TSR DANMARK ApS

CVR 33252307 · Private limited company (ApS) · Active · Very high risk

TSR DANMARK ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2024) shows equity of DKK -327k and a net result of DKK -20k. CEO: Torben Lund Smedegaard, Denis Reuter.

Bankruptcy risk for TSR DANMARK ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Municipality changes3+ · bankruptcy rate 10.6%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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 reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
33252307
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o Aage Espersen & Søn A/S, Svansøvej 2
7800 Skive
Municipality
Skive
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 1.0m
Employees
0 (2014)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportYes
Negative equityYes
Equity ratio-440.9%
Current ratio19%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20242023
Gross profitDKK -11kDKK -8,496
Net profitDKK -20kDKK -18k
EquityDKK -327kDKK -307k
Total assetsDKK 74kDKK 45k
CashDKK 15k–
Short-term debtDKK 402k–
Tax owedDKK 54k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2024 – 31 Dec 2024148
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017134
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012159
25 Oct 2010 – 31 Dec 2011173

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 Lund SmedegaardCurrent
CEODenis ReuterCurrent
CEOTorben Lund Smedegaard
CEOFlemming Bo Nielsen
CEOChristian Ulrich Weber
CEOMichael Andreas Freitag
CEOWolfgang Kämper
Owner (100%)TSR International GmbHCurrent
AuditorKlinteby Consult
AuditorREVISIONSFIRMAET EGEKVIST
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTorben Lund SmedegaardCurrent

The CEOs' other companies

Torben Lund Smedegaard – 3 other companies, of which 1 bankrupt

Flemming Bo Nielsen – 4 other companies

Address history (4 moves)

c/o Aage Espersen & Søn A/S, Svansøvej 2, 7800 Skive
Sdr. Havnegade 7, 1., 6000 Kolding
Kildeparken 12, 8722 Hedensted
c/o Torben Lund Smedegaard, Krøsbærvej 13, 7400 Herning
Miljøvej 1, 7400 Herning

Former names

TSR DANMARK ApS – now
TS RECYCLING ApS –

Employees per year

Number of employees at TSR DANMARK ApS per year242011: 420112012: 420122013: 420132014: 02014

Other companies at the same address

Similar companies in Skive

Questions and answers about TSR DANMARK ApS

Has TSR DANMARK ApS gone bankrupt?

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

What is the bankruptcy risk of TSR DANMARK ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of TSR DANMARK ApS?

Torben Lund Smedegaard, Denis Reuter are the CEOs of TSR DANMARK ApS.

Who is the auditor of TSR DANMARK ApS?

TSR DANMARK ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was TSR DANMARK ApS founded?

TSR DANMARK ApS was founded on 25 October 2010.

What is the equity of TSR DANMARK ApS?

Equity was DKK -327k according to the annual report for the period ending 31 December 2024.

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