TSM Transport ApS

CVR 38649914 · Private limited company (ApS) · Active · Very high risk

TSM Transport ApS is a Private limited company (ApS), founded on , based in Korsør. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -14k and a net result of DKK -328k.

Bankruptcy risk for TSM Transport ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38649914
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Hulbyvej 48A
4220 Korsør
Municipality
Slagelse
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 66k
Employees
1 (2018)
Auditor
Revisionsfirmaet Mogens Møller Nielsen
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-0.9%
Current ratio75%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 505kDKK 531k
Net profitDKK -328kDKK 84k
EquityDKK -14kDKK 314k
Total assetsDKK 1.6mDKK 1.4m
CashDKK 519k–
Short-term debtDKK 1.6m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Mogens Møller Nielsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025176
1 Oct 2023 – 30 Sep 2024143
1 Oct 2022 – 30 Sep 2023177
1 Oct 2021 – 30 Sep 2022172
1 Oct 2020 – 30 Sep 2021133
1 Oct 2019 – 30 Sep 2020168
1 Oct 2018 – 30 Sep 2019152
17 May 2017 – 30 Sep 2018163

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
CEOKaare Stender Mortensen
Owner (33%)Tobias Stender MortensenCurrent
Owner (50%)K.S.M. NET HELPERS ApSCurrent
Owner (50%)K.S.M. NET HELPERS ApS
FounderTobias Stender MortensenCurrent
FounderK.S.M. NET HELPERS ApSCurrent

The CEOs' other companies

Kaare Stender Mortensen – 2 other companies

Address history (1 moves)

Hulbyvej 48A, 4220 Korsør
Stenmaglevej 32, 4295 Stenlille

Former names

TSM Transport ApS – now
TSM Markservice ApS –

Employees per year

Number of employees at TSM Transport ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Slagelse

Questions and answers about TSM Transport ApS

Has TSM Transport ApS gone bankrupt?

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

What is the bankruptcy risk of TSM Transport ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the auditor of TSM Transport ApS?

TSM Transport ApS most recently used Revisionsfirmaet Mogens Møller Nielsen.

When was TSM Transport ApS founded?

TSM Transport ApS was founded on 17 May 2017.

What is the equity of TSM Transport ApS?

Equity was DKK -14k according to the annual report for the period ending 30 September 2025.

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