TIMCO HOLDING ApS

CVR 29316872 · Private limited company (ApS) · Active · Low risk

TIMCO HOLDING ApS is a Private limited company (ApS), founded on , based in Sønderborg. 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. The latest annual report (31 Dec 2025) shows equity of DKK 3.0m and a net result of DKK 393k. CEO: Michael Søe Andersen.

Bankruptcy risk for TIMCO HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
29316872
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kærvej 98
6400 Sønderborg
Municipality
Sønderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio99.1%
Current ratio7,358%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,749DKK -6,750
Net profitDKK 393kDKK 24k
EquityDKK 3.0mDKK 2.7m
Total assetsDKK 3.1mDKK 2.8m
CashDKK 202k–
Short-term debtDKK 26k–
Tax owedDKK 12k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202534
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 202336
1 Jan 2022 – 31 Dec 202230
1 Jan 2021 – 31 Dec 202125
1 Jan 2020 – 31 Dec 202036
1 Jan 2019 – 31 Dec 201928
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017161
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012177
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 201037
1 Jan 2009 – 31 Dec 200977
1 Jan 2008 – 31 Dec 200868
1 Jan 2007 – 31 Dec 2007167
1 Jan 2006 – 31 Dec 2006176

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
CEOMichael Søe AndersenCurrent
Owner (100%)Michael Søe AndersenCurrent
AuditorEPAS INVEST SØNDERBORG A/S
AuditorKenneth Schmidt
AuditorDANSK REVISION SØNDERBORG GODKENDT REVISIONSANPARTSSELSKAB
FounderMichael Søe AndersenCurrent

The CEOs' other companies

Michael Søe Andersen – 4 other companies

Address history (2 moves)

Kærvej 98, 6400 Sønderborg
Møllegade 44, 6430 Nordborg
Møllegade 44, 6430 Nordborg

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about TIMCO HOLDING ApS

Has TIMCO HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TIMCO 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 CEO of TIMCO HOLDING ApS?

Michael Søe Andersen is the CEO of TIMCO HOLDING ApS.

Who is the auditor of TIMCO HOLDING ApS?

TIMCO HOLDING ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was TIMCO HOLDING ApS founded?

TIMCO HOLDING ApS was founded on 1 January 2006.

What is the equity of TIMCO HOLDING ApS?

Equity was DKK 3.0m 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.