TS TECH A/S

CVR 33362420 · Public limited company (A/S) · Active · High risk

TS TECH A/S is a Public limited company (A/S), founded on , based in Esbjerg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 15 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 13.4m and a net result of DKK 6.2m. CEO: Thomas Vallentin West.

Bankruptcy risk for TS TECH A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · 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×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
33362420
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
H E Bluhmes Vej 45
6700 Esbjerg
Municipality
Esbjerg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 5.0m
Employees
35 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio17.5%
Current ratio146%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 58.3mDKK 59.6mDKK 47.9m
Net profitDKK 6.2mDKK 4.4mDKK 9.8m
EquityDKK 13.4mDKK 7.2mDKK 17.8m
Total assetsDKK 76.5mDKK 62.0mDKK 41.3m
CashDKK 368kDKK 259k–
Short-term debtDKK 48.9mDKK 44.0m–
Tax owedDKK 3.0mDKK 4.6m–
Avg. employees6864–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024213 Late
1 Jan 2023 – 31 Dec 2023115
1 Nov 2021 – 31 Dec 2022118
1 Nov 2020 – 31 Oct 202172
1 Nov 2019 – 31 Oct 202051
1 Nov 2018 – 31 Oct 201967
1 Nov 2017 – 31 Oct 201850
1 Jul 2016 – 31 Oct 201772
1 Jul 2015 – 30 Jun 201660
1 Jul 2014 – 30 Jun 201571
1 Jul 2013 – 30 Jun 201478
1 Jul 2012 – 30 Jun 201375
1 Jul 2011 – 30 Jun 201296
1 Jul 2010 – 30 Jun 201182

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
CEOThomas Vallentin WestCurrent
CEOThomas Bech Sandholdt
CEOThomas Vallentin West
BoardJohn SørensenCurrent
BoardNiels Grening LangerhuusCurrent
BoardDennis Østergård MathiasenCurrent
BoardThomas Bech Sandholdt
BoardDorthe Bech Sandholdt
BoardHenrik Lausten Jørgensen
BoardLars Jensen
BoardChristian Møller Christensen
BoardLars Jensen
BoardKaj Møller Lindvig
BoardNiels Grening Langerhuus
BoardMads Danielsen
Owner (100%)TS Tech Group A/SCurrent
Owner (5%)Henrik Frede Nickelsen
Owner (67%)TS TECH HOLDING ApS
Owner (10%)HLJ HOLDING ESBJERG ApS
Owner (100%)TS Tech Eltronic Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderThomas Bech SandholdtCurrent

The CEOs' other companies

Thomas Vallentin West – 4 other companies

Thomas Bech Sandholdt – 21 other companies, of which 1 bankrupt

Address history (1 moves)

H E Bluhmes Vej 45, 6700 Esbjerg
Adgangsvejen 30, 6700 Esbjerg

Former names

TS TECH A/S – now
TS TECH ApS –

Employees per year

Number of employees at TS TECH A/S per year19382011: 1620112012: 1720122013: 2820132014: 3720142015: 3220152016: 3020162017: 3820172018: 352018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about TS TECH A/S

Has TS TECH A/S gone bankrupt?

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

What is the bankruptcy risk of TS TECH A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of TS TECH A/S?

Thomas Vallentin West is the CEO of TS TECH A/S.

Who is the auditor of TS TECH A/S?

TS TECH A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TS TECH A/S founded?

TS TECH A/S was founded on 8 December 2010.

What is the equity of TS TECH A/S?

Equity was DKK 13.4m 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.