TVT A/S

CVR 26096049 · Public limited company (A/S) · Active · Low risk

TVT A/S is a Public limited company (A/S), founded on , based in Bedsted Thy. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 9.2m and a net result of DKK 4.5m. CEO: Jesper Thousgaard.

Bankruptcy risk for TVT A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
26096049
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Virkevej 5
7755 Bedsted Thy
Municipality
Thisted
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
23 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio38.1%
Current ratio177%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 32.3mDKK 30.3mDKK 25.9m
Net profitDKK 4.5mDKK 3.4mDKK 3.4m
EquityDKK 9.2mDKK 7.7mDKK 7.2m
Total assetsDKK 24.1mDKK 23.0mDKK 21.2m
CashDKK 12kDKK 2,045–
Short-term debtDKK 12.9mDKK 14.4m–
Tax owedDKK 188kDKK 523k–
Avg. employees4646–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 202282
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019173
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008167
1 Jan 2007 – 31 Dec 2007161
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 ThousgaardCurrent
CEOKjeld Yde Madsen
BoardJesper LovmandCurrent
BoardKristian Wind HornstrupCurrent
BoardJesper ThousgaardCurrent
BoardMorten Storm PipperCurrent
BoardKjeld Yde Madsen
BoardGurli Stenled Refsgaard
BoardPer Andersen
BoardJan Bangsgaard
BoardSøren Maarup
BoardGitte Sørensen
BoardKuno Frost
BoardNiels Hornstrup Andersen
BoardJacob Stenled Yde Madsen
BoardMorten Storm Pipper
Owner (100%)TVT Group ApSCurrent
Owner (100%)K.Y.M. ApS
Owner (33%)K.Y.M. ApS
Owner (33%)Lovmand Holding ApS
Owner (33%)Wind-Hornstrup Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorREGISTRERET REVISIONSAKTIESELSKAB BN HOLDING
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S
FounderKjeld Yde MadsenCurrent

The CEOs' other companies

Jesper Thousgaard – 8 other companies

Kjeld Yde Madsen – 7 other companies, of which 1 bankrupt

Address history (1 moves)

Virkevej 5, 7755 Bedsted Thy
Virkevej 5, 7755 Bedsted Thy

Former names

TVT A/S – now
THY VARMETEKNIK A/S –

Employees per year

Number of employees at TVT A/S per year12232011: 1320112012: 1820122013: 1620132014: 1820142015: 1720152016: 1920162017: 2020172018: 232018

Other companies at the same address

Similar companies in Thisted

Questions and answers about TVT A/S

Has TVT A/S gone bankrupt?

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

What is the bankruptcy risk of TVT A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TVT A/S?

Jesper Thousgaard is the CEO of TVT A/S.

Who is the auditor of TVT A/S?

TVT A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TVT A/S founded?

TVT A/S was founded on 22 June 2001.

What is the equity of TVT A/S?

Equity was DKK 9.2m 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.