TIMCO DANMARK ApS

CVR 32288243 · Private limited company (ApS) · Active · Low risk

TIMCO DANMARK ApS is a Private limited company (ApS), founded on , based in Haderslev. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 17 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19.9m and a net result of DKK 2.2m. CEO: Tim Jørgensen.

Bankruptcy risk for TIMCO DANMARK ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32288243
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Vinkelvej 9
6100 Haderslev
Municipality
Haderslev
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 125k
Employees
1 (2018)
Auditor
CKF Revision ApS Godkendt revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 17
Missing annual reportNo
Negative equityNo
Equity ratio73.6%
Current ratio155%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 383kDKK 62k
Net profitDKK 2.2mDKK 2.2m
EquityDKK 19.9mDKK 17.7m
Total assetsDKK 27.1mDKK 27.3m
CashDKK 972k–
Short-term debtDKK 1.4m–
Tax owedDKK 373k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · CKF Revision ApS Godkendt revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025185 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014192 Late
1 Jan 2013 – 31 Dec 2013173
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010172
9 Jul 2009 – 31 Dec 2009172

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 JørgensenCurrent
Owner (100%)Tim JørgensenCurrent
AuditorEjendommen Jomfrustien 27, Haderslev I/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTim JørgensenCurrent

The CEOs' other companies

Tim Jørgensen – 7 other companies, of which 2 bankrupt

Address history (1 moves)

Vinkelvej 9, 6100 Haderslev
Vinkelvej 9, 6100 Haderslev

Employees per year

Number of employees at TIMCO DANMARK ApS per year122013: 220132014: 220142016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Haderslev

Questions and answers about TIMCO DANMARK ApS

Has TIMCO DANMARK ApS gone bankrupt?

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

What is the bankruptcy risk of TIMCO DANMARK ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of TIMCO DANMARK ApS?

Tim Jørgensen is the CEO of TIMCO DANMARK ApS.

Who is the auditor of TIMCO DANMARK ApS?

TIMCO DANMARK ApS most recently used CKF Revision ApS Godkendt revisionsfirma.

When was TIMCO DANMARK ApS founded?

TIMCO DANMARK ApS was founded on 9 July 2009.

What is the equity of TIMCO DANMARK ApS?

Equity was DKK 19.9m 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.