TORVEGADE HB HOLDING ApS

CVR 25112377 · Private limited company (ApS) · Active · Low risk

TORVEGADE HB HOLDING ApS is a Private limited company (ApS), founded on , based in Vejen. The company is registered in the industry ikke-finansielle holdingselskaber. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 6.1m and a net result of DKK -367k. CEO: Helge Andreas Busk.

Bankruptcy risk for TORVEGADE HB HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
25112377
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Torvegade 16
6600 Vejen
Municipality
Vejen
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 130k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 26
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio6,743%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -367kDKK 903kDKK 155k
EquityDKK 6.1mDKK 6.6mDKK 5.8m
Total assetsDKK 6.1mDKK 6.7mDKK 6.1m
CashDKK 50kDKK 0–
Short-term debtDKK 38kDKK 85k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023153
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013140
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006164

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
CEOHelge Andreas BuskCurrent
Owner (100%)Helge Andreas BuskCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHelge Andreas BuskCurrent

The CEOs' other companies

Helge Andreas Busk – 56 other companies, of which 12 bankrupt

Address history (0 moves)

Torvegade 16, 6600 Vejen

Other companies at the same address

Similar companies in Vejen

Questions and answers about TORVEGADE HB HOLDING ApS

Has TORVEGADE HB HOLDING ApS gone bankrupt?

No, TORVEGADE HB HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TORVEGADE HB HOLDING ApS?

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 TORVEGADE HB HOLDING ApS?

Helge Andreas Busk is the CEO of TORVEGADE HB HOLDING ApS.

Who is the auditor of TORVEGADE HB HOLDING ApS?

TORVEGADE HB HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TORVEGADE HB HOLDING ApS founded?

TORVEGADE HB HOLDING ApS was founded on 29 December 1999.

What is the equity of TORVEGADE HB HOLDING ApS?

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.