TINGHØJ MOTORSAVE A/S

CVR 31285909 · Public limited company (A/S) · Active · Low risk

TINGHØJ MOTORSAVE A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK -78k. CEO: Tommy Jessen.

Bankruptcy risk for TINGHØJ MOTORSAVE A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
31285909
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Stilbjergvej 86B
6800 Varde
Municipality
Varde
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 500k
Employees
6 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio23.5%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 3.0mDKK 1.3m
Net profitDKK -78kDKK 598kDKK -1.8m
EquityDKK 1.0mDKK 1.1mDKK -587k
Total assetsDKK 4.4mDKK 3.9mDKK 4.8m
CashDKK 20kDKK 2,873–
Short-term debtDKK 3.4mDKK 2.8m–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024118
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 202098
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016124
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013130
1 Jan 2012 – 31 Dec 201276
1 Jan 2011 – 31 Dec 201175
1 Jan 2010 – 31 Dec 2010104
1 Jan 2009 – 31 Dec 2009105
3 Mar 2008 – 31 Dec 2008103

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
CEOTommy JessenCurrent
BoardTommy JessenCurrent
BoardKarin Anette JessenCurrent
BoardThomas JessenCurrent
BoardHenning Jensen
BoardErik Varberg Mortensen
Owner (100%)TJ HOLDING, TINGHØJ A/SCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPARTNER REVISION VEST VARDE REGISTRERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderEM HOLDING, VARDE ApSCurrent
FounderHENNING JENSEN HOLDING, VARDE ApSCurrent
FounderTJ HOLDING, TINGHØJ A/SCurrent

The CEOs' other companies

Tommy Jessen – 2 other companies

Address history (1 moves)

Stilbjergvej 86B, 6800 Varde
Stilbjergvej 86B, 6800 Varde

Employees per year

Number of employees at TINGHØJ MOTORSAVE A/S per year472011: 620112012: 520122013: 720132014: 720142015: 620152016: 620162017: 620172018: 62018

Other companies at the same address

Similar companies in Varde

Questions and answers about TINGHØJ MOTORSAVE A/S

Has TINGHØJ MOTORSAVE A/S gone bankrupt?

No, TINGHØJ MOTORSAVE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TINGHØJ MOTORSAVE A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of TINGHØJ MOTORSAVE A/S?

Tommy Jessen is the CEO of TINGHØJ MOTORSAVE A/S.

Who is the auditor of TINGHØJ MOTORSAVE A/S?

TINGHØJ MOTORSAVE A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TINGHØJ MOTORSAVE A/S founded?

TINGHØJ MOTORSAVE A/S was founded on 3 March 2008.

What is the equity of TINGHØJ MOTORSAVE A/S?

Equity was DKK 1.0m 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.