Tilgaard Glas ApS

CVR 38121766 · Private limited company (ApS) · Active · Low risk

Tilgaard Glas ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry glarmesteraktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 343k and a net result of DKK -97k. CEO: Claus Tilgaard.

Bankruptcy risk for Tilgaard Glas ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
38121766
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Catherine Boothsvej 89
2650 Hvidovre
Municipality
Hvidovre
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
1 (2018)
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio65.0%
Current ratio252%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 470kDKK 724k
Net profitDKK -97kDKK 91k
EquityDKK 343kDKK 440k
Total assetsDKK 528kDKK 705k
CashDKK 198k–
Short-term debtDKK 185k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202572
1 Jan 2024 – 31 Dec 202469
1 Jan 2023 – 31 Dec 202372
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202034
1 Jan 2019 – 31 Dec 201951
1 Jan 2018 – 31 Dec 2018136
19 Oct 2016 – 31 Dec 2017136

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
CEOClaus TilgaardCurrent
Owner (100%)Claus TilgaardCurrent
Owner (100%)Tilgaard Holding ApSCurrent
FounderTilgaard Holding ApSCurrent

The CEOs' other companies

Claus Tilgaard – 1 other companies

Address history (0 moves)

Catherine Boothsvej 89, 2650 Hvidovre

Employees per year

Number of employees at Tilgaard Glas ApS per year112016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Tilgaard Glas ApS

Has Tilgaard Glas ApS gone bankrupt?

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

What is the bankruptcy risk of Tilgaard Glas ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Tilgaard Glas ApS?

Claus Tilgaard is the CEO of Tilgaard Glas ApS.

Who is the auditor of Tilgaard Glas ApS?

Tilgaard Glas ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was Tilgaard Glas ApS founded?

Tilgaard Glas ApS was founded on 19 October 2016.

What is the equity of Tilgaard Glas ApS?

Equity was DKK 343k 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.