TIO HOLDING ApS

CVR 29426759 · Private limited company (ApS) · Active · Low risk

TIO HOLDING ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 May 2025) shows equity of DKK -10k and a net result of DKK -890. CEO: Tim Kuntz Olsen.

Bankruptcy risk for TIO HOLDING ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29426759
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Danmarksvej 25
8660 Skanderborg
Municipality
Skanderborg
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
Revisions-Partner I/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-478.7%
Current ratio17%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -900DKK -5,700
Net profitDKK -890DKK -5,678
EquityDKK -10kDKK -9,203
Total assetsDKK 2,108DKK 1,797
CashDKK 2,108–
Short-term debtDKK 12k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025174
1 Jun 2023 – 31 May 2024180
1 Jun 2022 – 31 May 2023146
1 Jun 2021 – 31 May 2022161
1 Jun 2020 – 31 May 2021136
1 Jun 2019 – 31 May 2020151
1 Jun 2018 – 31 May 2019154
1 Jun 2017 – 31 May 2018126
1 Jun 2016 – 31 May 2017153
1 Jun 2015 – 31 May 2016169
1 Jun 2014 – 31 May 2015169
1 Jun 2013 – 31 May 2014186 Late
1 Jun 2012 – 31 May 2013182
1 Jun 2011 – 31 May 2012183
1 Jun 2010 – 31 May 2011152
1 Jun 2009 – 31 May 2010154
1 Jun 2008 – 31 May 2009149
1 Jun 2007 – 31 May 2008151
27 Mar 2006 – 31 May 2007132

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
CEOTim Kuntz OlsenCurrent
Owner (100%)Tim Kuntz OlsenCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorRevisions-Partner I/S, registrerede revisorer
FounderTim Kuntz OlsenCurrent

The CEOs' other companies

Tim Kuntz Olsen – 3 other companies

Address history (5 moves)

Danmarksvej 25, 8660 Skanderborg
Danmarksvej 25, 8660 Skanderborg
Christiansmindevej 12C, 8660 Skanderborg
c/o Tim Olsen, Højdedraget 6, 8660 Skanderborg
Tebstrupvej 13, 8660 Skanderborg
Tebstrupvej 13, 8660 Skanderborg

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about TIO HOLDING ApS

Has TIO HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TIO HOLDING ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of TIO HOLDING ApS?

Tim Kuntz Olsen is the CEO of TIO HOLDING ApS.

Who is the auditor of TIO HOLDING ApS?

TIO HOLDING ApS most recently used Revisions-Partner I/S.

When was TIO HOLDING ApS founded?

TIO HOLDING ApS was founded on 27 March 2006.

What is the equity of TIO HOLDING ApS?

Equity was DKK -10k according to the annual report for the period ending 31 May 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.