TERMO VEST ApS

CVR 26996058 · Private limited company (ApS) · Active · Low risk

TERMO VEST ApS is a Private limited company (ApS), founded on 2 January 2004, based in Skjern. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 309k.

Bankruptcy risk for TERMO VEST 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×

CEO changes1 · bankruptcy rate 11.4%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

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×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Return on assets5%–15% · bankruptcy rate 3.5%0.39×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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: 26996058
Status: Active
Company type: Private limited company (ApS)
Founded: 2 January 2004 (22 years)
Address: Højevej 32A
6900 Skjern
Municipality: Ringkøbing-Skjern
Industry: Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital: DKK 125k
Employees: 4 (2018)
Auditor: Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 22
Missing annual report	No
Negative equity	No
Equity ratio	67.9%
Current ratio	245%
Moves (last 2 years)	0
CEO changes in total	1
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 2.0m	DKK 1.7m	DKK 1.9m
Net profit	DKK 309k	DKK 84k	DKK 204k
Equity	DKK 1.5m	DKK 1.5m	DKK 1.7m
Total assets	DKK 2.3m	DKK 2.0m	DKK 2.4m
Cash	DKK 34k	DKK 2,828	–
Short-term debt	DKK 732k	DKK 538k	–
Avg. employees	2	2	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	25 Jun 2026	176
1 Jan 2024 – 31 Dec 2024	30 Jun 2025	181
1 Jan 2023 – 31 Dec 2023	13 May 2024	134
1 Jan 2022 – 31 Dec 2022	19 Jun 2023	170
1 Jan 2021 – 31 Dec 2021	4 Jul 2022	185	Late
1 Jan 2020 – 31 Dec 2020	18 Jun 2021	169
1 Jan 2019 – 31 Dec 2019	19 May 2020	140
1 Jan 2018 – 31 Dec 2018	3 Jun 2019	154
1 Jan 2017 – 31 Dec 2017	14 May 2018	134
1 Jan 2016 – 31 Dec 2016	17 May 2017	137
1 Jan 2015 – 31 Dec 2015	24 May 2016	145
1 Jan 2014 – 31 Dec 2014	20 Feb 2015	51
1 Jan 2013 – 31 Dec 2013	29 May 2014	149
1 Jan 2012 – 31 Dec 2012	29 May 2013	149
1 Jan 2011 – 31 Dec 2011	13 Jun 2012	165
1 Jan 2010 – 31 Dec 2010	9 Jun 2011	160
1 Jan 2009 – 31 Dec 2009	3 Jun 2010	154
1 Jan 2008 – 31 Dec 2008	2 Jun 2009	153
1 Jan 2007 – 31 Dec 2007	16 Jun 2008	168
1 Jan 2006 – 31 Dec 2006	13 Jun 2007	164

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	Jens Christian Nielsen	2 Jan 2004	11 Feb 2015
Owner (100%)	CASPER BAK NIELSEN HOLDING ApS	11 Feb 2015	Current
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	2 Jan 2004	13 Dec 2016
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	14 Dec 2016	17 May 2017
Founder	CASPER BAK NIELSEN HOLDING ApS	2 Jan 2004	Current

The CEOs' other companies

Jens Christian Nielsen – 1 other companies

JCN, ASTRUP ApS Opløst

Address history (2 moves)

23 May 2011	Højevej 32A, 6900 Skjern
1 Jan 2007	Pilevænget 26, 6900 Skjern
2 Jan 2004	Pilevænget 26, 6900 Skjern

Employees per year

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Questions and answers about TERMO VEST ApS

Has TERMO VEST ApS gone bankrupt?

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

What is the bankruptcy risk of TERMO VEST 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 auditor of TERMO VEST ApS?

TERMO VEST ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was TERMO VEST ApS founded?

TERMO VEST ApS was founded on 2 January 2004.

What is the equity of TERMO VEST ApS?

Equity was DKK 1.5m 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.