Timber Byg ApS

CVR 37528757 · Private limited company (ApS) · Active · Low risk

Timber Byg ApS is a Private limited company (ApS), founded on , based in Frederikshavn. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% 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 446k and a net result of DKK 142k. CEO: Nicolai Bækkelund Hansen, Jeppe Bækkelund Hansen.

Bankruptcy risk for Timber Byg ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
37528757
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Understedvej 60
9900 Frederikshavn
Municipality
Frederikshavn
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio45.8%
Current ratio180%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 966k
Net profitDKK 142kDKK -60k
EquityDKK 446kDKK 375k
Total assetsDKK 974kDKK 787k
CashDKK 257k–
Short-term debtDKK 506k–
Tax owedDKK 810–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202558
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 202336
1 Jan 2022 – 31 Dec 202259
1 Jan 2021 – 31 Dec 202162
1 Jan 2020 – 31 Dec 202083
1 Jan 2019 – 31 Dec 201955
1 Jan 2018 – 31 Dec 2018105
1 Jan 2017 – 31 Dec 2017100
10 Mar 2016 – 31 Dec 201674

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
CEONicolai Bækkelund HansenCurrent
CEOJeppe Bækkelund HansenCurrent
Owner (50%)Nicolai Bækkelund HansenCurrent
Owner (50%)Jeppe Bækkelund HansenCurrent
FounderNicolai Bækkelund HansenCurrent

Address history (1 moves)

Understedvej 60, 9900 Frederikshavn
Understedvej 60, 9900 Frederikshavn

Employees per year

Number of employees at Timber Byg ApS per year122016: 220162017: 220172018: 22018

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Questions and answers about Timber Byg ApS

Has Timber Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Timber Byg ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Timber Byg ApS?

Nicolai Bækkelund Hansen, Jeppe Bækkelund Hansen are the CEOs of Timber Byg ApS.

Who is the auditor of Timber Byg ApS?

Timber Byg ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Timber Byg ApS founded?

Timber Byg ApS was founded on 10 March 2016.

What is the equity of Timber Byg ApS?

Equity was DKK 446k 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.