TIMBUY A/S

CVR 27721524 · Public limited company (A/S) · Active · Low risk

TIMBUY A/S is a Public limited company (A/S), founded on 1 May 2004, based in Skals. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. 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 (30 Sep 2025) shows equity of DKK 503k and a net result of DKK 937. CEO: Jack Vasegaard.

Bankruptcy risk for TIMBUY A/S

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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

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

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Company typeA/S · bankruptcy rate 4.4%0.50×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

Equity ratio40%–60% · 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: 27721524
Status: Active
Company type: Public limited company (A/S)
Founded: 1 May 2004 (22 years)
Address: Nørreballe 94
8832 Skals
Municipality: Viborg
Industry: Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 500k
Employees: 1 (2018)
Auditor: ADVOSION
Audit opted out: Yes

Warning signs

Annual reports filed late	0 of 21
Missing annual report	No
Negative equity	No
Equity ratio	49.0%
Current ratio	199%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 1.4m	DKK 1.3m
Net profit	DKK 937	DKK 878
Equity	DKK 503k	DKK 502k
Total assets	DKK 1.0m	DKK 1.1m
Cash	DKK 1.0m	–
Short-term debt	DKK 517k	–
Tax owed	DKK 13k	–
Avg. employees	1	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Oct 2024 – 30 Sep 2025	3 Dec 2025	64
1 Oct 2023 – 30 Sep 2024	11 Dec 2024	72
1 Oct 2022 – 30 Sep 2023	29 Nov 2023	60
1 Oct 2021 – 30 Sep 2022	6 Dec 2022	67
1 Oct 2020 – 30 Sep 2021	30 Nov 2021	61
1 Oct 2019 – 30 Sep 2020	10 Dec 2020	71
1 Oct 2018 – 30 Sep 2019	13 Dec 2019	74
1 Oct 2017 – 30 Sep 2018	13 Dec 2018	74
1 Oct 2016 – 30 Sep 2017	8 Dec 2017	69
1 Oct 2015 – 30 Sep 2016	7 Dec 2016	68
1 Oct 2014 – 30 Sep 2015	2 Mar 2016	154
1 Oct 2013 – 30 Sep 2014	13 Mar 2015	164
1 Oct 2012 – 30 Sep 2013	21 Jan 2014	113
1 Oct 2011 – 30 Sep 2012	27 Feb 2013	150
1 Oct 2010 – 30 Sep 2011	10 Jan 2012	102
1 Oct 2009 – 30 Sep 2010	21 Dec 2010	82
1 Oct 2008 – 30 Sep 2009	18 Nov 2009	49
1 Oct 2007 – 30 Sep 2008	22 Dec 2008	83
1 Oct 2006 – 30 Sep 2007	12 Dec 2007	73
1 Oct 2005 – 30 Sep 2006	30 Nov 2006	61

