TSand ApS

CVR 37440566 · Private limited company (ApS) · Active · Low risk

TSand ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry finansielle holdingselskaber. 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, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 60.1m and a net result of DKK 28.0m.

Bankruptcy risk for TSand 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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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
37440566
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Thue Sand, Jacobsens Alle 8A
2900 Hellerup
Municipality
Gentofte
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio90.4%
Current ratio1,513%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 878kDKK 419k
Net profitDKK 28.0mDKK 20.4m
EquityDKK 60.1mDKK 50.7m
Total assetsDKK 66.5mDKK 56.7m
CashDKK 9.4m–
Short-term debtDKK 2.7m–
Tax owedDKK 1.9m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019184 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017159
11 Feb 2016 – 31 Dec 2016159

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
Owner (100%)Thue SandCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderThue SandCurrent

Address history (2 moves)

c/o Thue Sand, Jacobsens Alle 8A, 2900 Hellerup
c/o Thue Sand, C V E Knuths Vej 4A, 2900 Hellerup
c/o Thue Sand, Langelinie Allé 5, 3. 3-2, 2100 København Ø

Former names

TSand ApS – now
TSand IVS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about TSand ApS

Has TSand ApS gone bankrupt?

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

What is the bankruptcy risk of TSand 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 auditor of TSand ApS?

TSand ApS most recently used EY Godkendt Revisionspartnerselskab.

When was TSand ApS founded?

TSand ApS was founded on 11 February 2016.

What is the equity of TSand ApS?

Equity was DKK 60.1m 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.