TEAM FJELSTED ApS

CVR 32295983 · Private limited company (ApS) · Active · High risk

TEAM FJELSTED ApS is a Private limited company (ApS), founded on , based in Gelsted. The company is registered in the industry drift af sportsklubber. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 16 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Oct 2025) shows equity of DKK -944k and a net result of DKK -727k. CEO: Thomas Thinggaard Sørensen.

Bankruptcy risk for TEAM FJELSTED ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
32295983
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Thomas Thinggaard, Odensevej 35
5591 Gelsted
Municipality
Middelfart
Industry
Drift af sportsklubber (931200)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 20k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-448.0%
Current ratio13%
Moves (last 2 years)0
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -269kDKK 231kDKK -273k
Net profitDKK -727kDKK 202kDKK -336k
EquityDKK -944kDKK -216kDKK -418k
Total assetsDKK 211kDKK 240kDKK 153k
CashDKK 0DKK 19k–
Short-term debtDKK 1.2mDKK 456k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025265 Late
1 Nov 2023 – 31 Oct 2024183
1 Nov 2022 – 31 Oct 2023197 Late
1 Nov 2021 – 31 Oct 2022197 Late
1 Nov 2020 – 31 Oct 2021157
1 Nov 2019 – 31 Oct 2020149
1 Nov 2018 – 31 Oct 2019153
1 Nov 2017 – 31 Oct 2018103
1 Nov 2016 – 31 Oct 2017121
1 Nov 2015 – 31 Oct 2016101
1 Jan 2015 – 31 Oct 201568
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013203 Late
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011158
29 Jul 2009 – 31 Dec 2010156

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
CEOThomas Thinggaard SørensenCurrent
CEOAnnette Vesterskov
CEOKarsten Schmidt Jørgensen Hagensen
CEOLars Højbjerg Romsøe
CEOFreddy Sigvald Elbæk
CEOOle Borch Lorentzen
CEOPia Jacobsen
CEOKim Fredensborg
CEOTom Bauer
CEOThomas Thinggaard Sørensen
Owner (100%)FJELSTED SPEEDWAY KLUBCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
Auditorregnskabsservice lars nørgaard
AuditorPETTERSON & CO ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderAnnette VesterskovCurrent

The CEOs' other companies

Thomas Thinggaard Sørensen – 14 other companies

Karsten Schmidt Jørgensen Hagensen – 4 other companies, of which 1 bankrupt

Lars Højbjerg Romsøe – 2 other companies

Freddy Sigvald Elbæk – 2 other companies, of which 1 bankrupt

Ole Borch Lorentzen – 1 other companies, of which 1 bankrupt

Address history (3 moves)

c/o Thomas Thinggaard, Odensevej 35, 5591 Gelsted
c/o Tom Bauer, Vestermarken 4, 5466 Asperup
c/o Pia Halskov Jacobsen, Søndergade 27, 5591 Gelsted
c/o Anette Vesterskov, Storebæltsvænget 86, 5500 Middelfart

Other companies at the same address

Similar companies in Middelfart

Questions and answers about TEAM FJELSTED ApS

Has TEAM FJELSTED ApS gone bankrupt?

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

What is the bankruptcy risk of TEAM FJELSTED ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of TEAM FJELSTED ApS?

Thomas Thinggaard Sørensen is the CEO of TEAM FJELSTED ApS.

Who is the auditor of TEAM FJELSTED ApS?

TEAM FJELSTED ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TEAM FJELSTED ApS founded?

TEAM FJELSTED ApS was founded on 29 July 2009.

What is the equity of TEAM FJELSTED ApS?

Equity was DKK -944k according to the annual report for the period ending 31 October 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.