TRUE HOLDING ApS

CVR 32644880 · Private limited company (ApS) · Active · Low risk

TRUE HOLDING ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 1.0m and a net result of DKK 193k. CEO: Lars True Knudsen.

Bankruptcy risk for TRUE HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
32644880
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Vestergade 2A, st. th
5500 Middelfart
Municipality
Middelfart
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio75.5%
Current ratio13%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -8,144DKK -5,119DKK -6,990
Net profitDKK 193kDKK 176kDKK 195k
EquityDKK 1.0mDKK 845kDKK 669k
Total assetsDKK 1.4mDKK 1.2mDKK 1.0m
CashDKK 886DKK 25–
Short-term debtDKK 6,850DKK 5,125–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202670
1 Apr 2024 – 31 Mar 202566
1 Apr 2023 – 31 Mar 202474
1 Apr 2022 – 31 Mar 202391
1 Apr 2021 – 31 Mar 2022153
1 Apr 2020 – 31 Mar 2021163
1 Apr 2019 – 31 Mar 2020157
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 2017116
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 201599
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011163
27 Nov 2009 – 31 Dec 2010158

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
CEOLars True KnudsenCurrent
Owner (100%)Lars True KnudsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorRevice, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLars True KnudsenCurrent

The CEOs' other companies

Lars True Knudsen – 2 other companies

Address history (4 moves)

Vestergade 2A, st. th, 5500 Middelfart
Vestergade 2A, st. tv, 5500 Middelfart
Vestergade 2A, 1. TH, 5500 Middelfart
Fænøsund Park 1, 2. 2, 5500 Middelfart
Asylgade 11, 2., 5000 Odense C

Other companies at the same address

Similar companies in Middelfart

Questions and answers about TRUE HOLDING ApS

Has TRUE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TRUE HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TRUE HOLDING ApS?

Lars True Knudsen is the CEO of TRUE HOLDING ApS.

Who is the auditor of TRUE HOLDING ApS?

TRUE HOLDING ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TRUE HOLDING ApS founded?

TRUE HOLDING ApS was founded on 27 November 2009.

What is the equity of TRUE HOLDING ApS?

Equity was DKK 1.0m according to the annual report for the period ending 31 March 2026.

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