TIM STORGAARD HOLDING ApS

CVR 29395578 · Private limited company (ApS) · Active · Low risk

TIM STORGAARD HOLDING ApS is a Private limited company (ApS), founded on 13 February 2006, based in Faaborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 19 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 1.2m and a net result of DKK -32k. CEO: Tim Storgaard.

Bankruptcy risk for TIM STORGAARD HOLDING ApS

0.5%

probability of bankruptcy within 12 months

Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

CEO changes1 · bankruptcy rate 11.4%1.3×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

Negative equityNo · bankruptcy rate 5.1%0.58×

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: 29395578
Status: Active
Company type: Private limited company (ApS)
Founded: 13 February 2006 (20 years)
Address: Nabgyden 47
5600 Faaborg
Municipality: Faaborg-Midtfyn
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 125k
Auditor: SØBY REVISORER A/SGODKENDTE REVISORER
Audit opted out: Yes

Warning signs

Annual reports filed late	2 of 19
Missing annual report	No
Negative equity	No
Equity ratio	43.2%
Current ratio	116%
Moves (last 2 years)	0
CEO changes in total	1
CEO's previous bankruptcies	1
Other companies at the address	2
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -6,268	DKK -6,249
Net profit	DKK -32k	DKK 249k
Equity	DKK 1.2m	DKK 1.4m
Total assets	DKK 2.8m	DKK 3.1m
Short-term debt	DKK 1.6m	–
Avg. employees	0	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · SØBY REVISORER A/SGODKENDTE REVISORER.

Filed annual reports

Reporting period	Published	Days after period end
1 Oct 2024 – 30 Sep 2025	26 Mar 2026	177
1 Oct 2023 – 30 Sep 2024	6 Apr 2025	188	Late
1 Oct 2022 – 30 Sep 2023	3 Apr 2024	186	Late
1 Oct 2021 – 30 Sep 2022	30 Mar 2023	181
1 Oct 2020 – 30 Sep 2021	1 Mar 2022	152
1 Oct 2019 – 30 Sep 2020	5 Mar 2021	156
1 Oct 2018 – 30 Sep 2019	12 Mar 2020	164
1 Oct 2017 – 30 Sep 2018	13 Mar 2019	164
1 Oct 2016 – 30 Sep 2017	15 Mar 2018	166
1 Oct 2015 – 30 Sep 2016	16 Mar 2017	167
1 Oct 2014 – 30 Sep 2015	4 Mar 2016	156
1 Oct 2013 – 30 Sep 2014	26 Mar 2015	177
1 Oct 2012 – 30 Sep 2013	21 Mar 2014	172
1 Oct 2011 – 30 Sep 2012	14 Mar 2013	165
1 Oct 2010 – 30 Sep 2011	11 Mar 2012	163
1 Oct 2009 – 30 Sep 2010	27 Mar 2011	178
1 Oct 2008 – 30 Sep 2009	2 Mar 2010	153
1 Jan 2007 – 31 Dec 2007	20 Jun 2008	172
13 Feb 2006 – 31 Dec 2006	25 Jun 2007	176

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	Tim Storgaard	3 Mar 2006	Current
CEO	Peter Andreas Stakemann	13 Feb 2006	3 Mar 2006
Owner (100%)	Tim Storgaard	13 Feb 2006	Current
Auditor	ERNST & YOUNG DENMARK P/S	13 Feb 2006	3 Mar 2006
Auditor	INVESTERINGSAKTIESELSKABET HJALLESEVEJ	3 Mar 2006	14 Jun 2006
Auditor	HUNDERUP HOLDING GODKENDT REVISIONSAKTIESELSKAB	14 Jun 2006	9 Jan 2007
Auditor	SØBY REVISORER A/S GODKENDTE REVISORER	9 Jan 2007	21 Mar 2014
Founder	ApS KBUS 38 nr.3117	13 Feb 2006	Current

The CEOs' other companies

Tim Storgaard – 6 other companies, of which 2 bankrupt

BRIGHT STAR FIREWORKS A/S Bankrupt 9 Dec 2019
FIRST CHOICE SELECTION A/S Bankrupt 12 Mar 2013
AV NORDIC A/S Fusioneret
FYRVÆRCO IMPORT A/S Active
STORGAARD MULTI ApS Active
TS HOLDING GLAMSBJERG ApS Fusioneret

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

01-05-24 ApS Bankrupt 17 Mar 2025
061746M A/S Bankrupt 3 Oct 2011
1 STEP, COPENHAGEN LOGISTIC & DISTRIBUTION ApS Bankrupt 15 Jan 2009
1001 WATT ApS Bankrupt 29 Jan 2002
123 AF 04.07.2012 ApS Bankrupt 6 Aug 2012
1264 ApS Bankrupt 12 Jun 2012
1414 EJENDOMSINVEST 10 ApS Bankrupt 22 Dec 2015
1414 EJENDOMSINVEST 12 ApS Bankrupt 22 Dec 2015
1414 EJENDOMSINVEST ApS Bankrupt 19 Dec 2014
1414 INVEST ApS Bankrupt 22 Dec 2015
1WAY2PRINT A/S Bankrupt 24 Jul 2003
2 X KJAER DK ApS Bankrupt 18 Dec 2024
20220608 ApS Bankrupt 18 Jul 2022
23K ApS Bankrupt 17 Jan 2022
24237982 A/S Bankrupt 25 Apr 2012
2BU EJENDOMME ApS Bankrupt 11 Sep 2013
2BU HOLDING ApS Bankrupt 2 Oct 2013
2Tal enterprise A/S Bankrupt 28 Apr 2020
2V AMAGER SYD ApS Bankrupt 20 Dec 2000
3 SIGMA ApS Bankrupt 9 Jun 2005
30 08 61 71 ApS Bankrupt 1 Dec 2011
31. OKTOBER 2008 ApS Bankrupt 18 Sep 2009
32 67 71 93 ApS Bankrupt 16 Nov 2011
36087374 ApS Bankrupt 10 Jan 2017
365 Service Holding ApS Bankrupt 26 Nov 2020
365 Service Partner ApS Bankrupt 26 Nov 2020
39701804 ApS Bankrupt 14 Aug 2020
39704994 ApS Bankrupt 14 Aug 2020
3BH ApS Bankrupt 3 May 2019
3XE BYG ApS Bankrupt 11 Aug 2017

Address history (3 moves)

16 Feb 2022	Nabgyden 47, 5600 Faaborg
1 Jan 2007	Fredensvej 12, 5620 Glamsbjerg
7 Mar 2006	Fredensvej 12, 5620 Glamsbjerg
13 Feb 2006	Kronprinsessegade 18, 1306 København K

Former names

TIM STORGAARD HOLDING ApS	3 Mar 2006 – now
ApS KBUS 17 NR. 4787	13 Feb 2006 – 2 Mar 2006

Other companies at the same address

FYRVÆRCO IMPORT A/S Active
STORGAARD MULTI ApS Active

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Questions and answers about TIM STORGAARD HOLDING ApS

Has TIM STORGAARD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TIM STORGAARD HOLDING ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of TIM STORGAARD HOLDING ApS?

Tim Storgaard is the CEO of TIM STORGAARD HOLDING ApS.

Who is the auditor of TIM STORGAARD HOLDING ApS?

TIM STORGAARD HOLDING ApS most recently used SØBY REVISORER A/SGODKENDTE REVISORER.

When was TIM STORGAARD HOLDING ApS founded?

TIM STORGAARD HOLDING ApS was founded on 13 February 2006.

What is the equity of TIM STORGAARD HOLDING ApS?

Equity was DKK 1.2m 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.