TIMBER TEAM INTERNATIONAL A/S

CVR 15285478 · Public limited company (A/S) · Active · Low risk

TIMBER TEAM INTERNATIONAL A/S is a Public limited company (A/S), founded on , based in Glostrup. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. 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 (31 Dec 2025) shows equity of DKK 6.1m and a net result of DKK 1.2m. CEO: Niels Bock-Pedersen, Kim Sunesen.

Bankruptcy risk for TIMBER TEAM INTERNATIONAL A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
15285478
Status
Active
Company type
Public limited company (A/S)
Founded
(35 years)
Address
Naverland 2
2600 Glostrup
Municipality
Albertslund
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
5 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio38.1%
Current ratio160%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address334
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.3mDKK 4.0m
Net profitDKK 1.2mDKK 1.0m
EquityDKK 6.1mDKK 5.4m
Total assetsDKK 16.1mDKK 11.3m
CashDKK 40k–
Short-term debtDKK 10.0m–
Tax owedDKK 352k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202527
1 Jan 2024 – 31 Dec 202443
1 Jan 2023 – 31 Dec 202310
1 Jan 2022 – 31 Dec 202220
1 Jan 2021 – 31 Dec 202113
1 Jan 2020 – 31 Dec 202012
1 Jan 2019 – 31 Dec 201915
1 Jan 2018 – 31 Dec 201814
1 Jan 2017 – 31 Dec 201724
1 Jan 2016 – 31 Dec 201624
1 Jan 2015 – 31 Dec 201533
1 Jan 2014 – 31 Dec 201451
1 Jan 2013 – 31 Dec 201330
1 Jan 2012 – 31 Dec 201230
1 Jan 2011 – 31 Dec 201115
1 Jan 2010 – 31 Dec 201011
1 Jan 2009 – 31 Dec 200913
1 Jan 2008 – 31 Dec 200814
1 Jan 2007 – 31 Dec 200721
1 Jan 2006 – 31 Dec 200615

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
CEONiels Bock-PedersenCurrent
CEOKim SunesenCurrent
CEOIvar Lassen Skytt
CEOPer Emil Hasselbalch Stakemann
CEOIvan Knudsen
BoardIvar Lassen SkyttCurrent
BoardNiels Bock-PedersenCurrent
BoardBettina Charlotte BernhoftCurrent
BoardLisa Ulla Frost
BoardUlla Sonja Knudsen
BoardIvan Knudsen
BoardVibeke Irene Lassen Skytt
Owner (67%)SARDAN ApSCurrent
Owner (25%)Kim Sunesen Holding ApsCurrent
Owner (25%)Ivar Lassen Skytt
Owner (67%)SARDAN ApS
Owner (67%)Niels Bock-Pedersen
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorERNST & YOUNG DENMARK P/S
AuditorERNST & YOUNG DENMARK P/S
AuditorPETOMI ApS
AuditorALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderA/S PSE NR. 1680Current

The CEOs' other companies

Niels Bock-Pedersen – 3 other companies

Kim Sunesen – 22 other companies

Ivar Lassen Skytt – 15 other companies, of which 2 bankrupt

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Ivan Knudsen – 1 other companies

Address history (1 moves)

Naverland 2, 2600 Glostrup
Naverland 2, 2600 Glostrup

Former names

TIMBER TEAM INTERNATIONAL A/S – now
ApS SPKR 4 NR. 3298 –

Employees per year

Number of employees at TIMBER TEAM INTERNATIONAL A/S per year362011: 420112012: 620122013: 620132014: 620142015: 520152016: 520162017: 520172018: 52018

Other companies at the same address

Similar companies in Albertslund

Questions and answers about TIMBER TEAM INTERNATIONAL A/S

Has TIMBER TEAM INTERNATIONAL A/S gone bankrupt?

No, TIMBER TEAM INTERNATIONAL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIMBER TEAM INTERNATIONAL 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 CEO of TIMBER TEAM INTERNATIONAL A/S?

Niels Bock-Pedersen, Kim Sunesen are the CEOs of TIMBER TEAM INTERNATIONAL A/S.

Who is the auditor of TIMBER TEAM INTERNATIONAL A/S?

TIMBER TEAM INTERNATIONAL A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TIMBER TEAM INTERNATIONAL A/S founded?

TIMBER TEAM INTERNATIONAL A/S was founded on 1 July 1991.

What is the equity of TIMBER TEAM INTERNATIONAL A/S?

Equity was DKK 6.1m 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.