THERMAX DENMARK ApS

CVR 33255748 · Private limited company (ApS) · Active · Low risk

THERMAX DENMARK ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 113.2m and a net result of DKK 18.7m.

Bankruptcy risk for THERMAX DENMARK ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
33255748
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Industrivej Nord 13
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 113.2m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio66.5%
Current ratio16%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 18.7mDKK 37.4mDKK 22.9m
EquityDKK 113.2mDKK 95.0mDKK 56.6m
Total assetsDKK 170.3mDKK 145.8mDKK 100.3m
CashDKK 0DKK 0–
Short-term debtDKK 57.1mDKK 50.8m–
Tax owedDKK 0DKK 0–
Avg. employees–0–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026101
1 Apr 2024 – 31 Mar 2025106
1 Apr 2023 – 31 Mar 202495
1 Apr 2022 – 31 Mar 2023103
1 Apr 2021 – 31 Mar 202283
1 Apr 2020 – 31 Mar 202162
1 Apr 2019 – 31 Mar 202093
1 Apr 2018 – 31 Mar 2019131
1 Apr 2017 – 31 Mar 201858
1 Apr 2016 – 31 Mar 201762
1 Apr 2015 – 31 Mar 201669
1 Apr 2014 – 31 Mar 201562
1 Apr 2013 – 31 Mar 201467
1 Apr 2012 – 31 Mar 201357
29 Oct 2010 – 31 Mar 201258

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
CEOMahadevan Gopal
CEOAmitabha Mukhopadhyay
CEOHemant Prabhakar Mohgaonkar
CEORajendran Arunachalam
CEORakesh Rampratap Tripathi
BoardMahesh Channakeshaviah BukinkereCurrent
BoardBill Jayesh Shukla
Owner (100%)Thermax Netherlands B.V.Current
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Danmark A/S
AuditorEY Godkendt Revisionspartnerselskab
FounderNiels Jørgen KornerupCurrent

Address history (2 moves)

Industrivej Nord 13, 7400 Herning
Industrivej Nord 13, 7400 Herning
c/o Bech-Bruun, Langelinie Allé 35, 2100 København Ø

Other companies at the same address

Similar companies in Herning

Questions and answers about THERMAX DENMARK ApS

Has THERMAX DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of THERMAX DENMARK ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of THERMAX DENMARK ApS?

THERMAX DENMARK ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was THERMAX DENMARK ApS founded?

THERMAX DENMARK ApS was founded on 29 October 2010.

What is the equity of THERMAX DENMARK ApS?

Equity was DKK 113.2m 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.