Teglgaard Wood ApS

CVR 38689622 · Private limited company (ApS) · Active · Low risk

Teglgaard Wood ApS is a Private limited company (ApS), founded on , based in Morud. The company is registered in the industry detailhandel med blomster og planter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 778k and a net result of DKK 425k.

Bankruptcy risk for Teglgaard Wood ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Equity ratio0%–10% · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)2 · 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×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38689622
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Rugårdsvej 784
5462 Morud
Municipality
Nordfyns
Industry
Detailhandel med blomster og planter (477610)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 150k
Employees
21 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio8.7%
Current ratio108%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 2.1mDKK 3.0m
Net profitDKK 425kDKK -35kDKK 134k
EquityDKK 778kDKK 353kDKK 388k
Total assetsDKK 8.9mDKK 14.6mDKK 15.4m
CashDKK 341kDKK 1.2m–
Short-term debtDKK 8.1mDKK 14.2m–
Avg. employees24–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019120
1 Jan 2018 – 31 Dec 2018123
6 Jun 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
CEOMichael Teglgaard Jørgensen
BoardMichael Teglgaard JørgensenCurrent
BoardRasmus Wædeled TeglgaardCurrent
BoardAsger Johannes TeglgaardCurrent
BoardMichael Teglgaard Jørgensen
BoardJens Ole Claudi Risom
BoardNiels Otto Lundstedt
Owner (100%)MJ Holding Morud ApSCurrent
Owner (100%)MJ Holding Morud ApS
Owner (33%)GISSELFELD KLOSTER
Owner (33%)DØNNERUP A/S
Owner (33%)MJ Holding Morud ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMJ Holding Morud ApSCurrent

The CEOs' other companies

Michael Teglgaard Jørgensen – 8 other companies, of which 2 bankrupt

Address history (0 moves)

Rugårdsvej 784, 5462 Morud

Employees per year

Number of employees at Teglgaard Wood ApS per year12242017: 2420172018: 212018

Other companies at the same address

Questions and answers about Teglgaard Wood ApS

Has Teglgaard Wood ApS gone bankrupt?

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

What is the bankruptcy risk of Teglgaard Wood ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of Teglgaard Wood ApS?

Teglgaard Wood ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Teglgaard Wood ApS founded?

Teglgaard Wood ApS was founded on 6 June 2017.

What is the equity of Teglgaard Wood ApS?

Equity was DKK 778k 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.