TWINCA A/S

CVR 25804929 · Public limited company (A/S) · Active · Low risk

TWINCA A/S is a Public limited company (A/S), founded on , based in Vinderup. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. 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 11.4m and a net result of DKK -14k. CEO: Jesper Strøm Kristensen.

Bankruptcy risk for TWINCA A/S

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

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
25804929
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Nr Bjertvej 14
7830 Vinderup
Municipality
Holstebro
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 667k
Employees
8 (2018)
Auditor
DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio43.7%
Current ratio149%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.4mDKK 5.2m
Net profitDKK -14kDKK 1.2m
EquityDKK 11.4mDKK 11.4m
Total assetsDKK 26.1mDKK 26.6m
CashDKK 391k–
Short-term debtDKK 14.2m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017107
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013126
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009140
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006130

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
CEOJesper Strøm KristensenCurrent
CEOMads Strøm Kristensen
CEOKlaus Strøm Kristensen
CEOKlaus Strøm Kristensen
BoardSaulius BlauzdysCurrent
BoardKlaus Strøm KristensenCurrent
BoardJesper Strøm KristensenCurrent
BoardMads Strøm Kristensen
BoardLars Strøm Kristensen
BoardKlaus Strøm Kristensen
BoardBent Strøm Kristensen
BoardOve Hjortholm
BoardJohn Bygballe Haven Andersen
BoardMichael Kjær Salmansen
BoardMichael Kjær Salmansen
BoardJohn Bygballe Haven Andersen
BoardBoy Boysen
BoardFlemming Ole Pedersen
BoardJan Heine Jacobsen
BoardJesper Strøm Kristensen
Owner (100%)KSK FINANS ApSCurrent
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKABCurrent
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
FounderMads Strøm KristensenCurrent
FounderKlaus Strøm KristensenCurrent

The CEOs' other companies

Mads Strøm Kristensen – 3 other companies, of which 2 bankrupt

Klaus Strøm Kristensen – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Nr Bjertvej 14, 7830 Vinderup
Nr Bjertvej 14, 7830 Vinderup
Sevelvej 84, 7830 Vinderup

Former names

TWINCA A/S – now
TWINCA ApS –

Employees per year

Number of employees at TWINCA A/S per year11212011: 1420112012: 1520122013: 1920132014: 2020142015: 2120152016: 1220162017: 920172018: 82018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about TWINCA A/S

Has TWINCA A/S gone bankrupt?

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

What is the bankruptcy risk of TWINCA 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 TWINCA A/S?

Jesper Strøm Kristensen is the CEO of TWINCA A/S.

Who is the auditor of TWINCA A/S?

TWINCA A/S most recently used DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

When was TWINCA A/S founded?

TWINCA A/S was founded on 22 December 2000.

What is the equity of TWINCA A/S?

Equity was DKK 11.4m 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.