TIMBER HOLDING ApS
CVR 29193355 · Private limited company (ApS) · Active · Low risk
TIMBER HOLDING ApS is a Private limited company (ApS), founded on , based in Tappernøje. The company is registered in the industry ikke-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, 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 2.2m and a net result of DKK 206k. CEO: Frank Damgaard.
Bankruptcy risk for TIMBER HOLDING ApS
0.0 × the average (1.41%) · higher risk than 27% of active Danish companies
Increases the risk
Reduces the risk
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
- 29193355
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (20 years)
- Address
- Scheelsvej 5
4733 Tappernøje - Municipality
- Næstved
- 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 | 1 of 20 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 84.9% |
| Current ratio | 272% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -9,811 | DKK -8,887 | DKK -8,793 |
| Net profit | DKK 206k | DKK -45k | DKK 809 |
| Equity | DKK 2.2m | DKK 2.0m | DKK 2.0m |
| Total assets | DKK 2.6m | DKK 2.3m | DKK 2.1m |
| Cash | DKK 1,632 | DKK 3,584 | – |
| Short-term debt | DKK 321k | DKK 320k | – |
| Tax owed | DKK 0 | DKK 12k | – |
| Avg. employees | 1 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 162 | ||
| 1 Oct 2023 – 30 Sep 2024 | 178 | ||
| 1 Oct 2022 – 30 Sep 2023 | 136 | ||
| 1 Oct 2021 – 30 Sep 2022 | 124 | ||
| 1 Oct 2020 – 30 Sep 2021 | 137 | ||
| 1 Oct 2019 – 30 Sep 2020 | 153 | ||
| 1 Oct 2018 – 30 Sep 2019 | 128 | ||
| 1 Oct 2017 – 30 Sep 2018 | 135 | ||
| 1 Oct 2016 – 30 Sep 2017 | 138 | ||
| 1 Oct 2015 – 30 Sep 2016 | 151 | ||
| 1 Oct 2014 – 30 Sep 2015 | 182 | ||
| 1 Oct 2013 – 30 Sep 2014 | 212 | Late | |
| 1 Oct 2012 – 30 Sep 2013 | 169 | ||
| 1 Oct 2011 – 30 Sep 2012 | 75 | ||
| 1 Oct 2010 – 30 Sep 2011 | 167 | ||
| 1 Oct 2009 – 30 Sep 2010 | 168 | ||
| 1 Oct 2008 – 30 Sep 2009 | 167 | ||
| 1 Oct 2007 – 30 Sep 2008 | 169 | ||
| 1 Oct 2006 – 30 Sep 2007 | 165 | ||
| 1 Oct 2005 – 30 Sep 2006 | 157 |
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 |
|---|---|---|---|
| CEO | Frank Damgaard | Current | |
| Board | Frank Damgaard | Current | |
| Board | Susanne Elisabet Linder Damgaard | Current | |
| Owner (100%) | Frank Damgaard | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | Mogens Andersen | ||
| Auditor | PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | Frank Damgaard | Current |
The CEOs' other companies
Frank Damgaard – 4 other companies
- DAMGAARD EJENDOMME ApS Active
- DAMGAARD TIMBER ApS Active
- R/F TRADING ApS Compulsorily dissolved
- TØMMERGÅRDEN GREVE ApS Compulsorily dissolved
Address history (1 moves)
| Scheelsvej 5, 4733 Tappernøje | |
| Grantoftevej 7, 2670 Greve |
Other companies at the same address
- DAMGAARD EJENDOMME ApS Active
- DAMGAARD TIMBER ApS Active
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- SKOVPLAN A/S Næstved
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Questions and answers about TIMBER HOLDING ApS
Has TIMBER HOLDING ApS gone bankrupt?
No, TIMBER HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TIMBER 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 TIMBER HOLDING ApS?
Frank Damgaard is the CEO of TIMBER HOLDING ApS.
Who is the auditor of TIMBER HOLDING ApS?
TIMBER HOLDING ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was TIMBER HOLDING ApS founded?
TIMBER HOLDING ApS was founded on 28 November 2005.
What is the equity of TIMBER HOLDING ApS?
Equity was DKK 2.2m 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.