M. THIMGAARD HOLDING ApS

CVR 26231841 · Private limited company (ApS) · Active · Low risk

M. THIMGAARD HOLDING ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% 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 (30 Sep 2025) shows equity of DKK 43.6m and a net result of DKK -94k. CEO: Michael Thimgaard.

Bankruptcy risk for M. THIMGAARD HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
26231841
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Åhavnen 15
4600 Køge
Municipality
Køge
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Addere Revisionstatsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio99.1%
Current ratio11,032%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 968kDKK 676k
Net profitDKK -94kDKK 3.3m
EquityDKK 43.6mDKK 43.7m
Total assetsDKK 44.0mDKK 44.2m
CashDKK 6.2m–
Short-term debtDKK 146k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Addere Revisionstatsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025111
1 Oct 2023 – 30 Sep 2024123
1 Oct 2022 – 30 Sep 2023122
1 Oct 2021 – 30 Sep 2022138
1 Oct 2020 – 30 Sep 2021123
1 Oct 2019 – 30 Sep 2020160
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018121
1 Oct 2016 – 30 Sep 2017120
1 Oct 2015 – 30 Sep 2016131
1 Oct 2014 – 30 Sep 2015141
1 Oct 2013 – 30 Sep 2014155
1 Oct 2012 – 30 Sep 2013144
1 Oct 2011 – 30 Sep 2012142
1 Oct 2010 – 30 Sep 2011116
1 Oct 2009 – 30 Sep 201097
1 Oct 2008 – 30 Sep 2009110
1 Oct 2007 – 30 Sep 2008114
1 Oct 2006 – 30 Sep 2007150
1 Oct 2005 – 30 Sep 2006123

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
CEOMichael ThimgaardCurrent
BoardMichael ThimgaardCurrent
BoardHeidi SkeelCurrent
BoardNicoline ThimgaardCurrent
BoardNiclas ThimgaardCurrent
Owner (100%)Michael ThimgaardCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMichael ThimgaardCurrent

The CEOs' other companies

Michael Thimgaard – 10 other companies

Address history (3 moves)

Åhavnen 15, 4600 Køge
c/o Heidi Skeel, Åhavnen 15, 4600 Køge
Blåbækvej 2, 4640 Faxe
Blåbækvej 2, 4640 Faxe

Other companies at the same address

Similar companies in Køge

Questions and answers about M. THIMGAARD HOLDING ApS

Has M. THIMGAARD HOLDING ApS gone bankrupt?

No, M. THIMGAARD HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. THIMGAARD HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of M. THIMGAARD HOLDING ApS?

Michael Thimgaard is the CEO of M. THIMGAARD HOLDING ApS.

Who is the auditor of M. THIMGAARD HOLDING ApS?

M. THIMGAARD HOLDING ApS most recently used Addere Revisionstatsautoriseret revisionspartnerselskab.

When was M. THIMGAARD HOLDING ApS founded?

M. THIMGAARD HOLDING ApS was founded on 28 August 2001.

What is the equity of M. THIMGAARD HOLDING ApS?

Equity was DKK 43.6m 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.