TIMM MØBLER. RANDERS A/S

CVR 20170581 · Public limited company (A/S) · Active · Low risk

TIMM MØBLER. RANDERS A/S is a Public limited company (A/S), founded on , based in Randers SØ. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.3 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 1.5m and a net result of DKK -204k. CEO: Leif Erik Damsgaard Laustsen.

Bankruptcy risk for TIMM MØBLER. RANDERS A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
20170581
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Århusvej 111
8960 Randers SØ
Municipality
Randers
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 600k
Employees
7 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 29
Missing annual reportNo
Negative equityNo
Equity ratio22.2%
Current ratio217%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 2.1mDKK 2.2mDKK 2.2m
Net profitDKK -204kDKK 226kDKK -213k
EquityDKK 1.5mDKK 1.7mDKK 1.5m
Total assetsDKK 6.8mDKK 6.3mDKK 6.4m
CashDKK 1,401DKK 2,119–
Short-term debtDKK 3.0mDKK 2.2m–
Avg. employees65–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202697
1 Jul 2024 – 30 Jun 2025122
1 Jul 2023 – 30 Jun 2024134
1 Jul 2022 – 30 Jun 2023108
1 Jul 2021 – 30 Jun 2022125
1 Jul 2020 – 30 Jun 2021141
1 Jul 2019 – 30 Jun 2020127
1 Jul 2018 – 30 Jun 2019128
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017144
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014154
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012156
1 Jul 2010 – 30 Jun 2011154
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009155
1 Jul 2007 – 30 Jun 2008154
1 Jul 2006 – 30 Jun 2007155

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
CEOLeif Erik Damsgaard LaustsenCurrent
CEOPoul Erik Rasmus Timm
BoardAlice Kirsten Skou TimmCurrent
BoardLeif Erik Damsgaard LaustsenCurrent
BoardAne-Mette Timm Damsgaard LaustsenCurrent
BoardPoul Erik Kesting
BoardPoul Erik Rasmus Timm
Owner (100%)TIMM HOLDING, RANDERS ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorKPMG C JESPERSEN I/S
AuditorJørn-Ulrik Vejlby
AuditorJCN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorJOKE, RANDERS A/S
Auditor18. juni 2024 P/S
FounderPoul Erik KestingCurrent
FounderPoul Erik Rasmus TimmCurrent
FounderAlice Kirsten Skou TimmCurrent

The CEOs' other companies

Poul Erik Rasmus Timm – 4 other companies, of which 1 bankrupt

Address history (3 moves)

Århusvej 111, 8960 Randers SØ
Århusvej 111, 8960 Randers SØ
Århusvej 111, 8940 Randers SV
Århusvej 111, 8900 Randers C

Employees per year

Number of employees at TIMM MØBLER. RANDERS A/S per year592011: 920112012: 920122013: 920132014: 820142015: 620152016: 720162017: 720172018: 72018

Similar companies in Randers

Questions and answers about TIMM MØBLER. RANDERS A/S

Has TIMM MØBLER. RANDERS A/S gone bankrupt?

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

What is the bankruptcy risk of TIMM MØBLER. RANDERS A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of TIMM MØBLER. RANDERS A/S?

Leif Erik Damsgaard Laustsen is the CEO of TIMM MØBLER. RANDERS A/S.

Who is the auditor of TIMM MØBLER. RANDERS A/S?

TIMM MØBLER. RANDERS A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was TIMM MØBLER. RANDERS A/S founded?

TIMM MØBLER. RANDERS A/S was founded on 30 June 1997.

What is the equity of TIMM MØBLER. RANDERS A/S?

Equity was DKK 1.5m according to the annual report for the period ending 30 June 2026.

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