TWT A/S

CVR 20213000 · Public limited company (A/S) · Active · Low risk

TWT A/S is a Public limited company (A/S), founded on , based in Skive. The company is registered in the industry fremstilling af håndværktøj. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 713k and a net result of DKK 154k. CEO: Werner Jørgensen.

Bankruptcy risk for TWT A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
20213000
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Fabriksvej 6
7800 Skive
Municipality
Skive
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
11 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio19.6%
Current ratio125%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.7mDKK 2.5m
Net profitDKK 154kDKK -747k
EquityDKK 713kDKK 559k
Total assetsDKK 3.6mDKK 3.3m
CashDKK 1.8m–
Short-term debtDKK 2.9m–
Avg. employees8–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 2022114
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020152
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017120
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014150
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007135
1 Jan 2006 – 31 Dec 2006134

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
CEOWerner JørgensenCurrent
BoardWerner JørgensenCurrent
BoardThomas Wiinberg JørgensenCurrent
BoardTorben Engberg JensenCurrent
BoardOle Refsgaard Lund
BoardTorben Engberg Jensen
BoardPoul Valter Toft
BoardJørgen Johannesen
BoardPer Steen Sørensen
Owner (33%)T E JENSEN HOLDING ApSCurrent
Owner (33%)W J HOLDING ApSCurrent
Owner (20%)TWJ Holding Skive ApSCurrent
Owner (50%)T E JENSEN HOLDING ApS
Owner (50%)W J HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorAKTIESELSKABET AF 10.01.2000
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
FounderWerner JørgensenCurrent
FounderTorben Engberg JensenCurrent

The CEOs' other companies

Werner Jørgensen – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Fabriksvej 6, 7800 Skive
Fabriksvej 6, 7800 Skive
Fabriksvej 6, 7800 Skive

Employees per year

Number of employees at TWT A/S per year7132011: 1320112012: 1120122013: 1320132014: 1120142015: 1320152016: 1220162017: 1320172018: 112018

Other companies at the same address

Similar companies in Skive

Questions and answers about TWT A/S

Has TWT A/S gone bankrupt?

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

What is the bankruptcy risk of TWT A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of TWT A/S?

Werner Jørgensen is the CEO of TWT A/S.

Who is the auditor of TWT A/S?

TWT A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TWT A/S founded?

TWT A/S was founded on 6 August 1997.

What is the equity of TWT A/S?

Equity was DKK 713k 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.