TS Development ApS

CVR 33589697 · Private limited company (ApS) · Active · Low risk

TS Development ApS is a Private limited company (ApS), founded on , based in Aalborg. 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 Dec 2025) shows equity of DKK 1.8m and a net result of DKK 406k. CEO: Steen Østenby.

Bankruptcy risk for TS Development ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
33589697
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Steen Østenby, Østre Kanalgade 18, 1. th
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
ONreVISION registreret revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -38kDKK -32kDKK -35k
Net profitDKK 406kDKK 85kDKK 26k
EquityDKK 1.8mDKK 1.4mDKK 1.4m
Total assetsDKK 1.8mDKK 1.4mDKK 1.4m
CashDKK 186kDKK 44k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ONreVISION registreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025156
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 2023109
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 202117
1 Jan 2020 – 31 Dec 2020137
1 Jan 2019 – 31 Dec 2019178
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013147
1 Jan 2012 – 31 Dec 201256
31 Mar 2011 – 31 Dec 2011122

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
CEOSteen ØstenbyCurrent
Owner (50%)Tove ØstenbyCurrent
Owner (50%)Steen ØstenbyCurrent
AuditorCASMA ApS
AuditorSTATSAUT. REV. P.B. MATTHIESEN ApS
AuditorRevice, statsautoriseret revisionsaktieselskab
AuditorON-Erklæring ApS
FounderSteen ØstenbyCurrent

The CEOs' other companies

Steen Østenby – 4 other companies, of which 1 bankrupt

Address history (3 moves)

c/o Steen Østenby, Østre Kanalgade 18, 1. th, 9000 Aalborg
Solsortvej 5, 9000 Aalborg
Østre Alle 6, 9530 Støvring
Højdedraget 62, 9530 Støvring

Former names

TS Development ApS – now
SCAN SALE VEST ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about TS Development ApS

Has TS Development ApS gone bankrupt?

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

What is the bankruptcy risk of TS Development 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 CEO of TS Development ApS?

Steen Østenby is the CEO of TS Development ApS.

Who is the auditor of TS Development ApS?

TS Development ApS most recently used ONreVISION registreret revisionsanpartsselskab.

When was TS Development ApS founded?

TS Development ApS was founded on 31 March 2011.

What is the equity of TS Development ApS?

Equity was DKK 1.8m 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.