Ter Nordic ApS

CVR 38432621 · Private limited company (ApS) · Active · Low risk

Ter Nordic ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry engroshandel med kemiske produkter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.6m and a net result of DKK 1.8m. CEO: Emmanuel John Kann-Tsavaris.

Bankruptcy risk for Ter Nordic ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
38432621
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Rosenbæk Torv 1, 4.
5000 Odense C
Municipality
Odense
Industry
Engroshandel med kemiske produkter (468500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 7,750
Employees
5 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio23.2%
Current ratio251%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 12.2mDKK 11.9m
Net profitDKK 1.8mDKK 2.7m
EquityDKK 11.6mDKK 10.2m
Total assetsDKK 50.1mDKK 55.5m
CashDKK 2.1m–
Short-term debtDKK 19.9m–
Tax owedDKK 0–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 2024115
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022201 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018178
20 Feb 2017 – 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
CEOEmmanuel John Kann-TsavarisCurrent
CEOThomas Sprock
CEOAndreas Strube
CEOCasper Werenberg la Cour Larsen
BoardAndreas FrühCurrent
Owner (100%)TER Chemicals GmbH & Co. KGCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTer Hell & Co. GmbHCurrent

The CEOs' other companies

Casper Werenberg la Cour Larsen – 1 other companies

Address history (3 moves)

Rosenbæk Torv 1, 4., 5000 Odense C
Lucernemarken 23, 5260 Odense S
Kochsgade 31D, 2., 5000 Odense C
c/o Casper la Cour Clausen, Kragsbjergvej 75, st. tv, 5000 Odense C

Employees per year

Number of employees at Ter Nordic ApS per year352017: 220172018: 52018

Other companies at the same address

Similar companies in Odense

Questions and answers about Ter Nordic ApS

Has Ter Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Ter Nordic ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Ter Nordic ApS?

Emmanuel John Kann-Tsavaris is the CEO of Ter Nordic ApS.

Who is the auditor of Ter Nordic ApS?

Ter Nordic ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Ter Nordic ApS founded?

Ter Nordic ApS was founded on 20 February 2017.

What is the equity of Ter Nordic ApS?

Equity was DKK 11.6m 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.