TEEJET TECHNOLOGIES DENMARK ApS

CVR 25499182 · Private limited company (ApS) · Active · Low risk

TEEJET TECHNOLOGIES DENMARK ApS is a Private limited company (ApS), founded on , based in Aabybro. The company is registered in the industry fremstilling af instrumenter og udstyr til måling, afprøvning og navigation. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -24.3m and a net result of DKK -4.9m. CEO: Mark Grypdon, Olga Sauer.

Bankruptcy risk for TEEJET TECHNOLOGIES DENMARK ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Reporting classReporting class C, mellemstor virksomhed · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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
25499182
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Mølhavevej 2
9440 Aabybro
Municipality
Jammerbugt
Industry
Fremstilling af instrumenter og udstyr til måling, afprøvning og navigation (265100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 2.0m
Employees
50 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late8 of 26
Missing annual reportNo
Negative equityYes
Equity ratio-15.6%
Current ratio96%
Moves (last 2 years)0
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 27.9mDKK 23.7mDKK 25.4m
Net profitDKK -4.9mDKK -20.6mDKK -8.8m
EquityDKK -24.3mDKK -19.2mDKK 1.2m
Total assetsDKK 156.2mDKK 136.2mDKK 121.8m
CashDKK 1,294DKK 1,294–
Short-term debtDKK 155.3mDKK 130.1m–
Tax owedDKK 0DKK 0–
Avg. employees4645–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020201 Late
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012178
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008162
1 Jan 2007 – 31 Dec 2007155
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
CEOMark GrypdonCurrent
CEOOlga SauerCurrent
CEOHans Jørn Jensen
CEOHenrik Thingholm Kristoffersen
CEOCarsten Greiffenberg
CEODavid Bruce Smith
CEODanny Thor Straten
CEOMikael Larsen
CEOFranklin Erik Bramsen
CEOAnne Mette Skovbjerg
BoardThomas Albert CioniCurrent
BoardMark GrypdonCurrent
BoardOlga SauerCurrent
BoardCarsten Greiffenberg
BoardHans Jørn Jensen
BoardJames Erik Bramsen
BoardRaoul De Winne
BoardDanny Thor Straten
BoardMikael Larsen
BoardDavid Bruce Smith
BoardFranklin Erik Bramsen
BoardRaoul De Winne
BoardMartin Francis Hynes
BoardThomas Schernhuber
Owner (100%)Spraying Systems Co.Current
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderPeter Martin BlinkenbergCurrent

The CEOs' other companies

Olga Sauer – 2 other companies

Hans Jørn Jensen – 1 other companies

Henrik Thingholm Kristoffersen – 4 other companies, of which 2 bankrupt

Carsten Greiffenberg – 30 other companies, of which 5 bankrupt

Mikael Larsen – 2 other companies

Address history (1 moves)

Mølhavevej 2, 9440 Aabybro
Østergade 109, 9440 Aabybro

Former names

TEEJET TECHNOLOGIES DENMARK ApS – now
LH TECHNOLOGIES DENMARK ApS –

Employees per year

Number of employees at TEEJET TECHNOLOGIES DENMARK ApS per year27532011: 5320112012: 4820122013: 4420132014: 4320142015: 4220152016: 4120162017: 4220172018: 502018

Similar companies in Jammerbugt

Questions and answers about TEEJET TECHNOLOGIES DENMARK ApS

Has TEEJET TECHNOLOGIES DENMARK ApS gone bankrupt?

No, TEEJET TECHNOLOGIES DENMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TEEJET TECHNOLOGIES DENMARK ApS?

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

Who is the CEO of TEEJET TECHNOLOGIES DENMARK ApS?

Mark Grypdon, Olga Sauer are the CEOs of TEEJET TECHNOLOGIES DENMARK ApS.

Who is the auditor of TEEJET TECHNOLOGIES DENMARK ApS?

TEEJET TECHNOLOGIES DENMARK ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TEEJET TECHNOLOGIES DENMARK ApS founded?

TEEJET TECHNOLOGIES DENMARK ApS was founded on 10 July 2000.

What is the equity of TEEJET TECHNOLOGIES DENMARK ApS?

Equity was DKK -24.3m 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.