Toolshed ApS

CVR 36018941 · Private limited company (ApS) · Active · Low risk

Toolshed ApS is a Private limited company (ApS), founded on , based in Nørre Nebel. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -36k and a net result of DKK -21k. CEO: Peter Reinholt Thomsen Mitens Engsted, Christian Grønnegaard West.

Bankruptcy risk for Toolshed ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%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 reports0.01%–25% · bankruptcy rate 4.5%0.51×
Capital changes2 · bankruptcy rate 5.2%0.59×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
36018941
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Frøstrupskovvej 31
6830 Nørre Nebel
Municipality
Varde
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-72.1%
Current ratio62%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 33k–
Gross profitDKK -21kDKK -19k
Net profitDKK -21kDKK -19k
EquityDKK -36kDKK -15k
Total assetsDKK 50kDKK 65k
CashDKK 43k–
Short-term debtDKK 81k–

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 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018180
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015164
19 Jun 2014 – 31 Dec 2014182

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
CEOPeter Reinholt Thomsen Mitens EngstedCurrent
CEOChristian Grønnegaard WestCurrent
Owner (50%)C. WEST HOLDING IVSCurrent
Owner (50%)PRT-E HOLDING IVS
FounderPRT-E HOLDING IVSCurrent
FounderC. WEST HOLDING IVSCurrent

The CEOs' other companies

Christian Grønnegaard West – 1 other companies

Address history (1 moves)

Frøstrupskovvej 31, 6830 Nørre Nebel
Blomstervangen 12, 6800 Varde

Former names

Toolshed ApS – now
Toolshed IVS –
SPINOUT IVS –

Other companies at the same address

Similar companies in Varde

Questions and answers about Toolshed ApS

Has Toolshed ApS gone bankrupt?

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

What is the bankruptcy risk of Toolshed ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Toolshed ApS?

Peter Reinholt Thomsen Mitens Engsted, Christian Grønnegaard West are the CEOs of Toolshed ApS.

When was Toolshed ApS founded?

Toolshed ApS was founded on 19 June 2014.

What is the equity of Toolshed ApS?

Equity was DKK -36k 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.