ITG-Racingteam ApS

CVR 37106429 · Private limited company (ApS) · Active · Low risk

ITG-Racingteam ApS is a Private limited company (ApS), founded on , based in Solrød Strand. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -3.0m and a net result of DKK -377k. CEO: Tommy Olsen.

Bankruptcy risk for ITG-Racingteam ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
37106429
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Jersie Strandvej 58
2680 Solrød Strand
Municipality
Solrød
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 50k
Auditor
PROFIL REVISION
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-155.3%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -215kDKK -126k
Net profitDKK -377kDKK -296k
EquityDKK -3.0mDKK -2.6m
Total assetsDKK 1.9mDKK 2.3m
CashDKK 416k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PROFIL REVISION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025164
1 Jul 2023 – 30 Jun 2024169
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022179
1 Jul 2020 – 30 Jun 2021167
1 Jul 2019 – 30 Jun 2020177
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018171
1 Jul 2016 – 30 Jun 2017159
24 Sep 2015 – 30 Jun 2016162

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
CEOTommy OlsenCurrent
Owner (100%)TOMMY OLSEN HOLDING ApSCurrent
FounderTOMMY OLSEN HOLDING ApSCurrent

The CEOs' other companies

Tommy Olsen – 5 other companies

Address history (0 moves)

Jersie Strandvej 58, 2680 Solrød Strand

Other companies at the same address

Similar companies in Solrød

Questions and answers about ITG-Racingteam ApS

Has ITG-Racingteam ApS gone bankrupt?

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

What is the bankruptcy risk of ITG-Racingteam ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of ITG-Racingteam ApS?

Tommy Olsen is the CEO of ITG-Racingteam ApS.

Who is the auditor of ITG-Racingteam ApS?

ITG-Racingteam ApS most recently used PROFIL REVISION.

When was ITG-Racingteam ApS founded?

ITG-Racingteam ApS was founded on 24 September 2015.

What is the equity of ITG-Racingteam ApS?

Equity was DKK -3.0m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.