KENNETH TORNVIG ApS

CVR 34465932 · Private limited company (ApS) · Active · Low risk

KENNETH TORNVIG ApS is a Private limited company (ApS), founded on , based in Rødekro. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 346k and a net result of DKK 3,748. CEO: Kenneth Underbjerg-Tornvig.

Bankruptcy risk for KENNETH TORNVIG 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
34465932
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Møllegade 20
6230 Rødekro
Municipality
Aabenraa
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio5.0%
Current ratio90%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 53kDKK 50kDKK 50k
Net profitDKK 3,748DKK -1,969DKK -3,049
EquityDKK 346kDKK 410kDKK 473k
Total assetsDKK 6.9mDKK 5.5mDKK 5.9m
CashDKK 21kDKK 1,464–
Short-term debtDKK 6.6mDKK 5.1m–
Tax owedDKK 629––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023121
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 202187
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 201773
1 Jan 2016 – 31 Dec 2016109
1 Jan 2015 – 31 Dec 201576
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013151
21 Mar 2012 – 31 Dec 2012136

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
CEOKenneth Underbjerg-TornvigCurrent
Owner (100%)Kenneth Underbjerg-TornvigCurrent
AuditorINTENSION STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorCURA revision I/S
FounderKenneth Underbjerg-TornvigCurrent

The CEOs' other companies

Kenneth Underbjerg-Tornvig – 2 other companies

Address history (0 moves)

Møllegade 20, 6230 Rødekro

Similar companies in Aabenraa

Questions and answers about KENNETH TORNVIG ApS

Has KENNETH TORNVIG ApS gone bankrupt?

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

What is the bankruptcy risk of KENNETH TORNVIG 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 KENNETH TORNVIG ApS?

Kenneth Underbjerg-Tornvig is the CEO of KENNETH TORNVIG ApS.

When was KENNETH TORNVIG ApS founded?

KENNETH TORNVIG ApS was founded on 21 March 2012.

What is the equity of KENNETH TORNVIG ApS?

Equity was DKK 346k 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.