AGRO SYD ApS

CVR 35241957 · Private limited company (ApS) · Active · Low risk

AGRO SYD ApS is a Private limited company (ApS), founded on , based in Christiansfeld. The company is registered in the industry dyrkning af andre flerårige afgrøder. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 13 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 15k. CEO: Tim Jørgensen, Heide Vestergaard Frandsen.

Bankruptcy risk for AGRO SYD ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
35241957
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Langforte 120
6070 Christiansfeld
Municipality
Kolding
Industry
Dyrkning af andre flerårige afgrøder (012900)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 100k
Employees
9 (2017)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 13
Missing annual reportNo
Negative equityNo
Equity ratio12.1%
Current ratio28%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 17kDKK 448kDKK 60k
Net profitDKK 15kDKK -160kDKK 339k
EquityDKK 1.5mDKK 1.5mDKK 1.6m
Total assetsDKK 12.2mDKK 13.1mDKK 12.5m
CashDKK 158kDKK 143k–
Short-term debtDKK 7.0mDKK 7.5m–
Tax owed–DKK 0–
Avg. employees13–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 201787
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014153
15 May 2013 – 31 Dec 2013148

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
CEOTim JørgensenCurrent
CEOHeide Vestergaard FrandsenCurrent
Owner (50%)TIMCO DANMARK ApSCurrent
Owner (50%)Vestergaard-Frandsen Holding ApSCurrent
Owner (50%)Heide Vestergaard Frandsen
FounderHeide Vestergaard FrandsenCurrent
FounderTIMCO DANMARK ApSCurrent

The CEOs' other companies

Tim Jørgensen – 7 other companies, of which 2 bankrupt

Heide Vestergaard Frandsen – 8 other companies, of which 1 bankrupt

Address history (1 moves)

Langforte 120, 6070 Christiansfeld
Langforte 120, 6070 Christiansfeld

Employees per year

Number of employees at AGRO SYD ApS per year592016: 220162017: 92017

Other companies at the same address

Similar companies in Kolding

Questions and answers about AGRO SYD ApS

Has AGRO SYD ApS gone bankrupt?

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

What is the bankruptcy risk of AGRO SYD ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of AGRO SYD ApS?

Tim Jørgensen, Heide Vestergaard Frandsen are the CEOs of AGRO SYD ApS.

Who is the auditor of AGRO SYD ApS?

AGRO SYD ApS most recently used EY Godkendt Revisionspartnerselskab.

When was AGRO SYD ApS founded?

AGRO SYD ApS was founded on 15 May 2013.

What is the equity of AGRO SYD ApS?

Equity was DKK 1.5m 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.