TSI Nordic ApS

CVR 32563449 · Private limited company (ApS) · Active · Low risk

TSI Nordic ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry engroshandel med øl, mineralvand, frugt- og grøntsagssaft. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 16 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 9.9m and a net result of DKK 5.0m. CEO: Torben Nissum Schmidt.

Bankruptcy risk for TSI Nordic ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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
32563449
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Møllegade 32, st. tv
8000 Aarhus C
Municipality
Aarhus
Industry
Engroshandel med øl, mineralvand, frugt- og grøntsagssaft (463410)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
2 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio46.2%
Current ratio160%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address44
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 11.2mDKK 11.8m
Net profitDKK 5.0mDKK 6.7m
EquityDKK 9.9mDKK 8.6m
Total assetsDKK 21.5mDKK 18.5m
CashDKK 600k–
Short-term debtDKK 11.4m–
Tax owedDKK 0–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022168
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020106
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017138
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014187 Late
1 Jan 2013 – 31 Dec 2013171
1 Jan 2012 – 31 Dec 2012170
1 Jan 2011 – 31 Dec 2011197 Late
10 Nov 2009 – 31 Dec 2010177

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
CEOTorben Nissum SchmidtCurrent
CEOSorapong Patrick Sumandta
CEOPeter Reffstrup Krabbe
Owner (25%)Between Invest ApSCurrent
Owner (67%)PROMUS Holding GmbHCurrent
Owner (100%)Husum Water International GmbH
Owner (100%)Husumer Mineralbrunnen HMB GmbH
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorTIMEVISION PADBORG GODKENDT REVISIONSANPARTSSELSKAB
Auditor3 STK ApS
FounderBest Water Actilive GmbHCurrent

The CEOs' other companies

Torben Nissum Schmidt – 2 other companies

Peter Reffstrup Krabbe – 5 other companies

Address history (3 moves)

Møllegade 32, st. tv, 8000 Aarhus C
Møllegade 32, 2., 8000 Aarhus C
Møllegade 32, 1., 8000 Aarhus C
c/o Baghuset, Frederiksgade 70, 8000 Aarhus C

Former names

TSI Nordic ApS – now
HUSUM WATER ApS –

Employees per year

Number of employees at TSI Nordic ApS per year122011: 120112012: 120122013: 120132014: 120142015: 120152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TSI Nordic ApS

Has TSI Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of TSI Nordic ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of TSI Nordic ApS?

Torben Nissum Schmidt is the CEO of TSI Nordic ApS.

Who is the auditor of TSI Nordic ApS?

TSI Nordic ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TSI Nordic ApS founded?

TSI Nordic ApS was founded on 10 November 2009.

What is the equity of TSI Nordic ApS?

Equity was DKK 9.9m 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.