THYGESEN TEXTILE GROUP A/S

CVR 31766850 · Public limited company (A/S) · Active · Low risk

THYGESEN TEXTILE GROUP A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 350.6m and a net result of DKK 25.7m. CEO: Morten Georg Thygesen.

Bankruptcy risk for THYGESEN TEXTILE GROUP A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
31766850
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Tulstrupvej 9
7430 Ikast
Municipality
Ikast-Brande
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 12.0m
Employees
4 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio77.3%
Current ratio36%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 2.3mDKK 2.4mDKK 3.0m
Gross profitDKK -2.5mDKK -1.5mDKK -42k
Net profitDKK 25.7mDKK 28.4mDKK 15.0m
EquityDKK 350.6mDKK 356.2mDKK 332.0m
Total assetsDKK 453.7mDKK 471.6mDKK 488.1m
CashDKK 21.8mDKK 6.9m–
Short-term debtDKK 80.1mDKK 97.5m–
Tax owedDKK 0DKK 0–
Avg. employees2231–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021131
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019126
1 Jan 2018 – 31 Dec 2018135
1 May 2016 – 30 Apr 201768
1 May 2015 – 30 Apr 201669
1 May 2014 – 30 Apr 201569
1 May 2013 – 30 Apr 201470
1 May 2012 – 30 Apr 201376
1 May 2011 – 30 Apr 2012105
1 May 2010 – 30 Apr 2011127
1 May 2009 – 30 Apr 2010150
1 May 2008 – 30 Apr 2009136

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
CEOMorten Georg ThygesenCurrent
CEONiels Laurits Thygesen
CEOJens Okkels Hansen
CEOJens Thygesen
BoardHans Olesen DamgaardCurrent
BoardJesper RasmussenCurrent
BoardClaus Hammer-PedersenCurrent
BoardEskild Georg Thygesen
BoardSøren Thygesen
BoardNiels Laurits Thygesen
BoardJens Thygesen
BoardMorten Georg Thygesen
BoardMarie Kjær Petersen
BoardAnne Kjær Thygesen
BoardKirsten Kjær Thygesen
BoardMichael Bjørno Jensen
BoardHans Olesen Damgaard
BoardLouise Byg Kongsholm
BoardThomas Gammelgaard Frederiksen
BoardSvend Aage Færch Nielsen
BoardEvelyne Durhuus Daugberg
BoardNiels Laurits Thygesen
BoardNiels Laurits Thygesen
Owner (100%)Thygesen Group Holding A/SCurrent
Owner (100%)Niels Laurits Thygesen
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorK P M G C JESPERSEN ÅRHUS I/S

The CEOs' other companies

Morten Georg Thygesen – 16 other companies

Niels Laurits Thygesen – 44 other companies, of which 2 bankrupt

Jens Okkels Hansen – 33 other companies, of which 3 bankrupt

Jens Thygesen – 18 other companies

Address history (1 moves)

Tulstrupvej 9, 7430 Ikast
c/o Niels Laurits Thygesen, Broholmvej 18, 7430 Ikast

Former names

THYGESEN TEXTILE GROUP A/S – now
NLT HOLDING A/S –

Employees per year

Number of employees at THYGESEN TEXTILE GROUP A/S per year352011: 520112012: 420122013: 420132014: 420142015: 520152016: 320162017: 520172018: 42018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about THYGESEN TEXTILE GROUP A/S

Has THYGESEN TEXTILE GROUP A/S gone bankrupt?

No, THYGESEN TEXTILE GROUP A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of THYGESEN TEXTILE GROUP A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of THYGESEN TEXTILE GROUP A/S?

Morten Georg Thygesen is the CEO of THYGESEN TEXTILE GROUP A/S.

Who is the auditor of THYGESEN TEXTILE GROUP A/S?

THYGESEN TEXTILE GROUP A/S most recently used EY Godkendt Revisionspartnerselskab.

When was THYGESEN TEXTILE GROUP A/S founded?

THYGESEN TEXTILE GROUP A/S was founded on 26 September 2008.

What is the equity of THYGESEN TEXTILE GROUP A/S?

Equity was DKK 350.6m 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.