Thorsminde Byg ApS

CVR 38694197 · Private limited company (ApS) · Active · Medium risk

Thorsminde Byg ApS is a Private limited company (ApS), founded on , based in Ulfborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -217k and a net result of DKK -74k. CEO: Theis Arensdorff Willadsen.

Bankruptcy risk for Thorsminde Byg ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
38694197
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Grønnevej 16
6990 Ulfborg
Municipality
Holstebro
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
0 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-593.3%
Current ratio7%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -69kDKK 66k
Net profitDKK -74kDKK 53k
EquityDKK -217kDKK -143k
Total assetsDKK 37kDKK 156k
CashDKK 0–
Short-term debtDKK 253k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025174
1 Jul 2023 – 30 Jun 2024171
1 Jul 2022 – 30 Jun 2023193 Late
1 Jul 2021 – 30 Jun 2022183
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020156
1 Jul 2018 – 30 Jun 2019163
26 May 2017 – 30 Jun 2018153

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
CEOTheis Arensdorff WilladsenCurrent
Owner (100%)Theis Arensdorff WilladsenCurrent
FounderTheis Arensdorff WilladsenCurrent

Address history (0 moves)

Grønnevej 16, 6990 Ulfborg

Employees per year

Number of employees at Thorsminde Byg ApS per year112018: 02018

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Questions and answers about Thorsminde Byg ApS

Has Thorsminde Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Thorsminde Byg ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Thorsminde Byg ApS?

Theis Arensdorff Willadsen is the CEO of Thorsminde Byg ApS.

Who is the auditor of Thorsminde Byg ApS?

Thorsminde Byg ApS most recently used Beierholm.

When was Thorsminde Byg ApS founded?

Thorsminde Byg ApS was founded on 26 May 2017.

What is the equity of Thorsminde Byg ApS?

Equity was DKK -217k 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.