TANGORA SOFTWARE A/S

CVR 20608234 · Public limited company (A/S) · Active · Low risk

TANGORA SOFTWARE A/S is a Public limited company (A/S), founded on , based in Vedbæk. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% 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 4.8m and a net result of DKK -110k. CEO: Klaus Kortbæk.

Bankruptcy risk for TANGORA SOFTWARE A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
20608234
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Frydenlundsvej 30
2950 Vedbæk
Municipality
Rudersdal
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 713k
Employees
16 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityNo
Equity ratio64.7%
Current ratio219%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address125
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 8.6mDKK 8.8m
Net profitDKK -110kDKK -73k
EquityDKK 4.8mDKK 4.9m
Total assetsDKK 7.5mDKK 7.7m
CashDKK 2.5m–
Short-term debtDKK 1.6m–
Tax owedDKK 0–
Avg. employees11–

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 2025172
1 Jul 2023 – 30 Jun 2024150
1 Jul 2022 – 30 Jun 2023156
1 Jul 2021 – 30 Jun 2022144
1 Jul 2020 – 30 Jun 2021139
1 Jul 2019 – 30 Jun 2020136
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016151
1 Jul 2014 – 30 Jun 2015163
1 Jul 2013 – 30 Jun 2014154
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012121
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010151
1 Jul 2008 – 30 Jun 2009132
1 Jul 2007 – 30 Jun 2008155
1 Jul 2006 – 30 Jun 2007145
1 Jul 2005 – 30 Jun 2006151

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
CEOKlaus KortbækCurrent
CEOJens Pedersen Handberg
CEOErik Seifert
CEOJens Pedersen Handberg
BoardKlaus KortbækCurrent
BoardMartin Heltborg JensenCurrent
BoardJens Pedersen HandbergCurrent
BoardHenny Knudsen
BoardKjeld Nielsen
BoardNiels Pedersen Handberg
BoardNiels Egelund
BoardErik Seifert
BoardJens Pedersen Handberg
BoardErik Seifert
BoardMorten Grove Ditlevsen
Owner (25%)TANGORA SOFTWARE A/SCurrent
Owner (33%)Jens Pedersen HandbergCurrent
Owner (10%)Martin Heltborg JensenCurrent
Owner (10%)MGD INVEST ApSCurrent
Owner (10%)KLAUS KORTBÆK HOLDING ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKpmg C Jespersen
FounderFIGO A/SCurrent

The CEOs' other companies

Klaus Kortbæk – 3 other companies

Jens Pedersen Handberg – 7 other companies, of which 2 bankrupt

Erik Seifert – 4 other companies

Address history (6 moves)

Frydenlundsvej 30, 2950 Vedbæk
Agern Alle 5A, 2970 Hørsholm
Agern Alle 24, 2970 Hørsholm
Bøge Alle 5, 2970 Hørsholm
Lyngsø Alle 3, 2970 Hørsholm
Niels Jernes Vej 10, 9220 Aalborg Øst
Maren Turis Gade 2, 9000 Aalborg

Former names

TANGORA SOFTWARE A/S – now
HOMESOFT A/S –

Employees per year

Number of employees at TANGORA SOFTWARE A/S per year11212011: 1620112012: 1620122013: 1720132014: 1820142015: 2120152016: 1620162017: 1620172018: 162018

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about TANGORA SOFTWARE A/S

Has TANGORA SOFTWARE A/S gone bankrupt?

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

What is the bankruptcy risk of TANGORA SOFTWARE A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TANGORA SOFTWARE A/S?

Klaus Kortbæk is the CEO of TANGORA SOFTWARE A/S.

Who is the auditor of TANGORA SOFTWARE A/S?

TANGORA SOFTWARE A/S most recently used EY Godkendt Revisionspartnerselskab.

When was TANGORA SOFTWARE A/S founded?

TANGORA SOFTWARE A/S was founded on 28 November 1997.

What is the equity of TANGORA SOFTWARE A/S?

Equity was DKK 4.8m 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.