TEAM ONLINE GLOBAL A/S

CVR 33376820 · Public limited company (A/S) · Active · Low risk

TEAM ONLINE GLOBAL A/S is a Public limited company (A/S), founded on , based in Odense C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.6% 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 (30 Jun 2025) shows equity of DKK 864k and a net result of DKK -62k. CEO: Michael Sandal.

Bankruptcy risk for TEAM ONLINE GLOBAL A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
33376820
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
c/o Sandal Holding, Edisonsvej 1
5000 Odense C
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Employees
3 (2016)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio47.5%
Current ratio91%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -38kDKK -38k
Net profitDKK -62kDKK -166k
EquityDKK 864kDKK 926k
Total assetsDKK 1.8mDKK 1.8m
CashDKK 14k–
Short-term debtDKK 954k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025176
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022151
1 Jul 2020 – 30 Jun 2021155
1 Jul 2019 – 30 Jun 2020169
1 Jul 2018 – 30 Jun 2019152
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017158
1 Jul 2015 – 30 Jun 2016157
1 Jul 2014 – 30 Jun 2015150
1 Jul 2013 – 30 Jun 2014172
1 Jul 2012 – 30 Jun 2013152
1 Jul 2011 – 30 Jun 2012159
17 Dec 2010 – 30 Jun 2011132

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
CEOMichael SandalCurrent
BoardHanne Marie SandalCurrent
BoardMichael SandalCurrent
BoardBjørn PetersenCurrent
BoardBendt Bendtsen
Owner (100%)SANDAL HOLDING ApSCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSANDAL HOLDING ApSCurrent

The CEOs' other companies

Michael Sandal – 32 other companies, of which 7 bankrupt

Address history (2 moves)

c/o Sandal Holding, Edisonsvej 1, 5000 Odense C
Edisonsvej 3, 5000 Odense C
Edisonsvej 2, 5000 Odense C

Employees per year

Number of employees at TEAM ONLINE GLOBAL A/S per year352011: 220112012: 520122013: 520132014: 520142015: 520152016: 32016

Other companies at the same address

Similar companies in Odense

Questions and answers about TEAM ONLINE GLOBAL A/S

Has TEAM ONLINE GLOBAL A/S gone bankrupt?

No, TEAM ONLINE GLOBAL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TEAM ONLINE GLOBAL A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of TEAM ONLINE GLOBAL A/S?

Michael Sandal is the CEO of TEAM ONLINE GLOBAL A/S.

Who is the auditor of TEAM ONLINE GLOBAL A/S?

TEAM ONLINE GLOBAL A/S most recently used AIDER Godkendt Revisionsaktieselskab.

When was TEAM ONLINE GLOBAL A/S founded?

TEAM ONLINE GLOBAL A/S was founded on 17 December 2010.

What is the equity of TEAM ONLINE GLOBAL A/S?

Equity was DKK 864k according to the annual report for the period ending 30 June 2025.

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