TE FINANS ApS

CVR 28719574 · Private limited company (ApS) · Active · Low risk

TE FINANS ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry engroshandel med huder, skind og læder. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 (30 Sep 2025) shows equity of DKK 3.2m and a net result of DKK 2.4m. CEO: Torben Hyrup Eriksen.

Bankruptcy risk for TE FINANS ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
28719574
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
c/o C/o Marianne Eriksen, Abel Cathrines Gade 21B, 5. tv
1654 København V
Municipality
København
Industry
Engroshandel med huder, skind og læder (462400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 21
Missing annual reportNo
Negative equityNo
Equity ratio98.9%
Current ratio8,901%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -50kDKK 295kDKK 131k
Net profitDKK 2.4mDKK 295kDKK -4.8m
EquityDKK 3.2mDKK 802kDKK 507k
Total assetsDKK 3.2mDKK 1.1mDKK 772k
CashDKK 3.2mDKK 1.0m–
Short-term debtDKK 36kDKK 269k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022180
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020154
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018151
1 Oct 2016 – 30 Sep 2017151
1 Oct 2015 – 30 Sep 2016129
1 Oct 2014 – 30 Sep 2015152
1 Oct 2013 – 30 Sep 2014153
1 Oct 2012 – 30 Sep 2013151
1 Oct 2011 – 30 Sep 2012155
1 Oct 2010 – 30 Sep 2011125
1 Oct 2009 – 30 Sep 2010132
1 Oct 2008 – 30 Sep 2009133
1 Oct 2007 – 30 Sep 2008120
1 Oct 2006 – 30 Sep 2007164
1 Oct 2005 – 30 Sep 2006169

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
CEOTorben Hyrup EriksenCurrent
Owner (100%)Torben Hyrup EriksenCurrent
AuditorNKS INVEST ApS
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderTorben Hyrup EriksenCurrent

The CEOs' other companies

Torben Hyrup Eriksen – 2 other companies

Address history (4 moves)

c/o C/o Marianne Eriksen, Abel Cathrines Gade 21B, 5. tv, 1654 København V
Abildvej 5B, 5700 Svendborg
Abildvej 5E, 2., 5700 Svendborg
Østre Skolevej 24, 5700 Svendborg
Abildgårdsvej 23, 5700 Svendborg

Other companies at the same address

Similar companies in København

Questions and answers about TE FINANS ApS

Has TE FINANS ApS gone bankrupt?

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

What is the bankruptcy risk of TE FINANS ApS?

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

Who is the CEO of TE FINANS ApS?

Torben Hyrup Eriksen is the CEO of TE FINANS ApS.

Who is the auditor of TE FINANS ApS?

TE FINANS ApS most recently used EY Godkendt Revisionspartnerselskab.

When was TE FINANS ApS founded?

TE FINANS ApS was founded on 6 June 2005.

What is the equity of TE FINANS ApS?

Equity was DKK 3.2m 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.