TIMOHE HOLDING A/S

CVR 12118686 · Public limited company (A/S) · Active · Low risk

TIMOHE HOLDING A/S is a Public limited company (A/S), founded on , based in Langeskov. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 0.0% 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 Jun 2025) shows equity of DKK 13.8m and a net result of DKK 4.4m.

Bankruptcy risk for TIMOHE HOLDING A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
12118686
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
c/o FYNS GALVANISERING A/S, Mosevænget 5
5550 Langeskov
Municipality
Kerteminde
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
0 (1998)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio81.6%
Current ratio4%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 84kDKK 84k
Net profitDKK 4.4mDKK 2.7m
EquityDKK 13.8mDKK 10.1m
Total assetsDKK 16.9mDKK 13.1m
CashDKK 73k–
Short-term debtDKK 3.1m–
Tax owedDKK 1.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025148
1 Jul 2023 – 30 Jun 2024141
1 Jul 2022 – 30 Jun 2023143
1 Jul 2021 – 30 Jun 2022145
1 Jul 2020 – 30 Jun 2021141
1 Jul 2019 – 30 Jun 2020150
1 Jul 2018 – 30 Jun 2019150
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016155
1 Jul 2014 – 30 Jun 2015155
1 Jul 2013 – 30 Jun 2014155
1 Jul 2012 – 30 Jun 2013156
1 Jul 2011 – 30 Jun 2012149
1 Jul 2010 – 30 Jun 2011136
1 Jul 2009 – 30 Jun 2010116
1 Jul 2008 – 30 Jun 2009147
1 Jul 2007 – 30 Jun 2008104
1 Jul 2006 – 30 Jun 2007102
1 Jul 2005 – 30 Jun 2006115

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
CEOFrits Niegel
CEOMogens Nygaard Nielsen
CEOPoul Kristian Hansen
CEOMorten Nygaard Nielsen
CEOMogens Nygaard Nielsen
BoardMorten Nygaard NielsenCurrent
BoardFranz Josef ZitzCurrent
BoardMogens Nygaard NielsenCurrent
BoardTina Nygaard PriesterCurrent
BoardHeidi Nygaard JasemCurrent
BoardFrits Niegel
BoardPoul Kristian Hansen
BoardPeter Marius Thuemann Madsen
BoardIb Kristensen
BoardAnna Margit Hansen
BoardPer Bjørn
BoardInger Juul Hansen
BoardLisbet Niegel
BoardFranz Josef Zitz
BoardMogens Nygaard Nielsen
BoardHans Laurits Johansen
BoardMorten Nygaard Nielsen
BoardMorten Nygaard Nielsen
BoardFranz Josef Zitz
BoardMogens Nygaard Nielsen
Owner (10%)Mogens Nygaard NielsenCurrent
Owner (25%)Morten Nygaard NielsenCurrent
Owner (25%)Tina Nygaard PriesterCurrent
Owner (25%)Heidi Nygaard JasemCurrent
Owner (25%)Mogens Nygaard Nielsen
Owner (25%)Morten Nygaard Nielsen
Owner (25%)Tina Nygaard Priester
Owner (25%)Heidi Nygaard Jasem
Owner (10%)Mogens Nygaard Nielsen
Owner (25%)Morten Nygaard Nielsen
Owner (25%)Tina Nygaard Priester
Owner (25%)Heidi Nygaard Jasem
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorErik Holm Christensen
AuditorREVISIONSFIRMAET L. LARSEN A/S, STATSAUTORISEREDE REVISORER
AuditorAKTIESELSKABET AF 16/8 1991
FounderPoul Kristian HansenCurrent
FounderPeter Marius Thuemann MadsenCurrent
FounderIb KristensenCurrent

The CEOs' other companies

Frits Niegel – 7 other companies, of which 1 bankrupt

Mogens Nygaard Nielsen – 3 other companies, of which 1 bankrupt

Poul Kristian Hansen – 1 other companies

Morten Nygaard Nielsen – 2 other companies

Address history (3 moves)

c/o FYNS GALVANISERING A/S, Mosevænget 5, 5550 Langeskov
Borsvinget 8, 5320 Agedrup
Mosevænget 5, 5550 Langeskov
Mosevænget 5, 5550 Langeskov

Former names

TIMOHE HOLDING A/S – now
FYNS VARM GALVANISERING A/S –
FYNS GALVANISERING A/S –

Employees per year

Number of employees at TIMOHE HOLDING A/S per year231997: 319971998: 01998

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about TIMOHE HOLDING A/S

Has TIMOHE HOLDING A/S gone bankrupt?

No, TIMOHE HOLDING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIMOHE HOLDING A/S?

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

Who is the auditor of TIMOHE HOLDING A/S?

TIMOHE HOLDING A/S most recently used EY Godkendt Revisionspartnerselskab.

When was TIMOHE HOLDING A/S founded?

TIMOHE HOLDING A/S was founded on 29 December 1987.

What is the equity of TIMOHE HOLDING A/S?

Equity was DKK 13.8m according to the annual report for the period ending 30 June 2025.

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