Turf Tank ApS
CVR 36722436 · Private limited company (ApS) · Active · Low risk
Turf Tank ApS is a Private limited company (ApS), founded on , based in Svenstrup J. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 11 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19.1m and a net result of DKK -57.7m. CEO: Kristian Hald.
Bankruptcy risk for Turf Tank 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
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×
Reduces the risk
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
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
- 36722436
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (11 years)
- Address
- Skjoldet 20
9230 Svenstrup J - Municipality
- Aalborg
- Industry
- Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 2.7m
- Employees
- 7 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 11 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 4.1% |
| Current ratio | 224% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 9 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 87.2m | DKK 74.8m | DKK 37.1m |
| Net profit | DKK -57.7m | DKK -41.5m | DKK -49.1m |
| Equity | DKK 19.1m | DKK -90.3m | DKK -48.8m |
| Total assets | DKK 465.8m | DKK 426.2m | DKK 356.5m |
| Cash | DKK 34.7m | DKK 40.6m | – |
| Short-term debt | DKK 54.5m | DKK 63.6m | – |
| Tax owed | DKK 0 | DKK 370k | – |
| Avg. employees | 85 | 80 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 153 | ||
| 1 Jan 2024 – 31 Dec 2024 | 185 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 181 | ||
| 1 Jan 2022 – 31 Dec 2022 | 187 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 181 | ||
| 1 Jan 2020 – 31 Dec 2020 | 201 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 240 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 149 | ||
| 1 Jan 2017 – 31 Dec 2017 | 152 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 10 Apr 2015 – 31 Dec 2015 | 124 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kristian Hald | Current | |
| CEO | Andreas Ydesen | ||
| CEO | Anders Ulrik Sørensen | ||
| CEO | Mikkel Klitgaard Jacobsen | ||
| CEO | Olav Bjørn Ivanoff Jørgensen | ||
| CEO | Kris Winther Sørensen | ||
| CEO | Mikkel Klitgaard Jacobsen | ||
| Board | Johnny Laursen | Current | |
| Board | Mikkel Klitgaard Jacobsen | Current | |
| Board | Uffe Jensen | ||
| Board | Lasse Gram Pedersen | ||
| Board | Andreas Ydesen | ||
| Board | Anders Ulrik Sørensen | ||
| Board | Jens Henrik Jørgensen | ||
| Board | Jacob Risgaard Eriksen | ||
| Board | Jens Henrik Jørgensen | ||
| Board | Mikkel Klitgaard Jacobsen | ||
| Board | Johnny Laursen | ||
| Board | Johnny Laursen | ||
| Board | Johnny Laursen | ||
| Board | Mikkel Klitgaard Jacobsen | ||
| Board | Erwin Kronborg Tøt | ||
| Board | Leif Nørgaard | ||
| Owner (50%) | BENJAMIN CAPITAL ApS | Current | |
| Owner (25%) | KLITGAARD CONSULTING ApS | Current | |
| Owner (10%) | MC Invest 2018 ApS | Current | |
| Owner (25%) | LGP INVEST ApS | ||
| Owner (25%) | sologrobot ApS | ||
| Owner (25%) | A. Sørensen Capital ApS | ||
| Owner (25%) | Ydesen Holding ApS | ||
| Owner (5%) | sologrobot ApS | ||
| Owner (15%) | RÆVSKÆR HOLDING ApS | ||
| Owner (15%) | LGP INVEST ApS | ||
| Owner (10%) | JR HOLDINGS ApS | ||
| Owner (10%) | KLITGAARD CONSULTING ApS | ||
| Owner (10%) | BENJAMIN CAPITAL ApS | ||
| Owner (33%) | BENJAMIN CAPITAL ApS | ||
| Owner (33%) | KLITGAARD CONSULTING ApS | ||
| Owner (33%) | JR HOLDINGS ApS | ||
| Owner (25%) | JR HOLDINGS ApS | ||
| Owner (20%) | KLITGAARD CONSULTING ApS | ||
| Owner (10%) | MC Invest 2018 ApS | ||
| Owner (33%) | KLITGAARD CONSULTING ApS | ||
| Owner (15%) | MC Invest 2018 ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | LGP INVEST ApS | Current | |
| Founder | sologrobot ApS | Current | |
| Founder | A. Sørensen Capital ApS | Current | |
| Founder | Ydesen Holding ApS | Current |
The CEOs' other companies
Kristian Hald – 3 other companies
