TE Byg ApS

CVR 38209132 · Private limited company (ApS) · Active · Low risk

TE Byg ApS is a Private limited company (ApS), founded on , based in Tårs. 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 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 368k and a net result of DKK 64k. CEO: Thomas Isaksen Elefsen.

Bankruptcy risk for TE Byg 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
38209132
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Hjabelundvej 49
9830 Tårs
Municipality
Hjørring
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio34.3%
Current ratio161%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 312kDKK 689k
Net profitDKK 64kDKK 152k
EquityDKK 368kDKK 504k
Total assetsDKK 1.1mDKK 1.1m
CashDKK 210k–
Short-term debtDKK 494k–
Tax owedDKK 24k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 202548
1 Nov 2023 – 31 Oct 202439
1 Nov 2022 – 31 Oct 2023110
1 Nov 2021 – 31 Oct 2022109
1 Nov 2020 – 31 Oct 202170
1 Nov 2019 – 31 Oct 2020141
1 Nov 2018 – 31 Oct 2019155
1 Oct 2017 – 31 Oct 201849
23 Nov 2016 – 30 Sep 201733

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
CEOThomas Isaksen ElefsenCurrent
Owner (100%)TE Holding Tårs ApSCurrent
Owner (100%)Thomas Isaksen Elefsen
FounderThomas Isaksen ElefsenCurrent

The CEOs' other companies

Thomas Isaksen Elefsen – 6 other companies

Address history (1 moves)

Hjabelundvej 49, 9830 Tårs
Gammel Damhusvej 11, 9830 Tårs

Former names

TE Byg ApS – now
Jysk Maskinstation ApS –

Employees per year

Number of employees at TE Byg ApS per year112018: 12018

Other companies at the same address

Similar companies in Hjørring

Questions and answers about TE Byg ApS

Has TE Byg ApS gone bankrupt?

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

What is the bankruptcy risk of TE Byg 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 TE Byg ApS?

Thomas Isaksen Elefsen is the CEO of TE Byg ApS.

Who is the auditor of TE Byg ApS?

TE Byg ApS most recently used Beierholm.

When was TE Byg ApS founded?

TE Byg ApS was founded on 23 November 2016.

What is the equity of TE Byg ApS?

Equity was DKK 368k according to the annual report for the period ending 31 October 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.