DAMGAARD TIMBER ApS

CVR 25644573 · Private limited company (ApS) · Active · Low risk

DAMGAARD TIMBER ApS is a Private limited company (ApS), founded on , based in Tappernøje. The company is registered in the industry fremstilling af træemballage. 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, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 437k and a net result of DKK 172k. CEO: Frank Damgaard.

Bankruptcy risk for DAMGAARD TIMBER ApS

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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
25644573
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Scheelsvej 5
4733 Tappernøje
Municipality
Næstved
Industry
Fremstilling af træemballage (162400)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 125k
Employees
5 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 25
Missing annual reportNo
Negative equityNo
Equity ratio27.5%
Current ratio106%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.6mDKK 1.5mDKK 2.3m
Net profitDKK 172kDKK 7,689DKK 7,105
EquityDKK 437kDKK 265kDKK 257k
Total assetsDKK 1.6mDKK 1.6mDKK 1.8m
CashDKK 200k––
Short-term debtDKK 1.2mDKK 1.3m–
Avg. employees34–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025162
1 Oct 2023 – 30 Sep 2024178
1 Oct 2022 – 30 Sep 2023136
1 Oct 2021 – 30 Sep 2022124
1 Oct 2020 – 30 Sep 2021145
1 Oct 2019 – 30 Sep 2020153
1 Oct 2018 – 30 Sep 2019128
1 Oct 2017 – 30 Sep 2018135
1 Oct 2016 – 30 Sep 2017138
1 Oct 2015 – 30 Sep 2016152
1 Oct 2014 – 30 Sep 2015182
1 Oct 2013 – 30 Sep 2014212 Late
1 Oct 2012 – 30 Sep 2013169
1 Oct 2011 – 30 Sep 201275
1 Oct 2010 – 30 Sep 2011167
1 Oct 2009 – 30 Sep 2010168
1 Oct 2008 – 30 Sep 2009167
1 Oct 2007 – 30 Sep 2008169
1 Oct 2006 – 30 Sep 2007165
1 Oct 2005 – 30 Sep 2006157

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
CEOFrank DamgaardCurrent
BoardFrank DamgaardCurrent
BoardSusanne Elisabet Linder DamgaardCurrent
Owner (100%)TIMBER HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorREVISAM2000 REVISIONSAKTIESELSKAB
AuditorCJ Partnership I/S
AuditorMogens Andersen
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderFrank DamgaardCurrent

The CEOs' other companies

Frank Damgaard – 4 other companies

Address history (1 moves)

Scheelsvej 5, 4733 Tappernøje
Grantoftevej 7, 2670 Greve

Employees per year

Number of employees at DAMGAARD TIMBER ApS per year472011: 620112012: 520122013: 520132014: 320142015: 620152016: 420162017: 720172018: 52018

Other companies at the same address

Questions and answers about DAMGAARD TIMBER ApS

Has DAMGAARD TIMBER ApS gone bankrupt?

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

What is the bankruptcy risk of DAMGAARD TIMBER ApS?

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 DAMGAARD TIMBER ApS?

Frank Damgaard is the CEO of DAMGAARD TIMBER ApS.

Who is the auditor of DAMGAARD TIMBER ApS?

DAMGAARD TIMBER ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was DAMGAARD TIMBER ApS founded?

DAMGAARD TIMBER ApS was founded on 28 September 2000.

What is the equity of DAMGAARD TIMBER ApS?

Equity was DKK 437k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.