TØMRERFIRMAET BAY & WANG ApS
CVR 29199094 · Private limited company (ApS) · Active · Low risk
TØMRERFIRMAET BAY & WANG ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 285k and a net result of DKK 115k. CEO: Thomas Wang Nielsen.
Bankruptcy risk for TØMRERFIRMAET BAY & WANG ApS
0.2 × the average (1.41%) · higher risk than 49% 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
- 29199094
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (20 years)
- Address
- Byvejen 43
8920 Randers NV - Municipality
- Randers
- Industry
- Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 125k
- Employees
- 2 (2018)
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 20 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 61.9% |
| Current ratio | 262% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 901k | DKK 1.2m | DKK 1.2m |
| Net profit | DKK 115k | DKK 243k | DKK 227k |
| Equity | DKK 285k | DKK 570k | DKK 727k |
| Total assets | DKK 460k | DKK 981k | DKK 1.1m |
| Cash | DKK 337k | DKK 524k | – |
| Short-term debt | DKK 176k | DKK 411k | – |
| Tax owed | DKK 15k | DKK 35k | – |
| Avg. employees | 2 | 2 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 100 | ||
| 1 Jan 2024 – 31 Dec 2024 | 66 | ||
| 1 Jan 2023 – 31 Dec 2023 | 56 | ||
| 1 Jan 2022 – 31 Dec 2022 | 32 | ||
| 1 Jan 2021 – 31 Dec 2021 | 38 | ||
| 1 Jan 2020 – 31 Dec 2020 | 39 | ||
| 1 Jan 2019 – 31 Dec 2019 | 31 | ||
| 1 Jan 2018 – 31 Dec 2018 | 138 | ||
| 1 Jan 2017 – 31 Dec 2017 | 43 | ||
| 1 Jan 2016 – 31 Dec 2016 | 84 | ||
| 1 Jan 2015 – 31 Dec 2015 | 83 | ||
| 1 Jan 2014 – 31 Dec 2014 | 148 | ||
| 1 Jan 2013 – 31 Dec 2013 | 75 | ||
| 1 Jan 2012 – 31 Dec 2012 | 153 | ||
| 1 Jan 2011 – 31 Dec 2011 | 54 | ||
| 1 Jan 2010 – 31 Dec 2010 | 115 | ||
| 1 Jan 2009 – 31 Dec 2009 | 96 | ||
| 1 Jan 2008 – 31 Dec 2008 | 64 | ||
| 1 Jan 2007 – 31 Dec 2007 | 87 | ||
| 7 Dec 2005 – 31 Dec 2006 | 109 |
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 | Thomas Wang Nielsen | Current | |
| CEO | Jens Peter Bay | ||
| Owner (100%) | WANG HOLDING ApS | Current | |
| Owner (50%) | WANG HOLDING ApS | ||
| Owner (50%) | J.P. BAY HOLDING ApS | ||
| Auditor | Kirk Revision I/S | ||
| Auditor | KIRK REVISIONSPARTNERSELSKAB | ||
| Auditor | 18. juni 2024 P/S | ||
| Founder | WANG HOLDING ApS | Current | |
| Founder | J.P. BAY HOLDING ApS | Current |
The CEOs' other companies
Thomas Wang Nielsen – 3 other companies
- Munch´s Auto ApS Active
- TANDLÆGE KAREN WANG ApS Opløst
- WANG HOLDING ApS Active
Jens Peter Bay – 1 other companies
- J.P. BAY HOLDING ApS Active
Address history (2 moves)
| Byvejen 43, 8920 Randers NV | |
| Strømmen 32, 8960 Randers SØ | |
| Strømmen 32, 8900 Randers C |
Employees per year
Similar companies in Randers
- Casper Aros, Tømrermester ApS Gjerlev J
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- Nordic Tømreren ApS Randers SØ
- Tømrermester Mathias Hoff ApS Randers C
- JL Tømrer Østjylland ApS Randers SØ
- M. Urth ApS Randers SØ
- Mandøe Design ApS Randers NV
- Tømrer- og Snedkerfirmaet Johnny Gregersens Eftf. ApS Randers SV
Questions and answers about TØMRERFIRMAET BAY & WANG ApS
Has TØMRERFIRMAET BAY & WANG ApS gone bankrupt?
No, TØMRERFIRMAET BAY & WANG ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TØMRERFIRMAET BAY & WANG ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of TØMRERFIRMAET BAY & WANG ApS?
Thomas Wang Nielsen is the CEO of TØMRERFIRMAET BAY & WANG ApS.
Who is the auditor of TØMRERFIRMAET BAY & WANG ApS?
TØMRERFIRMAET BAY & WANG ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.
When was TØMRERFIRMAET BAY & WANG ApS founded?
TØMRERFIRMAET BAY & WANG ApS was founded on 7 December 2005.
What is the equity of TØMRERFIRMAET BAY & WANG ApS?
Equity was DKK 285k 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.