PROVAG ApS
CVR 31586690 · Private limited company (ApS) · Active · Low risk
PROVAG ApS is a Private limited company (ApS), founded on , based in Løsning. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 18 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK 677k. CEO: Timmy Lünell Bendixen, Tommy Olsen.
Bankruptcy risk for PROVAG ApS
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 31586690
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (18 years)
- Address
- Lundagervej 112
8723 Løsning - Municipality
- Hedensted
- Industry
- Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 125k
- Employees
- 2 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 18 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 26.1% |
| Current ratio | 131% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 6 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 3.6m | DKK 3.4m | DKK 3.2m |
| Net profit | DKK 677k | DKK 1.2m | DKK 1.0m |
| Equity | DKK 1.7m | DKK 3.1m | DKK 2.2m |
| Total assets | DKK 6.4m | DKK 6.1m | DKK 6.7m |
| Cash | DKK 1,000 | DKK 1,000 | – |
| Short-term debt | DKK 4.7m | DKK 3.0m | – |
| Tax owed | DKK 206k | DKK 320k | – |
| Avg. employees | 4 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 149 | ||
| 1 Jan 2024 – 31 Dec 2024 | 153 | ||
| 1 Jan 2023 – 31 Dec 2023 | 95 | ||
| 1 Jan 2022 – 31 Dec 2022 | 174 | ||
| 1 Jan 2021 – 31 Dec 2021 | 153 | ||
| 1 Jan 2020 – 31 Dec 2020 | 113 | ||
| 1 Jan 2019 – 31 Dec 2019 | 169 | ||
| 1 Jan 2018 – 31 Dec 2018 | 170 | ||
| 1 Jan 2017 – 31 Dec 2017 | 171 | ||
| 1 Jan 2016 – 31 Dec 2016 | 165 | ||
| 1 Jan 2015 – 31 Dec 2015 | 165 | ||
| 1 Jan 2014 – 31 Dec 2014 | 173 | ||
| 1 Jan 2013 – 31 Dec 2013 | 171 | ||
| 1 Jan 2012 – 31 Dec 2012 | 165 | ||
| 1 Jan 2011 – 31 Dec 2011 | 164 | ||
| 1 Jan 2010 – 31 Dec 2010 | 199 | Late | |
| 1 Jan 2009 – 31 Dec 2009 | 147 | ||
| 1 Jan 2008 – 31 Dec 2008 | 158 |
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 | Timmy Lünell Bendixen | Current | |
| CEO | Tommy Olsen | Current | |
| CEO | Vagn Herluf Mørk Jørgensen | ||
| Owner (5%) | 2 Holding Hedensted ApS | Current | |
| Owner (5%) | TLB Holding Odense ApS | Current | |
| Owner (90%) | Bendixen & Olsen Holding Hedensted ApS | Current | |
| Owner (100%) | VAGN H. JØRGENSEN HOLDING ApS | ||
| Owner (5%) | Tommy Olsen | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | Investeringsselskabet af 1. januar 2018 P/S | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | Vagn Herluf Mørk Jørgensen | Current |
The CEOs' other companies
Timmy Lünell Bendixen – 2 other companies
- Bendixen & Olsen Holding Hedensted ApS Active
- TLB Holding Odense ApS Active
Tommy Olsen – 2 other companies
Vagn Herluf Mørk Jørgensen – 2 other companies
- VAGN H. JØRGENSEN HOLDING ApS Active
- VHMJ ApS Active
Address history (2 moves)
| Lundagervej 112, 8723 Løsning | |
| Lundagervej 112, 8723 Løsning | |
| Smedegade 14, 7130 Juelsminde |
Employees per year
Other companies at the same address
- JYSK VANDTEKNIK ApS Active
- NG HOLDING HEDENSTED ApS Active
- Natunor ApS Opløst
- SWT - Simply Water Treatment ApS Fusioneret
- TOTAL LOGISTIK A/S Compulsorily dissolved
- Yogaghar ApS Opløst
Similar companies in Hedensted
- Helge Frandsen Varmeteknik A/S Hornsyld
- NORDFOAM ApS Juelsminde
- SYDJYDSK V V S - CENTER A/S Hedensted
- NØRRE Trading ApS Juelsminde
- KeyLess Nordic IVS Hedensted
- LED-TEK A/S Løsning
- KM ENGROS ApS Hedensted
- FN IMPORT ApS Tørring
- VA PIPE ApS Hedensted
- Selskabet af 01-11-2021 ApS Løsning
- LARS ØSTERGAARD ApS Juelsminde
Questions and answers about PROVAG ApS
Has PROVAG ApS gone bankrupt?
No, PROVAG ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of PROVAG ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of PROVAG ApS?
Timmy Lünell Bendixen, Tommy Olsen are the CEOs of PROVAG ApS.
Who is the auditor of PROVAG ApS?
PROVAG ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was PROVAG ApS founded?
PROVAG ApS was founded on 23 June 2008.
What is the equity of PROVAG ApS?
Equity was DKK 1.7m 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.