THODE ERHVERV ApS

CVR 31887844 · Private limited company (ApS) · Active · Medium risk

THODE ERHVERV ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry andre reklameaktiviteter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.1m and a net result of DKK -52k. CEO: Bernt Nielsen.

Bankruptcy risk for THODE ERHVERV ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×

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 reports< 0.01% · bankruptcy rate 5.2%0.59×
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
31887844
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
H.P. Simonsens Allé 151
5250 Odense SV
Municipality
Odense
Industry
Andre reklameaktiviteter (731190)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 198k
Employees
0 (2018)
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-2,636.3%
Current ratio7%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -49kDKK 124kDKK 243k
Net profitDKK -52kDKK 105kDKK 185k
EquityDKK -2.1mDKK -2.0mDKK -2.2m
Total assetsDKK 80kDKK 930kDKK 879k
CashDKK 64kDKK 923k–
Short-term debtDKK 1.1mDKK 1.9m–
Tax owedDKK 0DKK 23k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 2024112
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020127
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014174
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011176
1 Jan 2010 – 31 Dec 2010160
18 Dec 2008 – 31 Dec 2009154

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
CEOBernt NielsenCurrent
CEOKen Thode Løvkvist
Owner (100%)Bernt NielsenCurrent
Owner (100%)BERN HOLDING ApS
AuditorHUNDERUP HOLDING GODKENDT REVISIONSAKTIESELSKAB
AuditorOle Schmidt
AuditorAIDER Godkendt Revisionsaktieselskab
FounderKENTH HOLDING ApSCurrent

The CEOs' other companies

Bernt Nielsen – 5 other companies, of which 1 bankrupt

Ken Thode Løvkvist – 4 other companies

Address history (3 moves)

H.P. Simonsens Allé 151, 5250 Odense SV
H.P. Simonsens Allé 151, 5250 Odense SV
Lind Hansens Vej 9, 5000 Odense C
Sanderumvej 99, 5250 Odense SV

Employees per year

Number of employees at THODE ERHVERV ApS per year232011: 320112012: 120122013: 120132014: 220142015: 220152016: 220162017: 220172018: 02018

Other companies at the same address

Similar companies in Odense

Questions and answers about THODE ERHVERV ApS

Has THODE ERHVERV ApS gone bankrupt?

No, THODE ERHVERV ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of THODE ERHVERV ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of THODE ERHVERV ApS?

Bernt Nielsen is the CEO of THODE ERHVERV ApS.

Who is the auditor of THODE ERHVERV ApS?

THODE ERHVERV ApS most recently used Baker Tilly Denmark.

When was THODE ERHVERV ApS founded?

THODE ERHVERV ApS was founded on 18 December 2008.

What is the equity of THODE ERHVERV ApS?

Equity was DKK -2.1m 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.