TH Udvikling ApS
CVR 38527533 · Private limited company (ApS) · Active · High risk
TH Udvikling ApS is a Private limited company (ApS), founded on , based in Ebeltoft. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 3.0% over the next 12 months, which is 2.1 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 101k and a net result of DKK -10k. CEO: Steen Ravn Aagaard.
Bankruptcy risk for TH Udvikling ApS
2.1 × the average (1.41%) · higher risk than 88% of active Danish companies
Increases the risk
Reduces the risk
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
- 38527533
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- c/o Steen Aagaard, Lathyrusvej 3
8400 Ebeltoft - Municipality
- Syddjurs
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 50k
- Employees
- 1 (2018)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 48.6% |
| Current ratio | 195% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 3 |
| Other companies at the address | 6 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 315k | DKK 398k |
| Net profit | DKK -10k | DKK 36k |
| Equity | DKK 101k | DKK 112k |
| Total assets | DKK 208k | DKK 183k |
| Cash | DKK 24k | – |
| Short-term debt | DKK 107k | – |
| Tax owed | DKK 0 | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 149 | ||
| 1 Jan 2024 – 31 Dec 2024 | 142 | ||
| 1 Jan 2023 – 31 Dec 2023 | 162 | ||
| 1 Jan 2022 – 31 Dec 2022 | 115 | ||
| 1 Jan 2021 – 31 Dec 2021 | 143 | ||
| 1 Jan 2020 – 31 Dec 2020 | 153 | ||
| 1 Jan 2019 – 31 Dec 2019 | 241 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 146 | ||
| 23 Mar 2017 – 31 Dec 2017 | 149 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Steen Ravn Aagaard | Current | |
| Owner (100%) | Steen Ravn Aagaard | Current | |
| Owner (100%) | Torben Hjarsbæk | ||
| Founder | Torben Hjarsbæk | Current |
The CEOs' other companies
Steen Ravn Aagaard – 11 other companies, of which 5 bankrupt
- Airgreen A/S Bankrupt 16 May 2017
- CARE4CLEANING IVS Bankrupt 16 Nov 2016
- MB Kredit ApS Bankrupt 14 Nov 2023
- SCANDINAVIAN TRADE DENMARK SMBA Bankrupt 15 Sep 2010
- TMJ ApS Bankrupt 16 Nov 2016
- AAGAARD CONSULTING ApS Compulsorily dissolved
- AIRGREEN Trading IVS Compulsorily dissolved
- EMRA-HOLDING IVS Compulsorily dissolved
- EQUIPMENT TRADING ApS Compulsorily dissolved
- JYSK HANDELSSELSKAB ApS Compulsorily dissolved
- Noble Horse ApS Active
Address history (2 moves)
| c/o Steen Aagaard, Lathyrusvej 3, 8400 Ebeltoft | |
| c/o Steen Aagaard, Rosenhøjvej 2, 8410 Rønde | |
| c/o Torben Hjarsbæk, Holmetoften 41, 8270 Højbjerg |
Former names
| TH Udvikling ApS | – now |
| Ejendomsselskabet Falkevej 19 ApS | – |
Employees per year
Other companies at the same address
- AL-BLICH ApS Opløst
- EJENDOMSAKTIESELSKABET A. KNUDSENSVEJ 6 - 10 Fusioneret
- W.B. HOLDING ApS Active
- W.B. Holding, Ebeltoft ApS Fusioneret
- WB AF 25/11 1992 A/S Opløst
- WB1 Holding, Ebeltoft ApS Fusioneret
Similar companies in Syddjurs
- IBT ApS Ebeltoft
- PA FINANS A/S Kolind
- Tiny Horse Consult ApS Ebeltoft
- Uerstattelig ApS Ebeltoft
- Kristiansen Advisory ApS Knebel
- Thygesen Consulting ApS Hornslet
- Horizon Point ApS Rønde
- MIAH Consulting ApS Rønde
- Adræt ApS Rønde
- Tankestyring ApS Rønde
- Degn Rasmussen Consult ApS Ryomgård
- FO Wind ApS Ebeltoft
Questions and answers about TH Udvikling ApS
Has TH Udvikling ApS gone bankrupt?
No, TH Udvikling ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TH Udvikling ApS?
Our model estimates a bankruptcy risk of 3.0% over the next 12 months (high risk), which is 2.1 times the average for Danish companies.
Who is the CEO of TH Udvikling ApS?
Steen Ravn Aagaard is the CEO of TH Udvikling ApS.
When was TH Udvikling ApS founded?
TH Udvikling ApS was founded on 23 March 2017.
What is the equity of TH Udvikling ApS?
Equity was DKK 101k 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.