VARMESERVICE DANMARK ApS

CVR 35873589 · Private limited company (ApS) · Active · Medium risk

VARMESERVICE DANMARK ApS is a Private limited company (ApS), founded on , based in Hadsund. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -141k and a net result of DKK 36k. CEO: Brian Timm.

Bankruptcy risk for VARMESERVICE DANMARK ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
35873589
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Møgelholtvej 52
9560 Hadsund
Municipality
Mariagerfjord
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 75k
Employees
3 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-29.3%
Current ratio74%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 770kDKK 653k
Net profitDKK 36kDKK -134k
EquityDKK -141kDKK -177k
Total assetsDKK 482kDKK 522k
CashDKK 85k–
Short-term debtDKK 624k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202572
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 2021129
1 Jan 2020 – 31 Dec 2020155
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 201764
1 Jan 2016 – 31 Dec 2016151
20 Dec 2014 – 31 Dec 2015148

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
CEOBrian TimmCurrent
Owner (50%)Brian TimmCurrent
Owner (50%)Knud Erik KraghCurrent
Owner (33%)Brian Timm
Owner (33%)Knud Erik Kragh
Owner (33%)NOFAKE HOLDING ApS
Owner (67%)Brian Timm
Owner (100%)Brian Timm
FounderBrian TimmCurrent
FounderKnud Erik KraghCurrent
FounderNOFAKE HOLDING ApSCurrent

Address history (2 moves)

Møgelholtvej 52, 9560 Hadsund
Møgelholtvej 52, 9560 Hadsund
Ryesgade 34, st., 9000 Aalborg

Former names

VARMESERVICE DANMARK ApS – now
VARMESERVICE DANMARK IVS –

Employees per year

Number of employees at VARMESERVICE DANMARK ApS per year352015: 120152016: 320162017: 520172018: 32018

Similar companies in Mariagerfjord

Questions and answers about VARMESERVICE DANMARK ApS

Has VARMESERVICE DANMARK ApS gone bankrupt?

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

What is the bankruptcy risk of VARMESERVICE DANMARK ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of VARMESERVICE DANMARK ApS?

Brian Timm is the CEO of VARMESERVICE DANMARK ApS.

Who is the auditor of VARMESERVICE DANMARK ApS?

VARMESERVICE DANMARK ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was VARMESERVICE DANMARK ApS founded?

VARMESERVICE DANMARK ApS was founded on 20 December 2014.

What is the equity of VARMESERVICE DANMARK ApS?

Equity was DKK -141k 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.