TEAM TRUCK ApS

CVR 25389972 · Private limited company (ApS) · Active · Low risk

TEAM TRUCK ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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 (31 Dec 2025) shows equity of DKK 14.0m and a net result of DKK 7.6m. CEO: Karsten Sørensen.

Bankruptcy risk for TEAM TRUCK ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×

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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
25389972
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Jeppe Skovgaards Vej 4
6800 Varde
Municipality
Varde
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
24 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 26
Missing annual reportNo
Negative equityNo
Equity ratio27.9%
Current ratio131%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 28.1mDKK 28.0mDKK 25.5m
Net profitDKK 7.6mDKK 6.4mDKK 5.2m
EquityDKK 14.0mDKK 11.5mDKK 10.1m
Total assetsDKK 50.2mDKK 43.2mDKK 43.3m
CashDKK 17.1mDKK 6.7m–
Short-term debtDKK 36.2mDKK 31.7m–
Avg. employees3031–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 202361
1 Jan 2022 – 31 Dec 2022164
1 Jan 2021 – 31 Dec 202142
1 Jan 2020 – 31 Dec 202046
1 Jan 2019 – 31 Dec 201958
1 Jan 2018 – 31 Dec 201844
1 Jan 2017 – 31 Dec 201743
1 Jan 2016 – 31 Dec 201652
1 Jan 2015 – 31 Dec 201540
1 Jan 2014 – 31 Dec 201442
1 Jan 2013 – 31 Dec 201351
1 Jan 2012 – 31 Dec 201285
1 Jan 2011 – 31 Dec 201143
1 Jan 2010 – 31 Dec 201059
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008106
1 Jan 2007 – 31 Dec 2007133
1 Jan 2006 – 31 Dec 200681

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
CEOKarsten SørensenCurrent
CEOBenny Christensen
Owner (50%)KS HOLDING, VARDE ApSCurrent
Owner (15%)KFS Holding, Varde ApSCurrent
Owner (15%)JFS Holding, Varde ApSCurrent
Owner (15%)MFS Holding, Varde ApSCurrent
Owner (100%)KS HOLDING, VARDE ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBenny ChristensenCurrent
FounderKarsten SørensenCurrent

The CEOs' other companies

Karsten Sørensen – 6 other companies

Benny Christensen – 6 other companies

Address history (2 moves)

Jeppe Skovgaards Vej 4, 6800 Varde
Jeppe Skovgaards Vej 4, 6800 Varde
Byvejen 19A, 6818 Årre

Employees per year

Number of employees at TEAM TRUCK ApS per year12242011: 1820112012: 1820122013: 1820132014: 1620142015: 1620152016: 1820162017: 2120172018: 242018

Other companies at the same address

Similar companies in Varde

Questions and answers about TEAM TRUCK ApS

Has TEAM TRUCK ApS gone bankrupt?

No, TEAM TRUCK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TEAM TRUCK ApS?

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 TEAM TRUCK ApS?

Karsten Sørensen is the CEO of TEAM TRUCK ApS.

Who is the auditor of TEAM TRUCK ApS?

TEAM TRUCK ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TEAM TRUCK ApS founded?

TEAM TRUCK ApS was founded on 16 May 2000.

What is the equity of TEAM TRUCK ApS?

Equity was DKK 14.0m 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.