TOVARUS ApS

CVR 26463300 · Private limited company (ApS) · Active · Medium risk

TOVARUS ApS is a Private limited company (ApS), founded on , based in Højbjerg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 50k and a net result of DKK 0. CEO: Bo Tornøe Nørholm.

Bankruptcy risk for TOVARUS ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
26463300
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Elmehøjvej 68
8270 Højbjerg
Municipality
Aarhus
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Employees
1 (2002)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK 0DKK 0
EquityDKK 50kDKK 50k
Total assetsDKK 50kDKK 50k
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202536
1 Jan 2024 – 31 Dec 202437
1 Jan 2023 – 31 Dec 202367
1 Jan 2022 – 31 Dec 202243
1 Jan 2021 – 31 Dec 202156
1 Jan 2020 – 31 Dec 202036
1 Jan 2019 – 31 Dec 201934
1 Jan 2018 – 31 Dec 201831
1 Jan 2017 – 31 Dec 201760
1 Jan 2016 – 31 Dec 201634
1 Jan 2015 – 31 Dec 201575
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 2013105
1 Jan 2012 – 31 Dec 2012138
1 Jan 2011 – 31 Dec 2011141
1 Jan 2010 – 31 Dec 201069
1 Jan 2009 – 31 Dec 200997
1 Jan 2008 – 31 Dec 2008174
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 200681

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
CEOBo Tornøe NørholmCurrent
CEOTroels Steen Andersen
Owner (100%)E C O CONSULTING AF 1992 ApSCurrent
Owner (100%)MINDUS ApS
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorFlemming Johannsen
AuditorKonsulent Gert Olander
FounderTroels Steen AndersenCurrent
FounderMINDUS ApSCurrent

The CEOs' other companies

Bo Tornøe Nørholm – 46 other companies, of which 12 bankrupt

Troels Steen Andersen – 8 other companies, of which 1 bankrupt

Address history (0 moves)

Elmehøjvej 68, 8270 Højbjerg

Employees per year

Number of employees at TOVARUS ApS per year112002: 12002

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TOVARUS ApS

Has TOVARUS ApS gone bankrupt?

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

What is the bankruptcy risk of TOVARUS ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of TOVARUS ApS?

Bo Tornøe Nørholm is the CEO of TOVARUS ApS.

When was TOVARUS ApS founded?

TOVARUS ApS was founded on 23 January 2002.

What is the equity of TOVARUS ApS?

Equity was DKK 50k 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.