SNEDKER- OG TØMRERMESTER TIM OLSEN ApS

CVR 26391989 · Private limited company (ApS) · Active · Low risk

SNEDKER- OG TØMRERMESTER TIM OLSEN ApS is a Private limited company (ApS), founded on 1 January 2002, based in Skibby. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 628k and a net result of DKK 159k. CEO: Tim Allan Olsen.

Bankruptcy risk for SNEDKER- OG TØMRERMESTER TIM OLSEN 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×

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×

Return on assets5%–15% · 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×

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: 26391989
Status: Active
Company type: Private limited company (ApS)
Founded: 1 January 2002 (24 years)
Address: c/o Snedker- og Tømrerfirmaet Tim Olsen ApS, Fagerholtvej 17
4050 Skibby
Municipality: Frederikssund
Industry: Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital: DKK 125k
Employees: 3 (2018)
Auditor: Nordskov Revision ApS
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 24
Missing annual report	No
Negative equity	No
Equity ratio	45.9%
Current ratio	185%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 1.4m	DKK 998k	DKK 977k
Net profit	DKK 159k	DKK 48k	DKK 101k
Equity	DKK 628k	DKK 591k	DKK 568k
Total assets	DKK 1.4m	DKK 1.2m	DKK 976k
Cash	DKK 579k	DKK 370k	–
Short-term debt	DKK 738k	DKK 631k	–
Tax owed	DKK 51k	DKK 2,611	–
Avg. employees	2	2	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nordskov Revision ApS.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	24 Mar 2026	83
1 Jan 2024 – 31 Dec 2024	24 Mar 2025	83
1 Jan 2023 – 31 Dec 2023	13 Jun 2024	165
1 Jan 2022 – 31 Dec 2022	5 Apr 2023	95
1 Jan 2021 – 31 Dec 2021	30 Mar 2022	89
1 Jan 2020 – 31 Dec 2020	6 Apr 2021	96
1 Jan 2019 – 31 Dec 2019	30 Mar 2020	90
1 Jan 2018 – 31 Dec 2018	6 Mar 2019	65
1 Jan 2017 – 31 Dec 2017	10 Apr 2018	100
1 Jan 2016 – 31 Dec 2016	29 Mar 2017	88
1 Jan 2015 – 31 Dec 2015	27 Apr 2016	118
1 Jan 2014 – 31 Dec 2014	14 May 2015	134
1 Jan 2013 – 31 Dec 2013	27 Mar 2014	86
1 Jan 2012 – 31 Dec 2012	7 May 2013	127
1 Jan 2011 – 31 Dec 2011	8 May 2012	129
1 Jan 2010 – 31 Dec 2010	5 May 2011	125
1 Jan 2009 – 31 Dec 2009	30 May 2010	150
1 Jan 2008 – 31 Dec 2008	26 Feb 2009	57
1 Jan 2007 – 31 Dec 2007	1 Jun 2008	153
1 Jan 2006 – 31 Dec 2006	11 Apr 2007	101

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

Role	Name	From	To
CEO	Tim Allan Olsen	3 Dec 2018	Current
CEO	Kim Madsen	1 Jan 2002	4 Jul 2002
Owner (100%)	Tim Allan Olsen	1 Jan 2002	Current
Auditor	ERNST & YOUNG DENMARK P/S	1 Jan 2002	4 Jul 2002
Auditor	CBN Finans	4 Jul 2002	20 May 2003
Auditor	CCGJHB A/S	20 May 2003	22 Mar 2006
Auditor	DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB	22 Mar 2006	2 Dec 2008
Auditor	NORDSKOV REVISION ApS	2 Dec 2008	14 May 2015
Founder	ApS KBUS 38 nr.3117	1 Jan 2002	Current

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

01.08.2003, SJÆLLAND ApS Bankrupt 5 Nov 2004
1001 WATT ApS Bankrupt 29 Jan 2002
119987-JEH ApS Bankrupt 23 May 2014
13. JULI 2005 ApS Bankrupt 5 Sep 2005
1WAY2PRINT A/S Bankrupt 24 Jul 2003
24237982 A/S Bankrupt 25 Apr 2012
27768490 ApS Bankrupt 31 Aug 2011
2X INVEST ApS Bankrupt 12 Dec 2008
3 SIGMA ApS Bankrupt 9 Jun 2005
31. DECEMBER 2008 ApS Bankrupt 18 May 2009
3B HERNING ApS Bankrupt 20 Dec 2006
3L LIVSLANG LÆRING ApS Bankrupt 25 Apr 2006
4 X B HOLDING ApS Bankrupt 27 Aug 2020
4-MATION ApS Bankrupt 10 Nov 2005
4S SERVICE ApS Bankrupt 27 Jan 2009
4U2SMS INTERNATIONAL ApS Bankrupt 9 Oct 2003
A COMPANY ApS Bankrupt 11 Mar 2009
A+E ApS Bankrupt 22 Sep 2010
A-1-IMPORT ApS Bankrupt 5 May 2006
A-BYG INVEST ApS Bankrupt 14 Aug 2014
A/S AF 1.10.2002 Bankrupt 28 Oct 2003
A/S AF 30.9.2003 Bankrupt 28 Nov 2012
A/S ALFA EL VEJLE Bankrupt 18 Dec 2003
A/S BELDEN Bankrupt 5 Apr 2004
A/S DRAGERNE SERVICE & TRANSPORT Bankrupt 8 Aug 2002
A/S PETERS JUL Bankrupt 15 Jan 2007
A/S PSE 10 NR. 1930 Bankrupt 26 Aug 1997
A/S PSE NR. 5178 Bankrupt 11 May 1999
A/S PSE NR. 5653 Bankrupt 14 Oct 2003
AA - ENTREPRENØR ApS Bankrupt 14 Aug 2015

Address history (2 moves)

1 Jan 2007	c/o Snedker- og Tømrerfirmaet Tim Olsen ApS, Fagerholtvej 17, 4050 Skibby
8 Jul 2002	c/o Snedker- og Tømrerfirmaet Tim Olsen ApS, Fagerholtvej 17, 4050 Skibby
1 Jan 2002	c/o Stakemann A/S, Kronprinsessegade 18, 1306 København K

Former names

SNEDKER- OG TØMRERMESTER TIM OLSEN ApS	4 Jul 2002 – now
ApS KBUS 17 NR. 1881	1 Jan 2002 – 3 Jul 2002

Employees per year

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Questions and answers about SNEDKER- OG TØMRERMESTER TIM OLSEN ApS

Has SNEDKER- OG TØMRERMESTER TIM OLSEN ApS gone bankrupt?

No, SNEDKER- OG TØMRERMESTER TIM OLSEN ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SNEDKER- OG TØMRERMESTER TIM OLSEN 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 SNEDKER- OG TØMRERMESTER TIM OLSEN ApS?

Tim Allan Olsen is the CEO of SNEDKER- OG TØMRERMESTER TIM OLSEN ApS.

Who is the auditor of SNEDKER- OG TØMRERMESTER TIM OLSEN ApS?

SNEDKER- OG TØMRERMESTER TIM OLSEN ApS most recently used Nordskov Revision ApS.

When was SNEDKER- OG TØMRERMESTER TIM OLSEN ApS founded?

SNEDKER- OG TØMRERMESTER TIM OLSEN ApS was founded on 1 January 2002.

What is the equity of SNEDKER- OG TØMRERMESTER TIM OLSEN ApS?

Equity was DKK 628k 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.