TH Østergaard ApS

CVR 37851116 · Private limited company (ApS) · Active · High risk

TH Østergaard ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 10 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -963k and a net result of DKK -1.3m.

Bankruptcy risk for TH Østergaard ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
37851116
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Frankrigsvej 3
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 51k
Employees
3 (2018)
Auditor
Kamper + Andersen, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-49.4%
Current ratio61%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 492kDKK 1.2m
Net profitDKK -1.3mDKK 77k
EquityDKK -963kDKK 355k
Total assetsDKK 2.0mDKK 3.6m
CashDKK 968–
Short-term debtDKK 2.9m–
Tax owedDKK 0–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kamper + Andersen, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024226 Late
1 Jan 2023 – 31 Dec 2023219 Late
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021217 Late
1 Jan 2020 – 31 Dec 2020216 Late
1 Jan 2019 – 31 Dec 2019279 Late
1 Jan 2018 – 31 Dec 2018195 Late
1 Jan 2017 – 31 Dec 2017190 Late
1 Jul 2016 – 31 Dec 2016171

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%)Thomas TewesCurrent
FounderThomas TewesCurrent

Address history (2 moves)

Frankrigsvej 3, 4800 Nykøbing F
Frankrigsvej 3, 4800 Nykøbing F
Humlevænget 12, 4800 Nykøbing F

Former names

TH Østergaard ApS – now
TT-Invest ApS –

Employees per year

Number of employees at TH Østergaard ApS per year242017: 420172018: 32018

Other companies at the same address

Similar companies in Guldborgsund

Questions and answers about TH Østergaard ApS

Has TH Østergaard ApS gone bankrupt?

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

What is the bankruptcy risk of TH Østergaard ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of TH Østergaard ApS?

TH Østergaard ApS most recently used Kamper + Andersen, statsautoriseret revisionsaktieselskab.

When was TH Østergaard ApS founded?

TH Østergaard ApS was founded on 1 July 2016.

What is the equity of TH Østergaard ApS?

Equity was DKK -963k 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.