TERMOVEL ApS

CVR 30498976 · Private limited company (ApS) · Active · Low risk

TERMOVEL ApS is a Private limited company (ApS), founded on , based in Østbirk. The company is registered in the industry anden måling og teknisk analyse. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 18 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 178k and a net result of DKK 37k. CEO: Chris Henrik Hedegaard Kristensen, Jørn Hedegaard Kristensen.

Bankruptcy risk for TERMOVEL ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
30498976
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Ydingvej 5
8752 Østbirk
Municipality
Horsens
Industry
Anden måling og teknisk analyse (712090)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 125k
Employees
2 (2018)
Auditor
PJ Revision
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio48.5%
Current ratio124%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 855kDKK 724kDKK 935k
Net profitDKK 37kDKK -29kDKK 117k
EquityDKK 178kDKK 141kDKK 170k
Total assetsDKK 366kDKK 364kDKK 602k
Short-term debtDKK 183kDKK 223k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PJ Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025135
1 Oct 2023 – 30 Sep 2024161
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022153
1 Oct 2020 – 30 Sep 2021139
1 Oct 2019 – 30 Sep 2020148
1 Oct 2018 – 30 Sep 2019159
1 Oct 2017 – 30 Sep 2018155
1 Oct 2016 – 30 Sep 2017152
1 Oct 2015 – 30 Sep 2016152
1 Oct 2014 – 30 Sep 2015154
1 Oct 2013 – 30 Sep 2014129
1 Oct 2012 – 30 Sep 2013157
1 Oct 2011 – 30 Sep 2012149
1 Oct 2010 – 30 Sep 2011156
1 Oct 2009 – 30 Sep 2010152
1 Oct 2008 – 30 Sep 2009151
10 Apr 2007 – 30 Sep 2008189 Late

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
CEOChris Henrik Hedegaard KristensenCurrent
CEOJørn Hedegaard KristensenCurrent
Owner (50%)CHHK HOLDING ApSCurrent
Owner (50%)VELTECH ApSCurrent
AuditorA/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
FounderCHHK HOLDING ApSCurrent
FounderVELTECH ApSCurrent

The CEOs' other companies

Chris Henrik Hedegaard Kristensen – 2 other companies

Jørn Hedegaard Kristensen – 1 other companies

Address history (2 moves)

Ydingvej 5, 8752 Østbirk
Grundtvigsvej 1B, 8752 Østbirk
Ydingvej 5, 8752 Østbirk

Employees per year

Number of employees at TERMOVEL ApS per year122011: 120112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about TERMOVEL ApS

Has TERMOVEL ApS gone bankrupt?

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

What is the bankruptcy risk of TERMOVEL ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of TERMOVEL ApS?

Chris Henrik Hedegaard Kristensen, Jørn Hedegaard Kristensen are the CEOs of TERMOVEL ApS.

Who is the auditor of TERMOVEL ApS?

TERMOVEL ApS most recently used PJ Revision.

When was TERMOVEL ApS founded?

TERMOVEL ApS was founded on 10 April 2007.

What is the equity of TERMOVEL ApS?

Equity was DKK 178k 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.