TF Biler ApS

CVR 37521892 · Private limited company (ApS) · Active · Medium risk

TF Biler ApS is a Private limited company (ApS), founded on , based in Gjerlev J. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -361k and a net result of DKK 39k. CEO: Torben Frandsen.

Bankruptcy risk for TF Biler ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Number of auditors (historical)1 · 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
37521892
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Hvilhusevej 17
8983 Gjerlev J
Municipality
Randers
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-102.4%
Current ratio49%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 53kDKK -8,888DKK -7,988
Net profitDKK 39kDKK 28kDKK 37k
EquityDKK -361kDKK -400kDKK -428k
Total assetsDKK 352kDKK 102kDKK 275k
CashDKK 98kDKK 47k–
Short-term debtDKK 713kDKK 501k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 201887
1 Jan 2017 – 31 Dec 201781
8 Mar 2016 – 31 Dec 201690

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 FrandsenCurrent
Owner (100%)TORBEN FRANDSEN HOLDING ApSCurrent
Auditor18. juni 2024 P/S
FounderTORBEN FRANDSEN HOLDING ApSCurrent

The CEOs' other companies

Torben Frandsen – 3 other companies

Address history (0 moves)

Hvilhusevej 17, 8983 Gjerlev J

Former names

TF Biler ApS – now
T Frandsen Investment ApS –
TF Investering ApS –

Other companies at the same address

Similar companies in Randers

Questions and answers about TF Biler ApS

Has TF Biler ApS gone bankrupt?

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

What is the bankruptcy risk of TF Biler ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of TF Biler ApS?

Torben Frandsen is the CEO of TF Biler ApS.

When was TF Biler ApS founded?

TF Biler ApS was founded on 8 March 2016.

What is the equity of TF Biler ApS?

Equity was DKK -361k 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.