TØMRERMESTER LARS TOVGAARD ApS

CVR 28521448 · Private limited company (ApS) · Active · Low risk

TØMRERMESTER LARS TOVGAARD ApS is a Private limited company (ApS), founded on , based in Vejle. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.1m and a net result of DKK 2.6m. CEO: Lars Tovgaard.

Bankruptcy risk for TØMRERMESTER LARS TOVGAARD 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
28521448
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Stenagervænget 26
7100 Vejle
Municipality
Vejle
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
11 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 21
Missing annual reportNo
Negative equityNo
Equity ratio38.0%
Current ratio129%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 12.6mDKK 9.3mDKK 6.5m
Net profitDKK 2.6mDKK 1.6mDKK 161k
EquityDKK 4.1mDKK 3.0mDKK 1.4m
Total assetsDKK 10.7mDKK 7.1mDKK 6.9m
CashDKK 833kDKK 1.5m–
Short-term debtDKK 6.4mDKK 3.6m–
Tax owedDKK 497kDKK 218k–
Avg. employees1614–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023128
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201361
1 Jan 2012 – 31 Dec 201257
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 200934
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006155

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
CEOLars TovgaardCurrent
Owner (100%)TOVGAARD HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLars TovgaardCurrent

Address history (3 moves)

Stenagervænget 26, 7100 Vejle
Skovglimt 5, 7100 Vejle
Sønderskovvej 36, 7100 Vejle
Sønderskovvej 36, 7100 Vejle

Employees per year

Number of employees at TØMRERMESTER LARS TOVGAARD ApS per year6112011: 920112012: 720122013: 620132014: 1120142015: 920152016: 1020162017: 1120172018: 112018

Other companies at the same address

Similar companies in Vejle

Questions and answers about TØMRERMESTER LARS TOVGAARD ApS

Has TØMRERMESTER LARS TOVGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of TØMRERMESTER LARS TOVGAARD 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 TØMRERMESTER LARS TOVGAARD ApS?

Lars Tovgaard is the CEO of TØMRERMESTER LARS TOVGAARD ApS.

Who is the auditor of TØMRERMESTER LARS TOVGAARD ApS?

TØMRERMESTER LARS TOVGAARD ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TØMRERMESTER LARS TOVGAARD ApS founded?

TØMRERMESTER LARS TOVGAARD ApS was founded on 1 April 2005.

What is the equity of TØMRERMESTER LARS TOVGAARD ApS?

Equity was DKK 4.1m 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.