TYST ApS

CVR 38190725 · Private limited company (ApS) · Active · Low risk

TYST ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.1% 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 2.1m and a net result of DKK 952k. CEO: Bjarne Knudgaard Larsen.

Bankruptcy risk for TYST ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)2–5 · 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
38190725
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vestermarken 3F
8660 Skanderborg
Municipality
Skanderborg
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 50k
Employees
4 (2018)
Auditor
Revisions-Partner I/S, registrerede revisorer
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio56.7%
Current ratio222%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.0mDKK 3.4m
Net profitDKK 952kDKK 1.4m
EquityDKK 2.1mDKK 1.1m
Total assetsDKK 3.6mDKK 3.3m
CashDKK 1.5m–
Short-term debtDKK 1.6m–
Tax owedDKK 265k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022117
1 Jan 2021 – 31 Dec 202182
1 Jan 2020 – 31 Dec 2020139
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 2018133
10 Nov 2016 – 31 Dec 2017171

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
CEOBjarne Knudgaard LarsenCurrent
BoardPeter Michael MøllerCurrent
BoardPer Knudgaard LarsenCurrent
BoardOle VestergaardCurrent
BoardBjarne Knudgaard LarsenCurrent
BoardKarl Peter Kjær FreieslebenCurrent
BoardKurt Braarup Vestergaard
Owner (15%)ALPHA ApSCurrent
Owner (15%)INNOSOUND ApSCurrent
Owner (25%)AKUSTIK DESIGN ApSCurrent
Owner (10%)PKL INVEST ApSCurrent
Owner (20%)PETMIC ApSCurrent
Owner (33%)ADD COACHING ApS
Owner (20%)Kurt Braarup Vestergaard
Owner (20%)KBV-2 Holding ApS
AuditorRevisions-Partner I/S, registrerede revisorerCurrent
AuditorAdvosion, Statsautoriseret Revisionspartnerselskab
FounderAKUSTIK DESIGN ApSCurrent

The CEOs' other companies

Bjarne Knudgaard Larsen – 1 other companies

Address history (5 moves)

Vestermarken 3F, 8660 Skanderborg
Søbyen 39, 8660 Skanderborg
Valdemars Have 9, 1. th, 8000 Aarhus C
Søvejen 22, 8660 Skanderborg
Østergårds Alle 389, 8362 Hørning
Vestergårds Alle 112, 8362 Hørning

Former names

TYST ApS – now
Acoustic Panels Scandinavia ApS –

Employees per year

Number of employees at TYST ApS per year352017: 520172018: 42018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about TYST ApS

Has TYST ApS gone bankrupt?

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

What is the bankruptcy risk of TYST ApS?

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

Who is the CEO of TYST ApS?

Bjarne Knudgaard Larsen is the CEO of TYST ApS.

Who is the auditor of TYST ApS?

TYST ApS most recently used Revisions-Partner I/S, registrerede revisorer.

When was TYST ApS founded?

TYST ApS was founded on 10 November 2016.

What is the equity of TYST ApS?

Equity was DKK 2.1m 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.