TH INTERNATIONAL ApS

CVR 34617481 · Private limited company (ApS) · Active · Low risk

TH INTERNATIONAL ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 423k and a net result of DKK 105k. CEO: Torben Hilligsøe.

Bankruptcy risk for TH INTERNATIONAL ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
34617481
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Torben Hilligsøe, Frejlev Skolevej 44
9200 Aalborg SV
Municipality
Aalborg
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
2 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio42.3%
Current ratio173%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 507kDKK 456kDKK 463k
Net profitDKK 105kDKK 58kDKK 91k
EquityDKK 423kDKK 375kDKK 408k
Total assetsDKK 998kDKK 1.1mDKK 796k
CashDKK 413kDKK 541k–
Short-term debtDKK 576kDKK 767k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 2021126
1 Jan 2020 – 31 Dec 202071
1 Jan 2019 – 31 Dec 201959
1 Jan 2018 – 31 Dec 201860
1 Jan 2017 – 31 Dec 201743
1 Jan 2016 – 31 Dec 201651
1 Jan 2015 – 31 Dec 201550
1 Jan 2014 – 31 Dec 201456
16 Jul 2012 – 31 Dec 201373

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
CEOTorben HilligsøeCurrent
Owner (100%)TORBEN HILLIGSØE HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTORBEN HILLIGSØE HOLDING ApSCurrent

The CEOs' other companies

Torben Hilligsøe – 5 other companies

Address history (0 moves)

c/o Torben Hilligsøe, Frejlev Skolevej 44, 9200 Aalborg SV

Former names

TH INTERNATIONAL ApS – now
THCONSULTING & TRADING ApS –

Employees per year

Number of employees at TH INTERNATIONAL ApS per year352012: 320122013: 320132014: 220142015: 320152016: 520162017: 420172018: 22018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about TH INTERNATIONAL ApS

Has TH INTERNATIONAL ApS gone bankrupt?

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

What is the bankruptcy risk of TH INTERNATIONAL ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TH INTERNATIONAL ApS?

Torben Hilligsøe is the CEO of TH INTERNATIONAL ApS.

Who is the auditor of TH INTERNATIONAL ApS?

TH INTERNATIONAL ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was TH INTERNATIONAL ApS founded?

TH INTERNATIONAL ApS was founded on 16 July 2012.

What is the equity of TH INTERNATIONAL ApS?

Equity was DKK 423k 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.