HOUSE OF COMPOSITES ApS

CVR 31631947 · Private limited company (ApS) · Active · Low risk

HOUSE OF COMPOSITES ApS is a Private limited company (ApS), founded on , based in Vamdrup. The company is registered in the industry fremstilling af glasfiber. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 17 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -3.3m and a net result of DKK -4.4m. CEO: Tim Møller Hansen.

Bankruptcy risk for HOUSE OF COMPOSITES ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% 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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
31631947
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Kærmindevej 2B
6580 Vamdrup
Municipality
Kolding
Industry
Fremstilling af glasfiber (231400)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 125k
Employees
8 (2018)
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-373.2%
Current ratio29%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -3.1mDKK 1.2mDKK 317k
Net profitDKK -4.4mDKK 187kDKK -1.3m
EquityDKK -3.3mDKK 1.2mDKK 971k
Total assetsDKK 872kDKK 5.2mDKK 5.1m
Short-term debtDKK 3.0mDKK 3.0m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025183
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023198 Late
1 Oct 2021 – 30 Sep 2022164
1 Oct 2020 – 30 Sep 2021147
1 Oct 2019 – 30 Sep 2020156
1 Oct 2018 – 30 Sep 2019156
1 Oct 2017 – 30 Sep 2018163
1 Oct 2016 – 30 Sep 2017155
1 Oct 2015 – 30 Sep 2016151
1 Oct 2014 – 30 Sep 2015166
1 Oct 2013 – 30 Sep 2014156
1 Oct 2012 – 30 Sep 2013168
1 Oct 2011 – 30 Sep 2012173
1 Oct 2010 – 30 Sep 2011152
1 Oct 2009 – 30 Sep 2010179
20 Aug 2008 – 30 Sep 2009161

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 Møller HansenCurrent
BoardSøren MadsenCurrent
BoardTim Møller HansenCurrent
BoardChristina Møller HansenCurrent
BoardAnders Nørgaard
Owner (100%)TMH INVEST ApSCurrent
AuditorFOLK ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTMH INVEST ApSCurrent

The CEOs' other companies

Tim Møller Hansen – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Kærmindevej 2B, 6580 Vamdrup
Kærmindevej 2B, 6580 Vamdrup
Ødis Enghave 2, 6580 Vamdrup

Employees per year

Number of employees at HOUSE OF COMPOSITES ApS per year6122011: 520112012: 120122013: 320132014: 420142015: 920152016: 820162017: 1220172018: 82018

Other companies at the same address

Similar companies in Kolding

Questions and answers about HOUSE OF COMPOSITES ApS

Has HOUSE OF COMPOSITES ApS gone bankrupt?

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

What is the bankruptcy risk of HOUSE OF COMPOSITES ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of HOUSE OF COMPOSITES ApS?

Tim Møller Hansen is the CEO of HOUSE OF COMPOSITES ApS.

Who is the auditor of HOUSE OF COMPOSITES ApS?

HOUSE OF COMPOSITES ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was HOUSE OF COMPOSITES ApS founded?

HOUSE OF COMPOSITES ApS was founded on 20 August 2008.

What is the equity of HOUSE OF COMPOSITES ApS?

Equity was DKK -3.3m 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.