Termodan A/S

CVR 34888418 · Public limited company (A/S) · Active · Low risk

Termodan A/S is a Public limited company (A/S), founded on , based in Farsø. The company is registered in the industry fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning. 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, 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 1.8m and a net result of DKK 744k. CEO: Torben Nedergaard Simonsen.

Bankruptcy risk for Termodan A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

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×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
34888418
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
c/o Torben Simonsen, Ågårdsvej 15
9640 Farsø
Municipality
Vesthimmerlands
Industry
Fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning (282100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 500k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio40.8%
Current ratio160%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 947kDKK 1.0mDKK 613k
Net profitDKK 744kDKK 705kDKK 481k
EquityDKK 1.8mDKK 1.8mDKK 1.5m
Total assetsDKK 4.4mDKK 4.2mDKK 4.1m
CashDKK 2.1mDKK 2.4m–
Short-term debtDKK 2.6mDKK 2.5m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024136
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013152
18 Dec 2012 – 31 Dec 2012161

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 Nedergaard SimonsenCurrent
CEOTorben Nedergaard Simonsen
BoardTorben Nedergaard SimonsenCurrent
BoardPeter SimonsenCurrent
BoardCharlotte Wulff SimonsenCurrent
Owner (100%)CT SIMONSEN HOLDING ApSCurrent
Owner (100%)Torben Nedergaard Simonsen
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderTorben Nedergaard SimonsenCurrent

The CEOs' other companies

Torben Nedergaard Simonsen – 9 other companies

Address history (0 moves)

c/o Torben Simonsen, Ågårdsvej 15, 9640 Farsø

Former names

Termodan A/S – now
Termo Team A/S –
TCS HOLDING ApS –
T. SIMONSEN ApS –

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about Termodan A/S

Has Termodan A/S gone bankrupt?

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

What is the bankruptcy risk of Termodan A/S?

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 Termodan A/S?

Torben Nedergaard Simonsen is the CEO of Termodan A/S.

Who is the auditor of Termodan A/S?

Termodan A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Termodan A/S founded?

Termodan A/S was founded on 18 December 2012.

What is the equity of Termodan A/S?

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.