TREE-VISION FINANS ApS

CVR 32476929 · Private limited company (ApS) · Active · High risk

TREE-VISION FINANS ApS is a Private limited company (ApS), founded on , based in Langeskov. The company is registered in the industry engroshandel med blomster og planter. 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 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 49k and a net result of DKK 24k. CEO: Erling Kortegaard.

Bankruptcy risk for TREE-VISION FINANS 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's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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 reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
32476929
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Grønvangen 129
5550 Langeskov
Municipality
Kerteminde
Industry
Engroshandel med blomster og planter (462200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 16
Missing annual reportNo
Negative equityNo
Equity ratio11.4%
Current ratio99%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 564kDKK 64k
Net profitDKK 24kDKK 83k
EquityDKK 49kDKK 25k
Total assetsDKK 425kDKK 56k
CashDKK 0–
Short-term debtDKK 377k–
Tax owedDKK 46k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revision & Råd, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025171
1 Jul 2023 – 30 Jun 2024162
1 Jul 2022 – 30 Jun 202396
1 Jul 2021 – 30 Jun 2022187 Late
1 Jul 2020 – 30 Jun 2021173
1 Jul 2019 – 30 Jun 2020176
1 Jul 2018 – 30 Jun 2019186 Late
1 Jul 2017 – 30 Jun 2018173
1 Jul 2016 – 30 Jun 2017174
1 Jul 2015 – 30 Jun 2016167
1 Jul 2014 – 30 Jun 2015174
1 Jul 2013 – 30 Jun 2014189 Late
1 Jul 2012 – 30 Jun 2013171
1 Jul 2011 – 30 Jun 2012172
1 Jul 2010 – 30 Jun 2011171
8 Oct 2009 – 30 Jun 2010172

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
CEOErling KortegaardCurrent
CEOHenrik Peter Mainz
BoardPoul Nicholaisen
BoardLaurits Møller Larsen
BoardJørgen Staun Bang
BoardHenrik Peter Mainz
BoardCarl Johan Klarskov Larsen
BoardHenrik Læssø Belderbos
BoardHenrik Peter Mainz
Owner (100%)Kormak ApSCurrent
Owner (100%)Henrik Peter Mainz
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderHenrik Peter MainzCurrent

The CEOs' other companies

Erling Kortegaard – 10 other companies, of which 4 bankrupt

Address history (2 moves)

Grønvangen 129, 5550 Langeskov
Grønvangen 129, 5550 Langeskov
Hørupvej 1, 3550 Slangerup

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about TREE-VISION FINANS ApS

Has TREE-VISION FINANS ApS gone bankrupt?

No, TREE-VISION FINANS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TREE-VISION FINANS 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 TREE-VISION FINANS ApS?

Erling Kortegaard is the CEO of TREE-VISION FINANS ApS.

Who is the auditor of TREE-VISION FINANS ApS?

TREE-VISION FINANS ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TREE-VISION FINANS ApS founded?

TREE-VISION FINANS ApS was founded on 8 October 2009.

What is the equity of TREE-VISION FINANS ApS?

Equity was DKK 49k according to the annual report for the period ending 30 June 2025.

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