Two Brothers ApS

CVR 37935387 · Private limited company (ApS) · Active · Low risk

Two Brothers ApS is a Private limited company (ApS), founded on , based in København SV. 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. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 26.8m and a net result of DKK -181k. CEO: Martin Hempel Sparsø, Philip Hempel Sparsø.

Bankruptcy risk for Two Brothers ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37935387
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Nordre Teglkaj 14, 6. th
2450 København SV
Municipality
København
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
KPMG
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -116kDKK -129k
Net profitDKK -181kDKK 16k
EquityDKK 26.8mDKK 27.0m
Total assetsDKK 26.8mDKK 27.0m
CashDKK 12.3m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022182
1 Oct 2020 – 30 Sep 2021160
1 Oct 2019 – 30 Sep 2020155
1 Oct 2018 – 30 Sep 2019150
1 Oct 2017 – 30 Sep 2018127
12 Aug 2016 – 30 Sep 2017103

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
CEOMartin Hempel SparsøCurrent
CEOPhilip Hempel SparsøCurrent
Owner (50%)Martin H. S. Holding ApSCurrent
Owner (50%)Philip S. Holding ApSCurrent
Owner (50%)Martin Hempel Sparsø
Owner (50%)Philip Hempel Sparsø
Owner (100%)TB-01 ApS
FounderMartin Hempel SparsøCurrent
FounderPhilip Hempel SparsøCurrent

The CEOs' other companies

Martin Hempel Sparsø – 10 other companies

Philip Hempel Sparsø – 9 other companies

Address history (4 moves)

Nordre Teglkaj 14, 6. th, 2450 København SV
Nordre Teglkaj 14, 6. th, 2450 København SV
Sandvigvej 35, 4735 Mern
Strandvejen 12, 2., 4720 Præstø
Sandvigvej 35, 4735 Mern

Other companies at the same address

Similar companies in København

Questions and answers about Two Brothers ApS

Has Two Brothers ApS gone bankrupt?

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

What is the bankruptcy risk of Two Brothers 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 Two Brothers ApS?

Martin Hempel Sparsø, Philip Hempel Sparsø are the CEOs of Two Brothers ApS.

Who is the auditor of Two Brothers ApS?

Two Brothers ApS most recently used KPMG.

When was Two Brothers ApS founded?

Two Brothers ApS was founded on 12 August 2016.

What is the equity of Two Brothers ApS?

Equity was DKK 26.8m 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.