TSMA ApS

CVR 37321265 · Private limited company (ApS) · Active · Low risk

TSMA ApS is a Private limited company (ApS), founded on , based in Vissenbjerg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 19.9m and a net result of DKK 2.8m. CEO: Torben Spaabæk.

Bankruptcy risk for TSMA ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
37321265
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Havremarken 13
5492 Vissenbjerg
Municipality
Assens
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio97.1%
Current ratio1,692%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.3mDKK 4.3m
Net profitDKK 2.8mDKK 3.0m
EquityDKK 19.9mDKK 17.1m
Total assetsDKK 20.5mDKK 17.5m
CashDKK 1.4m–
Short-term debtDKK 585k–
Tax owedDKK 93k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202555
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022110
1 Jan 2021 – 31 Dec 202186
1 Jan 2020 – 31 Dec 202087
1 Jan 2019 – 31 Dec 201963
1 Jan 2018 – 31 Dec 201856
1 Jan 2017 – 31 Dec 2017161
10 Dec 2015 – 31 Dec 2016116

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
CEOTorben SpaabækCurrent
Owner (100%)Torben SpaabækCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTorben SpaabækCurrent

The CEOs' other companies

Torben Spaabæk – 5 other companies

Address history (0 moves)

Havremarken 13, 5492 Vissenbjerg

Employees per year

Number of employees at TSMA ApS per year122016: 120162017: 120172018: 22018

Other companies at the same address

Similar companies in Assens

Questions and answers about TSMA ApS

Has TSMA ApS gone bankrupt?

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

What is the bankruptcy risk of TSMA ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TSMA ApS?

Torben Spaabæk is the CEO of TSMA ApS.

Who is the auditor of TSMA ApS?

TSMA ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TSMA ApS founded?

TSMA ApS was founded on 10 December 2015.

What is the equity of TSMA ApS?

Equity was DKK 19.9m 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.