TIME OUT CAFÈ ApS

CVR 30594592 · Private limited company (ApS) · Active · High risk

TIME OUT CAFÈ ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 125k and a net result of DKK -304k. CEO: Lisbeth Irene Rønnow Jørgensen.

Bankruptcy risk for TIME OUT CAFÈ ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · 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×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
30594592
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Rædersgade 3
8700 Horsens
Municipality
Horsens
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 125k
Employees
6 (2018)
Auditor
Lidegaard revision &amp; rådgivning, Registreretrevisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio17.8%
Current ratio89%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -12k–
Net profitDKK -304k–
EquityDKK 125k–
Total assetsDKK 699k–
CashDKK 65k–
Short-term debtDKK 574k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Lidegaard revision &amp; rådgivning, Registreretrevisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024154
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 202190
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018119
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016124
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013122
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 200884
23 May 2007 – 31 Dec 2007161

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
CEOLisbeth Irene Rønnow JørgensenCurrent
CEOKurt Ankjær
Owner (100%)Lisbeth Irene Rønnow JørgensenCurrent
Owner (100%)Lisbeth Irene Rønnow Jørgensen
Owner (50%)Anpartsselskabet af 14.6.2017
Owner (50%)LRJ HOLDING HORSENS ApS
AuditorLEIF MIKKELSEN & PARTNERE A/S
AuditorLEIF MIKKELSEN & PARTNERE A/S
AuditorLIDEGAARD REVISION&RÅDGIVNING, REGISTRERET REVISIONSANPARTSSELSKAB
FounderE. N. HOLDING ApSCurrent

The CEOs' other companies

Lisbeth Irene Rønnow Jørgensen – 1 other companies

Kurt Ankjær – 22 other companies, of which 2 bankrupt

Address history (1 moves)

Rædersgade 3, 8700 Horsens
Allegade 2, 8700 Horsens

Employees per year

Number of employees at TIME OUT CAFÈ ApS per year472011: 220112012: 720122013: 420132014: 420142015: 420152016: 420162017: 420172018: 62018

Other companies at the same address

Similar companies in Horsens

Questions and answers about TIME OUT CAFÈ ApS

Has TIME OUT CAFÈ ApS gone bankrupt?

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

What is the bankruptcy risk of TIME OUT CAFÈ ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of TIME OUT CAFÈ ApS?

Lisbeth Irene Rønnow Jørgensen is the CEO of TIME OUT CAFÈ ApS.

Who is the auditor of TIME OUT CAFÈ ApS?

TIME OUT CAFÈ ApS most recently used Lidegaard revision &amp; rådgivning, Registreretrevisionsanpartsselskab.

When was TIME OUT CAFÈ ApS founded?

TIME OUT CAFÈ ApS was founded on 23 May 2007.

What is the equity of TIME OUT CAFÈ ApS?

Equity was DKK 125k 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.