Torben-Aars ApS

CVR 32564127 · Private limited company (ApS) · Active · High risk

Torben-Aars ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 17 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 -881k and a net result of DKK 91k. CEO: Torben Vester Nielsen.

Bankruptcy risk for Torben-Aars 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

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
32564127
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Himmerlandsgade 68
9600 Aars
Municipality
Vesthimmerlands
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 250k
Employees
8 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-57.1%
Current ratio153%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.6mDKK 1.1mDKK 1.3m
Net profitDKK 91kDKK -390kDKK -543k
EquityDKK -881kDKK -972kDKK -582k
Total assetsDKK 1.5mDKK 1.4mDKK 1.6m
CashDKK 585kDKK 316k–
Short-term debtDKK 787kDKK 674k–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017156
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012126
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010157
1 Jul 2009 – 31 Dec 2009154

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 Vester NielsenCurrent
Owner (20%)Louise HedemannCurrent
Owner (67%)VALSGÅRD HOLDING ApSCurrent
Owner (100%)VALSGÅRD HOLDING ApS
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab

The CEOs' other companies

Torben Vester Nielsen – 10 other companies

Address history (1 moves)

Himmerlandsgade 68, 9600 Aars
c/o Torben Vester Nielsen, Skovbovej 30, 9500 Hobro

Former names

Torben-Aars ApS – now
B-YOUNG AARS ApS –

Employees per year

Number of employees at Torben-Aars ApS per year482011: 420112012: 320122013: 420132014: 520142015: 620152016: 720162017: 720172018: 82018

Similar companies in Vesthimmerlands

Questions and answers about Torben-Aars ApS

Has Torben-Aars ApS gone bankrupt?

No, Torben-Aars ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Torben-Aars 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 Torben-Aars ApS?

Torben Vester Nielsen is the CEO of Torben-Aars ApS.

Who is the auditor of Torben-Aars ApS?

Torben-Aars ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Torben-Aars ApS founded?

Torben-Aars ApS was founded on 1 November 2009.

What is the equity of Torben-Aars ApS?

Equity was DKK -881k 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.