THINELEPHANTS A/S

CVR 32338852 · Public limited company (A/S) · Active · Medium risk

THINELEPHANTS A/S is a Public limited company (A/S), founded on , based in Sæby. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 13 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK 139k. CEO: Dennis Vestergaard Thomsen.

Bankruptcy risk for THINELEPHANTS A/S

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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
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×
Employees (latest year)2–5 · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
32338852
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
Skovalleen 14
9300 Sæby
Municipality
Frederikshavn
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 500k
Employees
3 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 13
Missing annual reportNo
Negative equityNo
Equity ratio38.3%
Current ratio79%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.9mDKK 3.1m
Net profitDKK 139kDKK 311k
EquityDKK 1.4mDKK 1.3m
Total assetsDKK 3.7mDKK 2.8m
CashDKK 70k–
Short-term debtDKK 2.2m–
Tax owedDKK 190k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021183
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019252 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014173
23 Jun 2013 – 31 Dec 2013182

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
CEODennis Vestergaard ThomsenCurrent
CEOThorfinnur Unnar Thordarson
BoardDennis Vestergaard ThomsenCurrent
BoardAnne Kaasing ThomsenCurrent
BoardMalene Kaasing ThomsenCurrent
BoardJakob Østervang
BoardMorten Andreas Braae Diederich
BoardThorfinnur Unnar Thordarson
BoardThomas Hohwü
BoardJens Peter Andersen
BoardLouise Kaasing Thomsen
Owner (100%)KAASING HOLDING ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBurholt Revision
FounderKAASING HOLDING ApSCurrent

The CEOs' other companies

Dennis Vestergaard Thomsen – 10 other companies, of which 3 bankrupt

Thorfinnur Unnar Thordarson – 9 other companies, of which 3 bankrupt

Address history (0 moves)

Skovalleen 14, 9300 Sæby

Employees per year

Number of employees at THINELEPHANTS A/S per year352015: 120152016: 420162017: 520172018: 32018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about THINELEPHANTS A/S

Has THINELEPHANTS A/S gone bankrupt?

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

What is the bankruptcy risk of THINELEPHANTS A/S?

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 THINELEPHANTS A/S?

Dennis Vestergaard Thomsen is the CEO of THINELEPHANTS A/S.

Who is the auditor of THINELEPHANTS A/S?

THINELEPHANTS A/S most recently used Beierholm.

When was THINELEPHANTS A/S founded?

THINELEPHANTS A/S was founded on 23 June 2013.

What is the equity of THINELEPHANTS A/S?

Equity was DKK 1.4m 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.