TIMBERVÆRK ApS

CVR 35385819 · Private limited company (ApS) · Active · Low risk

TIMBERVÆRK ApS is a Private limited company (ApS), founded on , based in Askeby. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 12 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 51k and a net result of DKK -23k. CEO: Christian Melchior Jørgensen.

Bankruptcy risk for TIMBERVÆRK ApS

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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
35385819
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Fanefjordgade 61
4792 Askeby
Municipality
Vordingborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 80k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityNo
Equity ratio33.2%
Current ratio122%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -24kDKK 19k
Net profitDKK -23kDKK 13k
EquityDKK 51kDKK 74k
Total assetsDKK 154kDKK 78k
CashDKK 59k–
Short-term debtDKK 103k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025165
1 Jul 2023 – 30 Jun 2024170
1 Jul 2022 – 30 Jun 2023181
1 Jul 2021 – 30 Jun 2022189 Late
1 Jul 2020 – 30 Jun 2021146
1 Jul 2019 – 30 Jun 2020147
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017160
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014114
20 Jun 2013 – 31 Dec 2013125

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
CEOChristian Melchior JørgensenCurrent
CEOCaroline Stricker Jørgensen
Owner (100%)Christian Melchior JørgensenCurrent
Owner (100%)KC REGNSKAB OG SKATTERÅDGIVNING ApS
FounderKC REGNSKAB OG SKATTERÅDGIVNING ApSCurrent

The CEOs' other companies

Caroline Stricker Jørgensen – 1 other companies

Address history (1 moves)

Fanefjordgade 61, 4792 Askeby
Vordingborgvej 5, 4773 Stensved

Former names

TIMBERVÆRK ApS – now
YOUIDMEDIA ApS –

Employees per year

Number of employees at TIMBERVÆRK ApS per year122013: 220132014: 020142015: 220152016: 120162017: 220172018: 02018

Similar companies in Vordingborg

Questions and answers about TIMBERVÆRK ApS

Has TIMBERVÆRK ApS gone bankrupt?

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

What is the bankruptcy risk of TIMBERVÆRK 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 TIMBERVÆRK ApS?

Christian Melchior Jørgensen is the CEO of TIMBERVÆRK ApS.

When was TIMBERVÆRK ApS founded?

TIMBERVÆRK ApS was founded on 20 June 2013.

What is the equity of TIMBERVÆRK ApS?

Equity was DKK 51k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.