Thybo Ejendomsudvikling A/S

CVR 32676014 · Public limited company (A/S) · Active · Low risk

Thybo Ejendomsudvikling A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry gennemførelse af byggeprojekter. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 96.6m and a net result of DKK 21.0m. CEO: Rasmus Christen Kjær.

Bankruptcy risk for Thybo Ejendomsudvikling A/S

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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
32676014
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Marselisborg Havnevej 56, st. th
8000 Aarhus C
Municipality
Aarhus
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 500k
Employees
3 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 16
Missing annual reportNo
Negative equityNo
Equity ratio52.4%
Current ratio317%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies7
Other companies at the address84
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.9mDKK 11.0m
Net profitDKK 21.0mDKK 19.3m
EquityDKK 96.6mDKK 83.6m
Total assetsDKK 184.3mDKK 154.0m
CashDKK 7.2m–
Short-term debtDKK 52.9m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RedmarkGodkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 2024106
1 Jan 2023 – 31 Dec 202385
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018131
1 Jan 2017 – 31 Dec 201778
1 Jan 2016 – 31 Dec 201647
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 201468
1 Jan 2013 – 31 Dec 201373
1 Jan 2012 – 31 Dec 2012135
1 Jan 2011 – 31 Dec 2011101
30 Dec 2009 – 31 Dec 2010136

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
CEORasmus Christen KjærCurrent
BoardRasmus Christen KjærCurrent
BoardChristen Aagesen KjærCurrent
BoardPernille Stilling KuchCurrent
BoardPaul Bjerring
BoardErling Thybo
BoardNiels Peter Thybo
BoardTorben Lang
BoardChristen Aagesen Kjær
BoardJens Ove Lang
Owner (100%)Langkjær Estate A/SCurrent
Owner (15%)NPT HOLDING ApS
Owner (15%)E. THYBO HOLDING ApS
Owner (33%)RC KJÆR INVEST ApS
Owner (33%)T LANG INVEST ApS
Owner (33%)RC KJÆR INVEST ApS
Owner (33%)T LANG INVEST ApS
Owner (50%)RC KJÆR INVEST ApS
Owner (50%)T LANG INVEST ApS
Owner (100%)RC KJÆR INVEST ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorRGD REVISIONSPARTNERSELSKAB
FounderNPT HOLDING ApSCurrent
FounderE. THYBO HOLDING ApSCurrent
FounderRC KJÆR INVEST ApSCurrent
FounderT LANG INVEST ApSCurrent

The CEOs' other companies

Rasmus Christen Kjær – 57 other companies, of which 13 bankrupt

Address history (3 moves)

Marselisborg Havnevej 56, st. th, 8000 Aarhus C
Søndergade 74, 5., 8000 Aarhus C
Grønnegade 93, 8000 Aarhus C
Søtoften 12, 8660 Skanderborg

Former names

Thybo Ejendomsudvikling A/S – now
BRDR. THYBO EJENDOMSUDVIKLING A/S –

Employees per year

Number of employees at Thybo Ejendomsudvikling A/S per year242011: 220112012: 320122013: 320132014: 320142015: 320152016: 420162017: 420172018: 32018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Thybo Ejendomsudvikling A/S

Has Thybo Ejendomsudvikling A/S gone bankrupt?

No, Thybo Ejendomsudvikling A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Thybo Ejendomsudvikling A/S?

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 Thybo Ejendomsudvikling A/S?

Rasmus Christen Kjær is the CEO of Thybo Ejendomsudvikling A/S.

Who is the auditor of Thybo Ejendomsudvikling A/S?

Thybo Ejendomsudvikling A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Thybo Ejendomsudvikling A/S founded?

Thybo Ejendomsudvikling A/S was founded on 30 December 2009.

What is the equity of Thybo Ejendomsudvikling A/S?

Equity was DKK 96.6m 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.