DANISH TEAK CLASSICS ApS

CVR 35834206 · Private limited company (ApS) · Active · Medium risk

DANISH TEAK CLASSICS ApS is a Private limited company (ApS), founded on , based in Vordingborg. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -340k and a net result of DKK -104k. CEO: Knud Erik Bisgaard.

Bankruptcy risk for DANISH TEAK CLASSICS ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
35834206
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Næstvedvej 193
4760 Vordingborg
Municipality
Vordingborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-78.8%
Current ratio52%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0––
Gross profitDKK -104kDKK 36kDKK -7,594
Net profitDKK -104kDKK 36kDKK -7,594
EquityDKK -340kDKK -236kDKK -272k
Total assetsDKK 431kDKK 415kDKK 656k
CashDKK 0DKK 0–
Short-term debtDKK 771kDKK 651k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022169
1 Jan 2021 – 31 Dec 2021116
1 Jan 2020 – 31 Dec 202074
1 Jan 2019 – 31 Dec 2019116
1 Jan 2018 – 31 Dec 201842
1 Jan 2017 – 31 Dec 2017124
1 Jan 2016 – 31 Dec 2016119
1 Jan 2015 – 31 Dec 2015117
9 Apr 2014 – 31 Dec 2014163

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
CEOKnud Erik BisgaardCurrent
Owner (100%)Danish Teak Classics IncorporatedCurrent
FounderKnud Erik BisgaardCurrent

The CEOs' other companies

Knud Erik Bisgaard – 8 other companies, of which 4 bankrupt

Address history (2 moves)

Næstvedvej 193, 4760 Vordingborg
c/o Knud Erik Bisgaard, Fyrrevænget 12, 4760 Vordingborg
Østerbrogade 21, 3., 2100 København Ø

Former names

DANISH TEAK CLASSICS ApS – now
DANISH TEAK CLASSICS IVS –

Other companies at the same address

Similar companies in Vordingborg

Questions and answers about DANISH TEAK CLASSICS ApS

Has DANISH TEAK CLASSICS ApS gone bankrupt?

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

What is the bankruptcy risk of DANISH TEAK CLASSICS ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of DANISH TEAK CLASSICS ApS?

Knud Erik Bisgaard is the CEO of DANISH TEAK CLASSICS ApS.

When was DANISH TEAK CLASSICS ApS founded?

DANISH TEAK CLASSICS ApS was founded on 9 April 2014.

What is the equity of DANISH TEAK CLASSICS ApS?

Equity was DKK -340k 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.