TFD, Total Finans Danmark A/S

CVR 37229695 · Public limited company (A/S) · Active · Low risk

TFD, Total Finans Danmark A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK 752k. CEO: Carl Erik Skovgaard.

Bankruptcy risk for TFD, Total Finans Danmark A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37229695
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
c/o Equity Credit Management A/S, Bryggergade 6A, 1.
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio98.7%
Current ratio7,436%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 958kDKK 1.3mDKK 1.5m
Net profitDKK 752kDKK 1.0mDKK 1.2m
EquityDKK 1.4mDKK 1.7mDKK 1.9m
Total assetsDKK 1.4mDKK 1.7mDKK 2.0m
CashDKK 1.4mDKK 1.7m–
Short-term debtDKK 19kDKK 26k–
Tax owedDKK 0DKK 6,858–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202533
1 Jan 2024 – 31 Dec 202429
1 Jan 2023 – 31 Dec 202366
1 Jan 2022 – 31 Dec 202254
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 2020122
1 Jan 2019 – 31 Dec 201997
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017150
16 Nov 2015 – 31 Dec 2016156

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
CEOCarl Erik SkovgaardCurrent
CEOMichael Gregersen
CEOThomas Jensen
BoardMichael GregersenCurrent
BoardThomas JensenCurrent
BoardCarl Erik SkovgaardCurrent
BoardThomas Jensen
BoardCarl Erik Skovgaard
BoardDorte Mølgaard Olesen
Owner (5%)Rune Andersen HamborgCurrent
Owner (5%)Tanja Lykke Dalhoff StougaardCurrent
Owner (25%)SkovSø Capital ApSCurrent
Owner (25%)Investeringsanpartsselskabet af 25/6 2018Current
Owner (5%)SALICATH HOLDING ApSCurrent
Owner (20%)LOTS JENSEN HOLDING ApSCurrent
Owner (10%)TFD, Total Finans Danmark A/SCurrent
Owner (10%)Dorte Mølgaard Olesen
Owner (5%)Inversteringsanpartsseskabet Kaj Andreasen Aps
Owner (10%)LOTS JENSEN HOLDING ApS
Owner (5%)ARKN ApS
Owner (20%)TFD, Total Finans Danmark A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSkovSø Capital ApSCurrent
FounderInvesteringsanpartsselskabet af 25/6 2018Current

The CEOs' other companies

Carl Erik Skovgaard – 60 other companies, of which 60 bankrupt

Michael Gregersen – 14 other companies, of which 1 bankrupt

Thomas Jensen – 5 other companies

Address history (2 moves)

c/o Equity Credit Management A/S, Bryggergade 6A, 1., 7400 Herning
c/o Thomas Jensen, Godsbanevej 1B, 4., 7400 Herning
Sønderlandsgade 44, 7500 Holstebro

Other companies at the same address

Similar companies in Herning

Questions and answers about TFD, Total Finans Danmark A/S

Has TFD, Total Finans Danmark A/S gone bankrupt?

No, TFD, Total Finans Danmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TFD, Total Finans Danmark A/S?

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

Who is the CEO of TFD, Total Finans Danmark A/S?

Carl Erik Skovgaard is the CEO of TFD, Total Finans Danmark A/S.

Who is the auditor of TFD, Total Finans Danmark A/S?

TFD, Total Finans Danmark A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was TFD, Total Finans Danmark A/S founded?

TFD, Total Finans Danmark A/S was founded on 16 November 2015.

What is the equity of TFD, Total Finans Danmark A/S?

Equity was DKK 1.4m 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.