TF SPORTSHORSES ApS

CVR 32935672 · Private limited company (ApS) · Active · Low risk

TF SPORTSHORSES ApS is a Private limited company (ApS), founded on , based in Gjerlev J. The company is registered in the industry avl af heste og dyr af hestefamilien. 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 Dec 2025) shows equity of DKK 281k and a net result of DKK 59k. CEO: Torben Frandsen.

Bankruptcy risk for TF SPORTSHORSES 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32935672
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Hvilhusevej 17
8983 Gjerlev J
Municipality
Randers
Industry
Avl af heste og dyr af hestefamilien (014300)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio69.1%
Current ratio324%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 82kDKK -41kDKK 257k
Net profitDKK 59kDKK -33kDKK 194k
EquityDKK 281kDKK 222kDKK 254k
Total assetsDKK 406kDKK 310kDKK 321k
CashDKK 41kDKK 31k–
Short-term debtDKK 125kDKK 88k–
Tax owedDKK 12k––

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 201887
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 201690
1 Jan 2015 – 31 Dec 201598
1 Jan 2014 – 31 Dec 201482
1 Jan 2013 – 31 Dec 201373
1 Jan 2012 – 31 Dec 2012105
1 Jan 2011 – 31 Dec 201131
12 May 2010 – 31 Dec 2010145

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 FrandsenCurrent
Owner (100%)TORBEN FRANDSEN HOLDING ApSCurrent
Auditor18. juni 2024 P/S
FounderTorben FrandsenCurrent

The CEOs' other companies

Torben Frandsen – 3 other companies

Address history (0 moves)

Hvilhusevej 17, 8983 Gjerlev J

Other companies at the same address

Similar companies in Randers

Questions and answers about TF SPORTSHORSES ApS

Has TF SPORTSHORSES ApS gone bankrupt?

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

What is the bankruptcy risk of TF SPORTSHORSES 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 TF SPORTSHORSES ApS?

Torben Frandsen is the CEO of TF SPORTSHORSES ApS.

When was TF SPORTSHORSES ApS founded?

TF SPORTSHORSES ApS was founded on 12 May 2010.

What is the equity of TF SPORTSHORSES ApS?

Equity was DKK 281k 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.