TIMENGO HOLDING ApS

CVR 28281145 · Private limited company (ApS) · Active · Low risk

TIMENGO HOLDING ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% 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 (31 Mar 2026) shows equity of DKK 12.2m and a net result of DKK -2,483. CEO: Glenn Erik Nørgaard-Nielsen, Kim Berntsen, Martin Lundsgaard.

Bankruptcy risk for TIMENGO HOLDING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×

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
28281145
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Lautrupvang 1
2750 Ballerup
Municipality
Ballerup
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 189k
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio68.2%
Current ratio14%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address20
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -80kDKK -1.3m
Net profitDKK -2,483DKK -503k
EquityDKK 12.2mDKK 13.0m
Total assetsDKK 17.9mDKK 16.1m
CashDKK 45k–
Short-term debtDKK 3.4m–
Avg. employees0–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202692
1 Apr 2024 – 31 Mar 2025175
1 Apr 2023 – 31 Mar 2024183
1 Apr 2022 – 31 Mar 2023101
1 Apr 2021 – 31 Mar 202288
1 Apr 2020 – 31 Mar 202182
1 Apr 2019 – 31 Mar 202078
1 Apr 2018 – 31 Mar 201986
1 Apr 2017 – 31 Mar 201848
1 Apr 2016 – 31 Mar 201767
1 Apr 2015 – 31 Mar 2016179
1 Apr 2014 – 31 Mar 2015153
1 Apr 2013 – 31 Mar 201493
1 Apr 2012 – 31 Mar 201378
1 Apr 2011 – 31 Mar 2012152
1 Apr 2010 – 31 Mar 2011143
1 Apr 2009 – 31 Mar 2010169
1 Apr 2008 – 31 Mar 200997
1 Apr 2007 – 31 Mar 2008150
1 Apr 2006 – 31 Mar 200785

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
CEOGlenn Erik Nørgaard-NielsenCurrent
CEOKim BerntsenCurrent
CEOMartin LundsgaardCurrent
BoardMichael Frits Tordrup
BoardFrank Rødsø Kristensen
BoardKim Berntsen
BoardGlenn Erik Nørgaard-Nielsen
Owner (33%)INMAX INVEST ApSCurrent
Owner (33%)MO FINANS ApSCurrent
Owner (33%)Lundsgaard equity ApSCurrent
Owner (33%)INMAX INVEST ApS
Owner (33%)WILMA INVEST ApS
Owner (33%)MO FINANS ApS
Owner (50%)Kim Berntsen
Owner (50%)Glenn Erik Nørgaard-Nielsen
Owner (50%)INMAX INVEST ApS
Owner (50%)MO FINANS ApS
Auditorinforevision statsautoriseret revisionsaktieselskabCurrent
AuditorGE REVISION & RÅDGIVNING, REGISTRERET REVISIONSANPARTSSELSKAB
FounderMichael Frits TordrupCurrent
FounderFrank Rødsø KristensenCurrent
FounderKim BerntsenCurrent
FounderGlenn Erik Nørgaard-NielsenCurrent

The CEOs' other companies

Glenn Erik Nørgaard-Nielsen – 5 other companies

Kim Berntsen – 4 other companies

Martin Lundsgaard – 13 other companies, of which 2 bankrupt

Address history (3 moves)

Lautrupvang 1, 2750 Ballerup
Generatorvej 6B, 1., 2860 Søborg
Generatorvej 6B, 1., 2730 Herlev
Poppelgårdvej 11, 2860 Søborg

Former names

TIMENGO HOLDING ApS – now
MSEC HOLDING ApS –
MSEC HOLDING A/S –

Other companies at the same address

Similar companies in Ballerup

Questions and answers about TIMENGO HOLDING ApS

Has TIMENGO HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TIMENGO HOLDING ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TIMENGO HOLDING ApS?

Glenn Erik Nørgaard-Nielsen, Kim Berntsen, Martin Lundsgaard are the CEOs of TIMENGO HOLDING ApS.

Who is the auditor of TIMENGO HOLDING ApS?

TIMENGO HOLDING ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was TIMENGO HOLDING ApS founded?

TIMENGO HOLDING ApS was founded on 22 November 2004.

What is the equity of TIMENGO HOLDING ApS?

Equity was DKK 12.2m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.