Finmann VVS/Entreprise ApS

CVR 38758683 · Private limited company (ApS) · Active · Very high risk

Finmann VVS/Entreprise ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -199k and a net result of DKK -88k. CEO: Thomas Finmann Jørgensen.

Bankruptcy risk for Finmann VVS/Entreprise ApS

12.9%
probability of bankruptcy within 12 months
Very high risk

9.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38758683
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Tigervej 15
4600 Køge
Municipality
Køge
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
8 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-10.2%
Current ratio100%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.7mDKK 2.8mDKK 3.7m
Net profitDKK -88kDKK -645kDKK -504k
EquityDKK -199kDKK -111kDKK 535k
Total assetsDKK 2.0mDKK 1.9mDKK 3.6m
Short-term debtDKK 1.9mDKK 1.8m–
Avg. employees56–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017169

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
CEOThomas Finmann JørgensenCurrent
Owner (100%)Thomas Finmann JørgensenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorSELSKABET AF 16.08.2021 A/S
FounderThomas Finmann JørgensenCurrent

Address history (0 moves)

Tigervej 15, 4600 Køge

Former names

Finmann VVS/Entreprise ApS – now
Finmann VVS/entreprise ApS –

Employees per year

Number of employees at Finmann VVS/Entreprise ApS per year592017: 920172018: 82018

Other companies at the same address

Similar companies in Køge

Questions and answers about Finmann VVS/Entreprise ApS

Has Finmann VVS/Entreprise ApS gone bankrupt?

No, Finmann VVS/Entreprise ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Finmann VVS/Entreprise ApS?

Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.

Who is the CEO of Finmann VVS/Entreprise ApS?

Thomas Finmann Jørgensen is the CEO of Finmann VVS/Entreprise ApS.

Who is the auditor of Finmann VVS/Entreprise ApS?

Finmann VVS/Entreprise ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Finmann VVS/Entreprise ApS founded?

Finmann VVS/Entreprise ApS was founded on 19 June 2017.

What is the equity of Finmann VVS/Entreprise ApS?

Equity was DKK -199k 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.