Thye Administration ApS

CVR 38437283 · Private limited company (ApS) · Active · Low risk

Thye Administration ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 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 3.2m and a net result of DKK 2.2m. CEO: Morten Thye.

Bankruptcy risk for Thye Administration ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Other companies at the same address20–100 · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
38437283
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Skovvejen 11, st.
8000 Aarhus C
Municipality
Aarhus
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityNo
Equity ratio58.2%
Current ratio240%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address63
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.7mDKK 663kDKK 3.9m
Net profitDKK 2.2mDKK 108kDKK 2.0m
EquityDKK 3.2mDKK 988kDKK 880k
Total assetsDKK 5.4mDKK 4.2mDKK 4.4m
CashDKK 73DKK 8,875–
Short-term debtDKK 2.3mDKK 3.1m–
Tax owedDKK 613kDKK 48k–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionshuset Tal &amp; Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021217 Late
1 Jan 2020 – 31 Dec 2020230 Late
1 Jan 2019 – 31 Dec 2019278 Late
21 Feb 2017 – 30 Jun 2018137

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
CEOMorten ThyeCurrent
Owner (100%)Familien Thye Holding ApSCurrent
Owner (100%)MORTEN THYE HOLDING ApS
AuditorRevisionshuset Tal & Tanker Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMORTEN THYE HOLDING ApSCurrent

The CEOs' other companies

Morten Thye – 44 other companies, of which 1 bankrupt

Address history (5 moves)

Skovvejen 11, st., 8000 Aarhus C
Krathusvej 13, 8240 Risskov
Vinkelvej 4C, 8240 Risskov
Sindalsvej 21, 8240 Risskov
Skovvejen 1, 1. tv, 8000 Aarhus C
Skt. Pauls Gade 5, 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Thye Administration ApS

Has Thye Administration ApS gone bankrupt?

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

What is the bankruptcy risk of Thye Administration 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 Thye Administration ApS?

Morten Thye is the CEO of Thye Administration ApS.

Who is the auditor of Thye Administration ApS?

Thye Administration ApS most recently used Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab.

When was Thye Administration ApS founded?

Thye Administration ApS was founded on 21 February 2017.

What is the equity of Thye Administration ApS?

Equity was DKK 3.2m 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.