THVILUM A/S

CVR 17756206 · Public limited company (A/S) · Active · Low risk

THVILUM A/S is a Public limited company (A/S), founded on , based in Skanderborg. The company is registered in the industry computerprogrammering. 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 8.6m and a net result of DKK 5.0m. CEO: Vibeke Thougård Nielsen.

Bankruptcy risk for THVILUM A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%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×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
17756206
Status
Active
Company type
Public limited company (A/S)
Founded
(32 years)
Address
Industrivej 28, 1.
8660 Skanderborg
Municipality
Skanderborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
17 (2018)
Auditor
CHRISTENSEN & KJÆR STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio62.8%
Current ratio255%
Moves (last 2 years)1
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 14.3mDKK 11.1m
Net profitDKK 5.0mDKK 230k
EquityDKK 8.6mDKK 3.6m
Total assetsDKK 13.7mDKK 7.5m
CashDKK 1.6m–
Short-term debtDKK 5.1m–
Tax owedDKK 1.4m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · christensen & kjær.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 202379
1 Jan 2022 – 31 Dec 202266
1 Jan 2021 – 31 Dec 202154
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 201959
1 Jan 2018 – 31 Dec 201857
1 Jan 2017 – 31 Dec 2017102
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201345
1 Jan 2012 – 31 Dec 201253
1 Jan 2011 – 31 Dec 201171
1 Jan 2010 – 31 Dec 201076
1 Jan 2009 – 31 Dec 200959
1 Jan 2008 – 31 Dec 200875
1 Jan 2007 – 31 Dec 200791
1 Jan 2006 – 31 Dec 200693

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
CEOVibeke Thougård NielsenCurrent
CEOCarl Jesper Thvilum
CEOHanne Fiil Thvilum
CEOHanne Fiil Thvilum
CEOTor Hyldkrog
CEOHans Henrik Jensen
BoardMette DamgaardCurrent
BoardSøren Okholm KvorningCurrent
BoardAnders Borresen MoosCurrent
BoardCarl Jesper Thvilum
BoardMads Fiil Thvilum
BoardHanne Fiil Thvilum
BoardAnnette Serafia Fiil Thvilum
BoardMads Wackes Sckerl
BoardJon Hald Iversen
BoardHenrik Rom
BoardFlemming Bent Thomsen
BoardFlemming Bent Thomsen
BoardHans Henrik Jensen
BoardHenrik Rom
BoardThomas Tang Ravnkilde
Owner (100%)KAMSTRUP A/SCurrent
Owner (67%)THVILUM HOLDING ApS
Owner (10%)MADS THVILUM HOLDING APS
Owner (10%)ANNETTE THVILUM HOLDING APS
AuditorCHRISTENSEN & KJÆR STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorKJS INVEST ApS
AuditorAKTIESELSKABET AF 18.5 1993
FounderCarl Jesper ThvilumCurrent
FounderHanne Fiil ThvilumCurrent

The CEOs' other companies

Vibeke Thougård Nielsen – 4 other companies

Carl Jesper Thvilum – 3 other companies

Hanne Fiil Thvilum – 2 other companies

Tor Hyldkrog – 1 other companies

Hans Henrik Jensen – 1 other companies

Address history (4 moves)

Industrivej 28, 1., 8660 Skanderborg
Aabygade 10, 8300 Odder
Rønhøjvej 12, 8300 Odder
Rosensgade 4, 8300 Odder
Rosensgade 23, 8300 Odder

Former names

THVILUM A/S – now
THVILUM ApS –

Employees per year

Number of employees at THVILUM A/S per year9172011: 1120112012: 1620122013: 1220132014: 1220142015: 1420152016: 1320162017: 1220172018: 172018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about THVILUM A/S

Has THVILUM A/S gone bankrupt?

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

What is the bankruptcy risk of THVILUM 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 THVILUM A/S?

Vibeke Thougård Nielsen is the CEO of THVILUM A/S.

Who is the auditor of THVILUM A/S?

THVILUM A/S most recently used CHRISTENSEN & KJÆR STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was THVILUM A/S founded?

THVILUM A/S was founded on 18 April 1994.

What is the equity of THVILUM A/S?

Equity was DKK 8.6m 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.