Search ApSBusiness and other management consultancy activities
GainEntry ApSNon-specialised wholesale of food, beverages and tobacco

Production units
Production unit	Address	Industry	Employees	P number
IMO Næstved	Næstved Storcenter 100A, 4700 Næstved	Other repair and maintenance of motor vehicles n.e.c.	12	1023432036
IMO Horsens	Lokesalle 32, 8700 Horsens	Other repair and maintenance of motor vehicles n.e.c.	7	1028758509
IMO Tilst	Agerøvej 1, 8381 Tilst	Other repair and maintenance of motor vehicles n.e.c.	7	1026843592
IMO Vejle	Solkilde Alle 2, 7100 Vejle	Other repair and maintenance of motor vehicles n.e.c.	7	1023751115
CWD Group ApS	August Bournonvilles Passage 1, 1055 København K	Other repair and maintenance of motor vehicles n.e.c.	2	1021932627
IMO Bilvask - Odense	Niels Bohrs Allé 150, 5230 Odense M	Other repair and maintenance of motor vehicles n.e.c.	1	1032709881

Purpose

Selskabets formål er at finde grunde i Danmark med henblik på etablering af en forretning for transportbåndsbilvask i Danmark, forhandling af vilkårene for erhvervelsen af sådanne grunde og effektiv ledelse af byggeriet og drift af transportbåndsbilvasken på sådanne grunde samt eventuelle aktiviteter i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

90 registered events

122016

92017

42018

132019

82020

62021

292022

12023

52024

22025

12026

20261 changeaccounts 1

30/06AccountsAnnual report for 2025 published

20252 changesaccounts 1 · industry 1

01/07AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Other repair and maintenance of motor vehicles n.e.c. (953190)

20245 changesaccounts 1 · management 4

28/05AccountsAnnual report for 2023 published
07/05ManagementSøren Greve appointed ceo
07/05ManagementKristoffer Andersen appointed director
06/05ManagementSøren Greve stepped down as director
06/05ManagementKristoffer Andersen stepped down as director

20231 changeaccounts 1

14/07AccountsAnnual report for 2022 published

202229 changesstatus 2 · management 22 · accounts 1 · name 1 · ownership 3

11/11StatusStatus changed to active
03/10ManagementSøren Greve appointed board member
03/10ManagementOle Steen Andersen appointed chair of the board
03/10ManagementMads Christian Olesen appointed deputy chair
03/10ManagementSøren Greve appointed director
03/10ManagementKristoffer Andersen appointed director
03/10ManagementKasper Steen Andersen appointed board member
30/09StatusStatus changed to under compulsory dissolution
30/09ManagementMads Christian Olesen stepped down as deputy chair
30/09ManagementOle Steen Andersen stepped down as chair of the board
30/09ManagementSøren Greve stepped down as director
30/09ManagementSøren Greve stepped down as board member
30/09ManagementKasper Steen Andersen stepped down as board member
30/09ManagementKristoffer Andersen stepped down as director
08/06AccountsAnnual report for 2021 published
16/03NameName changed from IMO Denmark ApS to CWD Group ApS
16/03ManagementMads Christian Olesen appointed deputy chair
16/03ManagementOle Steen Andersen appointed chair of the board
16/03ManagementSøren Greve appointed director
16/03ManagementSøren Greve appointed board member
16/03ManagementKasper Steen Andersen appointed board member
16/03ManagementVictoria Emma Richards stepped down as board member
16/03ManagementTracy Ann Gehlan stepped down as board member
16/03ManagementJonathan Robert White stepped down as chair of the board
16/03OwnershipDKI 2017 ApS registered as owner (100%)
16/03OwnershipIMO Denmark Holdings Ltd. is no longer registered as owner
15/03ManagementOle Steen Andersen stepped down as board member
15/03ManagementSøren Greve stepped down as ceo
15/03OwnershipDKI 2017 ApS is no longer registered as owner

20216 changesmanagement 5 · accounts 1

12/11ManagementVictoria Emma Richards appointed board member
01/08ManagementTracy Ann Gehlan appointed board member
01/08ManagementLouise Karen Porter stepped down as board member
21/06AccountsAnnual report for 2020 published
12/03ManagementJonathan Robert White appointed chair of the board
12/03ManagementWayne Peter Munnelly stepped down as board member

