TECH2ART ApS

CVR 35893229 · Private limited company (ApS) · Active · Medium risk

TECH2ART ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry reparation og vedligeholdelse af elektronisk og optisk udstyr. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 11 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 -151k and a net result of DKK -10k.

Bankruptcy risk for TECH2ART 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
35893229
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Michael Similie, Flyvervej 11
5700 Svendborg
Municipality
Svendborg
Industry
Reparation og vedligeholdelse af elektronisk og optisk udstyr (331300)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 50k
Employees
0 (2015)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-261.2%
Current ratio0%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue––DKK 0
Gross profitDKK -10kDKK -4,750DKK -4,750
Net profitDKK -10kDKK -4,750DKK -4,750
EquityDKK -151kDKK -141kDKK -140k
Total assetsDKK 58kDKK 58kDKK 52k
CashDKK 0DKK 0–
Short-term debtDKK 5,435DKK 5,435–
Tax owedDKK 0DKK 0–

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 2025154
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016172
22 Aug 2014 – 31 Dec 2015158

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
CEOMichael Similie
Owner (100%)Michael SimilieCurrent
Owner (50%)Michael Similie
Owner (50%)Anette Edson Similie
FounderMichael SimilieCurrent
FounderAnette Edson SimilieCurrent

The CEOs' other companies

Michael Similie – 3 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Michael Similie, Flyvervej 11, 5700 Svendborg
c/o Michael Similie, Flyvervej 11, 5700 Svendborg
Bøgeskovvej 5, 3490 Kvistgård

Employees per year

Number of employees at TECH2ART ApS per year112014: 120142015: 02015

Other companies at the same address

Questions and answers about TECH2ART ApS

Has TECH2ART ApS gone bankrupt?

No, TECH2ART ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TECH2ART 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.

When was TECH2ART ApS founded?

TECH2ART ApS was founded on 22 August 2014.

What is the equity of TECH2ART ApS?

Equity was DKK -151k 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.