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	Jack Vasegaard	7 Apr 2015	Current
CEO	Christian Anthon Rødin-Nielsen	15 Oct 2014	7 Apr 2015
Board	Francois Jacques Marcel Grimal	1 May 2004	Current
Board	Peter Bisgård Jensen	23 Mar 2006	Current
Board	Jack Vasegaard	23 May 2017	Current
Board	Ole Dalsgård Nielsen	2 Oct 2017	Current
Board	Hans Henrik von Platen-Hallermund	1 May 2024	Current
Board	Niels Jørgen Andersen	1 May 2004	17 Nov 2008
Board	Thue Thuesen Johansen	1 May 2004	5 Nov 2005
Board	Jan Aaboe Jørgensen	1 May 2004	27 Feb 2006
Board	Allan Overgaard	7 Nov 2005	17 Nov 2008
Board	Jens Peter Lentfer Petersen	20 Dec 2005	25 Jun 2007
Board	Jesper Hansen	27 Feb 2006	25 Jun 2007
Board	Flemming Nielsen	23 Mar 2006	31 Jul 2006
Board	Mogens Ringgaard	25 Jun 2007	2 Oct 2017
Board	Henrik Kusk Jeppesen	17 Nov 2008	7 Oct 2009
Board	Carsten Elsborg Abild Fischer	17 Nov 2008	24 Oct 2010
Board	Niels Jørgen Andersen	7 Oct 2009	19 Sep 2011
Board	Peter Weis	24 Oct 2010	8 Apr 2014
Board	Allan Overgaard	19 Sep 2011	7 Apr 2015
Board	Christian Grønbæk Esbensen	8 Apr 2014	1 May 2024
Board	Morten Ramskov Sørensen	7 Apr 2015	1 Oct 2015
Board	Lars Hovgaard	1 Oct 2015	23 May 2017
Owner (20%)	DANSK TRÆEMBALLAGE A/S	4 May 2004	Current
Owner (20%)	DOLLE A/S	4 May 2004	Current
Owner (20%)	LILLEHEDEN A/S	8 Apr 2014	Current
Owner (20%)	Jack Vasegaard	9 May 2017	Current
Owner (20%)	SUPERWOOD A/S	1 Oct 2017	Current
Owner (20%)	OUTRUP VINDUER & DØRE A/S	25 Jun 2007	1 Oct 2017
Owner (20%)	NJA FURNITURE A/S	31 May 2011	9 May 2017
Auditor	REVISORERNE I/S	1 May 2004	12 Mar 2012
Auditor	ALKE 2019 APS	12 Mar 2012	10 Dec 2013
Founder	DANSK TRÆEMBALLAGE A/S	1 May 2004	Current
Founder	VTI A/S	1 May 2004	Current
Founder	NJA.-MØBLER A/S	1 May 2004	Current
Founder	THUKA FURNITURE A/S	1 May 2004	Current
Founder	MYGIND TECH A/S	1 May 2004	Current
Founder	DOLLE A/S	1 May 2004	Current

The CEOs' other companies

Jack Vasegaard – 2 other companies

E.S. Miljøfolier ApS Active
ERIC STORM A/S Active

Christian Anthon Rødin-Nielsen – 20 other companies

AMROSE A/S Opløst
Bisgaard Ejendomme A/S Active
CARN EJENDOMME ApS Active
CARN HOLDING ApS Active
COMPACTREE DANMARK ApS Active
DANSK TRÆEMBALLAGE A/S Active
DANSK TRÆEMBALLAGE HOLDING A/S Active
DTE KANALVEJ 2 - 6 A/S Fusioneret
DTE STAMPEN A/S Fusioneret
DTE TØNDERVEJ 8 A/S Active
DTE Ørstedsvej A/S Opløst
EJENDOMSSELSKABET CHRESTENSMINDE A/S Fusioneret
EJENDOMSSELSKABET SANKT ANNÆ PLADS28 A/S Fusioneret
KLOSTERFARMEN, SÆBY A/S Fusioneret
LAURITZEN BULKERS A/S Fusioneret
NIELSEN & LØJMAR A/S Fusioneret
Park Nord A/S Active
REDERIET ODENSE-LINDØ A/S Fusioneret
STAMPEN HOLDING A/S Fusioneret
ULSA PACK A/S Fusioneret

Address history (5 moves)

14 Mar 2023	Nørreballe 94, 8832 Skals
16 Apr 2015	Nørreballe 94, 8832 Skals
16 Oct 2014	c/o Revisorerne Skanderborg ApS, Kristiansvej 13, 8660 Skanderborg
31 Oct 2006	Kværnen 20, 7500 Holstebro
4 Apr 2006	Kobberupvej 78, 7500 Holstebro
1 May 2004	Emborgvej 60 a, 8660 Skanderborg

Employees per year

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THORLUND SKOU A/S Bjerringbro
KAVA CERAMICA ApS Løgstrup
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OVERLUND BYGGEMATERIALER A/S Viborg

Questions and answers about TIMBUY A/S

Has TIMBUY A/S gone bankrupt?

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

What is the bankruptcy risk of TIMBUY A/S?

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 TIMBUY A/S?

Jack Vasegaard is the CEO of TIMBUY A/S.

Who is the auditor of TIMBUY A/S?

TIMBUY A/S most recently used ADVOSION.

When was TIMBUY A/S founded?

TIMBUY A/S was founded on 1 May 2004.

What is the equity of TIMBUY A/S?

Equity was DKK 503k 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.