TOVGAARD HOLDING ApS

CVR 29169721 · Private limited company (ApS) · Active · Low risk

TOVGAARD HOLDING ApS is a Private limited company (ApS), founded on 4 November 2005, based in Vejle. The company is registered in the industry ikke-finansielle holdingselskaber. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 8.7m and a net result of DKK 2.7m.

Bankruptcy risk for TOVGAARD HOLDING ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×

CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

CEO's other companies0 · bankruptcy rate 10.9%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×

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×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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: 29169721
Status: Active
Company type: Private limited company (ApS)
Founded: 4 November 2005 (20 years)
Address: Stenagervænget 26
7100 Vejle
Municipality: Vejle
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 125k
Auditor: PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	3 of 20
Missing annual report	No
Negative equity	No
Equity ratio	99.9%
Current ratio	92,481%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	1
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -5,801	DKK -4,950
Net profit	DKK 2.7m	DKK 1.7m
Equity	DKK 8.7m	DKK 6.2m
Total assets	DKK 8.7m	DKK 6.2m
Cash	DKK 2.4m	–
Short-term debt	DKK 5,001	–
Avg. employees	1	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	22 Jun 2026	173
1 Jan 2024 – 31 Dec 2024	4 Jul 2025	185	Late
1 Jan 2023 – 31 Dec 2023	7 May 2024	128
1 Jan 2022 – 31 Dec 2022	4 Jul 2023	185	Late
1 Jan 2021 – 31 Dec 2021	4 Jul 2022	185	Late
1 Jan 2020 – 31 Dec 2020	27 May 2021	147
1 Jan 2019 – 31 Dec 2019	9 Jun 2020	161
1 Jan 2018 – 31 Dec 2018	7 Jun 2019	158
1 Jan 2017 – 31 Dec 2017	31 May 2018	151
1 Jan 2016 – 31 Dec 2016	31 May 2017	151
1 Jan 2015 – 31 Dec 2015	25 May 2016	146
1 Jan 2014 – 31 Dec 2014	12 Mar 2015	71
1 Jan 2013 – 31 Dec 2013	3 Mar 2014	62
1 Jan 2012 – 31 Dec 2012	26 Feb 2013	57
1 Jan 2011 – 31 Dec 2011	31 May 2012	152
1 Jan 2010 – 31 Dec 2010	26 May 2011	146
1 Jan 2009 – 31 Dec 2009	3 Feb 2010	34
1 Jan 2008 – 31 Dec 2008	4 Jun 2009	155
1 Jan 2007 – 31 Dec 2007	22 May 2008	143
4 Nov 2005 – 31 Dec 2006	4 Jun 2007	155

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
Owner (100%)	Lars Tovgaard	4 Nov 2005	Current
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	13 Jun 2013	Current
Auditor	MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB	4 Nov 2005	20 Oct 2009
Auditor	MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB	20 Oct 2009	13 Jun 2013
Founder	Lars Tovgaard	4 Nov 2005	Current

Address history (3 moves)

20 May 2008	Stenagervænget 26, 7100 Vejle
30 Oct 2007	c/o Tømrermester Lars Tovgaard ApS, Skovglimt 5, 7100 Vejle
1 Jan 2007	c/o Tømrermester Lars Tovgaard ApS, Sønderskovvej 36, 7100 Vejle
4 Nov 2005	c/o Tømrermester Lars Tovgaard ApS, Sønderskovvej 36, 7100 Vejle

Other companies at the same address

TØMRERMESTER LARS TOVGAARD ApS Active

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Questions and answers about TOVGAARD HOLDING ApS

Has TOVGAARD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TOVGAARD HOLDING 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 auditor of TOVGAARD HOLDING ApS?

TOVGAARD HOLDING ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TOVGAARD HOLDING ApS founded?

TOVGAARD HOLDING ApS was founded on 4 November 2005.

What is the equity of TOVGAARD HOLDING ApS?

Equity was DKK 8.7m 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.