TERMANSEN HOLDING, VARDE ApS

CVR 32365663 · Private limited company (ApS) · Active · Low risk

TERMANSEN HOLDING, VARDE ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 6.7m and a net result of DKK 208k. CEO: Poul Termansen Ries.

Bankruptcy risk for TERMANSEN HOLDING, VARDE ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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
32365663
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Navervej 11
6800 Varde
Municipality
Varde
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 17
Missing annual reportNo
Negative equityNo
Equity ratio81.6%
Current ratio269%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -14kDKK -15k
Net profitDKK 208kDKK 450k
EquityDKK 6.7mDKK 6.5m
Total assetsDKK 8.2mDKK 8.1m
CashDKK 11k–
Short-term debtDKK 1.5m–
Tax owedDKK 18k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025192 Late
1 Jan 2024 – 31 Dec 2024187 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022196 Late
1 Jan 2021 – 31 Dec 2021198 Late
1 Jan 2020 – 31 Dec 2020200 Late
1 Jan 2019 – 31 Dec 2019260 Late
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016155
1 Jan 2015 – 31 Dec 2015156
1 Jan 2014 – 31 Dec 2014126
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012119
1 Jan 2011 – 31 Dec 2011135
1 Jan 2010 – 31 Dec 2010157
20 Aug 2009 – 31 Dec 2009159

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
CEOPoul Termansen RiesCurrent
Owner (100%)Poul Termansen RiesCurrent
AuditorK/M REVISION A/S
FounderPoul Termansen RiesCurrent

The CEOs' other companies

Poul Termansen Ries – 8 other companies, of which 1 bankrupt

Address history (0 moves)

Navervej 11, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about TERMANSEN HOLDING, VARDE ApS

Has TERMANSEN HOLDING, VARDE ApS gone bankrupt?

No, TERMANSEN HOLDING, VARDE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TERMANSEN HOLDING, VARDE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TERMANSEN HOLDING, VARDE ApS?

Poul Termansen Ries is the CEO of TERMANSEN HOLDING, VARDE ApS.

When was TERMANSEN HOLDING, VARDE ApS founded?

TERMANSEN HOLDING, VARDE ApS was founded on 20 August 2009.

What is the equity of TERMANSEN HOLDING, VARDE ApS?

Equity was DKK 6.7m 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.