20208 changescapital 3 · ownership 4 · management 1

18/11CapitalShare capital changed from 85,000 DKK to 88,000 DKK
02/10CapitalShare capital changed from 81,800 DKK to 85,000 DKK
20/03CapitalShare capital changed from 81,200 DKK to 81,800 DKK
20/03OwnershipDKI 2017 ApS registered as owner (25%)
20/03OwnershipIMO Denmark Holdings Ltd. registered as owner (66.67%)
19/03OwnershipDKI 2017 ApS is no longer registered as owner
19/03OwnershipIMO Denmark Holdings Ltd. is no longer registered as owner
09/01ManagementTom Bruce Mangas stepped down as chair of the board

201913 changescapital 3 · ownership 4 · management 6

04/10CapitalShare capital changed from 80,200 DKK to 81,200 DKK
04/10OwnershipDKI 2017 ApS registered as owner (25%)
04/10OwnershipIMO Denmark Holdings Ltd. registered as owner (66.67%)
03/10OwnershipDKI 2017 ApS is no longer registered as owner
03/10OwnershipIMO Denmark Holdings Ltd. is no longer registered as owner
24/05CapitalShare capital changed from 79,000 DKK to 80,200 DKK
24/05ManagementTom Bruce Mangas appointed chair of the board
24/05ManagementLouise Karen Porter appointed board member
24/05ManagementWayne Peter Munnelly appointed board member
24/05ManagementJonathan Booth stepped down as board member
24/05ManagementMarcel van Brakel stepped down as board member
24/05ManagementNilesh Pandya stepped down as board member
22/01CapitalShare capital changed from 78,500 DKK to 79,000 DKK

20184 changescapital 4

28/11CapitalShare capital changed from 77,500 DKK to 78,500 DKK
02/07CapitalShare capital changed from 75,500 DKK to 77,500 DKK
16/05CapitalShare capital changed from 73,500 DKK to 75,500 DKK
15/03CapitalShare capital changed from 72,300 DKK to 73,500 DKK

20179 changescapital 3 · ownership 5 · address 1

11/12CapitalShare capital changed from 69,000 DKK to 72,300 DKK
30/06CapitalShare capital changed from 65,000 DKK to 69,000 DKK
10/03CapitalShare capital changed from 57,500 DKK to 65,000 DKK
10/03OwnershipDKI 2017 ApS registered as owner (25%)
10/03OwnershipIMO Denmark Holdings Ltd. registered as owner (66.67%)
10/03OwnershipIMO Denmark Holdings Ltd. is no longer registered as owner
09/03OwnershipIMO Denmark Holdings Ltd. is no longer registered as owner
09/03OwnershipDKI 2017 ApS is no longer registered as owner
10/01AddressMoved to August Bournonvilles Passage 1, 1055 København K

201612 changesindustry 1 · capital 1 · ownership 3 · founded 1 · management 6

23/12IndustryIndustry changed to Autoreparationsværksteder mv. (452010)
19/12CapitalShare capital changed from 50,000 DKK to 57,500 DKK
19/12OwnershipIMO Denmark Holdings Ltd. registered as owner (66.67%)
17/11FoundedRegistered as IMO Denmark ApS
17/11ManagementOle Steen Andersen appointed board member
17/11ManagementJonathan Booth appointed board member
17/11ManagementKristoffer Andersen appointed director
17/11ManagementSøren Greve appointed ceo
17/11ManagementMarcel van Brakel appointed board member
17/11ManagementNilesh Pandya appointed board member
17/11OwnershipDKI 2017 ApS registered as owner (25%)
17/11OwnershipIMO Denmark Holdings Ltd. registered as owner (67%)

Related companies

Same industry in København

Wash World ApS62 employees
SteamGreen ApS25 employees
Dansk Busglas ApS14 employees
Quick Autoservice ApS11 employees
Franske Biler ApS10 employees
Sølbeck Autoservice ApS9 employees

See all →

Same people in management

COWI A/Svia Ole Steen Andersen
Danfoss A/Svia Ole Steen Andersen
H. Lundbeck A/Svia Ole Steen Andersen
Danfoss Power Electronics A/Svia Ole Steen Andersen
Munck Forsyningsledninger A/Svia Søren Greve
Ahlsell Danmark A/Svia Ole Steen Andersen

Largest in the industry

Carglass A/SDKK 172.4m
Quickpoint A/SDKK 122.9m
Auto Group Nordvest A/SDKK 120.4m
Ketner A/SDKK 101m
Wash World ApSDKK 96.3m
Dansk Bilglas A/SDKK 69.7m

See all →

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction