Tovsiggaard ApS

CVR 38690973 · Private limited company (ApS) · Active · Low risk

Tovsiggaard ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry dyrkning af træer og andre skovbrugsaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 40k and a net result of DKK -304k. CEO: Kirsten Storgaard Nygaard.

Bankruptcy risk for Tovsiggaard ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38690973
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Bredalsvigvej 1
7600 Struer
Municipality
Struer
Industry
Dyrkning af træer og andre skovbrugsaktiviteter (021000)
Bankruptcies in the industry: Dyrkning af træer og andre skovbrugsaktiviteter
Share capital
DKK 50k
Auditor
Dahl, Rask & Partnere StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio1.0%
Current ratio3%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -40k–
Net profitDKK -304k–
EquityDKK 40k–
Total assetsDKK 4.1m–
CashDKK 27k–
Short-term debtDKK 4.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Dahl, Rask & Partnere StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025184 Late
1 Jul 2023 – 30 Jun 2024185 Late
1 Jul 2022 – 30 Jun 2023153
1 Jul 2021 – 30 Jun 2022124
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020154
1 Jul 2018 – 30 Jun 2019149
7 Jun 2017 – 30 Jun 2018149

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
CEOKirsten Storgaard NygaardCurrent
CEOKaj Nygaard
Owner (100%)KN-HOLDING A/SCurrent
FounderKN-HOLDING A/SCurrent

The CEOs' other companies

Kirsten Storgaard Nygaard – 9 other companies

Kaj Nygaard – 16 other companies, of which 3 bankrupt

Address history (0 moves)

Bredalsvigvej 1, 7600 Struer

Other companies at the same address

Similar companies in Struer

Questions and answers about Tovsiggaard ApS

Has Tovsiggaard ApS gone bankrupt?

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

What is the bankruptcy risk of Tovsiggaard ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Tovsiggaard ApS?

Kirsten Storgaard Nygaard is the CEO of Tovsiggaard ApS.

Who is the auditor of Tovsiggaard ApS?

Tovsiggaard ApS most recently used Dahl, Rask & Partnere StatsautoriseretRevisionsaktieselskab.

When was Tovsiggaard ApS founded?

Tovsiggaard ApS was founded on 7 June 2017.

What is the equity of Tovsiggaard ApS?

Equity was DKK 40k according to the annual report for the period ending 30 June 2025.

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