TEAM SPIRIT MANAGEMENT ApS

CVR 28677243 · Private limited company (ApS) · Active · Low risk

TEAM SPIRIT MANAGEMENT ApS is a Private limited company (ApS), founded on , based in Esbjerg Ø. The company is registered in the industry andre reklameaktiviteter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 19 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 258k and a net result of DKK 270k. CEO: Hans Henrik Revsbæk Glavind.

Bankruptcy risk for TEAM SPIRIT MANAGEMENT ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · 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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
28677243
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o Hans Henrik Glavind, Lundevej 25
6705 Esbjerg Ø
Municipality
Esbjerg
Industry
Andre reklameaktiviteter (731190)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Revisionsfirmaet KRH ApS
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 19
Missing annual reportNo
Negative equityNo
Equity ratio43.0%
Current ratio175%
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 561kDKK 463kDKK 497k
Net profitDKK 270kDKK 202kDKK 28k
EquityDKK 258kDKK -12kDKK -214k
Total assetsDKK 600kDKK 470kDKK 275k
CashDKK 91kDKK 37k–
Short-term debtDKK 342kDKK 482k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025210 Late
1 Jan 2024 – 31 Dec 202477
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017190 Late
1 Jan 2016 – 31 Dec 2016185 Late
1 Jan 2015 – 31 Dec 2015117
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013100
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 2011129
1 Jan 2010 – 31 Dec 201054
1 Jan 2009 – 31 Dec 2009156
1 Jan 2008 – 31 Dec 2008158
14 Dec 2006 – 31 Dec 200793

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
CEOHans Henrik Revsbæk GlavindCurrent
Owner (100%)GLAVIND HOLDING ApSCurrent
AuditorH. MARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorREVISIONSFIRMAET KRH V/KELD HANSEN
FounderGLAVIND HOLDING ApSCurrent

The CEOs' other companies

Hans Henrik Revsbæk Glavind – 1 other companies

Address history (0 moves)

c/o Hans Henrik Glavind, Lundevej 25, 6705 Esbjerg Ø

Employees per year

Number of employees at TEAM SPIRIT MANAGEMENT ApS per year11222011: 320112012: 520122013: 1120132014: 2220142015: 820152016: 620162017: 220172018: 22018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about TEAM SPIRIT MANAGEMENT ApS

Has TEAM SPIRIT MANAGEMENT ApS gone bankrupt?

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

What is the bankruptcy risk of TEAM SPIRIT MANAGEMENT ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of TEAM SPIRIT MANAGEMENT ApS?

Hans Henrik Revsbæk Glavind is the CEO of TEAM SPIRIT MANAGEMENT ApS.

Who is the auditor of TEAM SPIRIT MANAGEMENT ApS?

TEAM SPIRIT MANAGEMENT ApS most recently used Revisionsfirmaet KRH ApS.

When was TEAM SPIRIT MANAGEMENT ApS founded?

TEAM SPIRIT MANAGEMENT ApS was founded on 14 December 2006.

What is the equity of TEAM SPIRIT MANAGEMENT ApS?

Equity was DKK 258k 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.