- HelloFresh Nordics ApS Active
- KRAN Kapital ApS Active
- Turf Tank USA ApS Active
Andreas Ydesen – 16 other companies, of which 1 bankrupt
- Blooms Group ApS Bankrupt 29 Mar 2023
- Boligselskabet Nordlig A/S Active
- Boligselskabet Nordlig II ApS Active
- Boligselskabet Nordlig III ApS Active
- Brød og Kaffe ApS Active
- Capu ApS Active
- Capu Holding ApS Active
- Jumbr Network IVS Opløst
- Kjærsgaard Hovedgaard ApS Active
- Kjærsgaard Hovedgaard II ApS Fusioneret
- Ny Vraa A/S Active
- SALIXIN A/S Active
- Turf Tank USA ApS Active
- Varbro ApS Active
- Ydesen Ejendomme ApS Fusioneret
- Ydesen Holding ApS Active
Anders Ulrik Sørensen – 21 other companies, of which 1 bankrupt
- Blooms Group ApS Bankrupt 29 Mar 2023
- A&H ASSETS ApS Active
- A. Sørensen Capital ApS Active
- Absalon Properties // Eriksborg ApS Active
- Commercial Real Estate ApS Active
- Ejendomsselskabet Ejnarparken II ApS Active
- Ejendomsselskabet Ejnarparken III ApS Active
- Ejendomsselskabet Skovvangen 2 ApS Active
- Ejendomsselskabet Skovvangen ApS Active
- Ejendomsselskabet Steinervænget ApS Active
- Estate Norddanmark A/S Active
- Hjørring Ejendomsselskab A/S Active
- Jumbr Network IVS Opløst
- PrivateWine Invest ApS Compulsorily dissolved
- Sølyst Nisset Sønderhede 4 ApS Active
- Sølyst Nisset Sønderhede 6 ApS Active
- Turf Tank USA ApS Active
- UNO BANEgaard ApS Active
- Udviklingsselskabet Søndergade ApS Active
- VAGUS C ApS Active
- VENDSYSSEL FF ApS Active
Mikkel Klitgaard Jacobsen – 31 other companies
- AALBORG ISHOCKEY A/S Active
- ASX 2000 ApS Active
- ApS KOMPLEMENTARSELSKABET STORKØBENHAVNSKE ERHVERVSEJENDOMME Active
- Benjamin Finance ApS Active
- Beritech Manufacturing A/S Fusioneret
- CARSOE ApS Active
- CARSOE HOLDING ApS Opløst
- CH Invest 2018 A/S Active
- DAMGAARD AUTOMATIK A/S Active
- DANSK MASKININDUSTRI A/S Active
- Ejendomsselskabet Udsigten A/S Active
- Food Equipment Holdco A/S Active
- Jabu Ejendomme ApS Active
- KGG ApS Active
- KLITGAARD CONSULTING ApS Active
- Keelson Dynamics A/S Active
- Keelson Invest ApS Active
- Kildeparken 4 ApS Active
- Kildeparken 5 ApS Active
- Klitgaard Finance Holding ApS Opløst
- Komplementarselskabet Østre Havnepark 12, 9000 Aalborg ApS Active
- LEAN TEAM HOLDING ApS Compulsorily dissolved
- Locus Properties A/S Active
- PM DETAIL ApS Compulsorily dissolved
- Parkeringsselskabet ApS Active
- TAVERVEJ EJENDOMME ApS Active
- TE Ejendomme Holding ApS Active
- Tavervej Holding ApS Active
- Turf Tank USA ApS Active
- Udsigtens P-selskab ApS Active
Olav Bjørn Ivanoff Jørgensen – 4 other companies, of which 1 bankrupt
- Smartbutik ApS Bankrupt 8 May 2018
- OBJ Capital ApS Active
- Smartcykler ApS Opløst
- Turf Tank USA ApS Active
Kris Winther Sørensen – 3 other companies
- DK's Regnskabsassistance ApS Active
- Jabu Ejendomme Holding ApS Active
- Turf Tank USA ApS Active
Address history (7 moves)
| Skjoldet 20, 9230 Svenstrup J | |
| Lansen 15, 9230 Svenstrup J | |
| Farøvej 31, 9800 Hjørring | |
| Fanøvej 2, 9800 Hjørring | |
| Frederikshavnsvej 110, 9800 Hjørring | |
| Frederikshavnsvej 116, 9800 Hjørring | |
| Amtmandstoften 1, 9800 Hjørring | |
| Skrænten 9, 9800 Hjørring |
Former names
| Turf Tank ApS | – now |
| Intelligent Marking ApS | – |
Employees per year
Other companies at the same address
- ASETEK A/S Active
- ASETEK DANMARK A/S Active
- Turf Tank USA ApS Active
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Questions and answers about Turf Tank ApS
Has Turf Tank ApS gone bankrupt?
No, Turf Tank ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Turf Tank 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 Turf Tank ApS?
Kristian Hald is the CEO of Turf Tank ApS.
Who is the auditor of Turf Tank ApS?
Turf Tank ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Turf Tank ApS founded?
Turf Tank ApS was founded on 10 April 2015.
What is the equity of Turf Tank ApS?
Equity was DKK 19.1m 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.