TM Norway DK A/S

CVR 37236020 · Public limited company (A/S) · Active · Medium risk

TM Norway DK A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry agenturhandel med ikke-specialiseret varesortiment. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 10 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 -2.1m and a net result of DKK 1.2m. CEO: Rune Svendsen.

Bankruptcy risk for TM Norway DK A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37236020
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Ellegårdvej 16F
6400 Sønderborg
Municipality
Sønderborg
Industry
Agenturhandel med ikke-specialiseret varesortiment (461900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-104.7%
Current ratio49%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 6.7mDKK 4.9m
Net profitDKK 1.2mDKK -232k
EquityDKK -2.1mDKK -3.4m
Total assetsDKK 2.0mDKK 1.9m
CashDKK 192k–
Short-term debtDKK 4.2m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021118
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017107
4 Nov 2015 – 31 Dec 2016137

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
CEORune SvendsenCurrent
CEOThyge Nyborg Rahbæk
CEOBjarne Jespersen
BoardJan Frederik MeyerCurrent
BoardRune SvendsenCurrent
BoardEIVIND SIVERTSEN UTHEIMCurrent
BoardThyge Nyborg Rahbæk
BoardJan Frederik Meyer
BoardRune Svendsen
Owner (15%)Thyge Nyborg RahbækCurrent
Owner (15%)Dueholm Consulting Holding ApSCurrent
Owner (10%)Jan Frederik MeyerCurrent
Owner (100%)TM Norway ASCurrent
Owner (67%)Rune SvendsenCurrent
FounderTM Norway ASCurrent

The CEOs' other companies

Thyge Nyborg Rahbæk – 1 other companies

Bjarne Jespersen – 4 other companies

Address history (1 moves)

Ellegårdvej 16F, 6400 Sønderborg
Lollandsgade 2, 6400 Sønderborg

Employees per year

Number of employees at TM Norway DK A/S per year242015: 020152016: 220162017: 420172018: 42018

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about TM Norway DK A/S

Has TM Norway DK A/S gone bankrupt?

No, TM Norway DK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TM Norway DK A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TM Norway DK A/S?

Rune Svendsen is the CEO of TM Norway DK A/S.

When was TM Norway DK A/S founded?

TM Norway DK A/S was founded on 4 November 2015.

What is the equity of TM Norway DK A/S?

Equity was DKK -2.1m 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.