Thymotech ApS

CVR 38773976 · Private limited company (ApS) · Active · Low risk

Thymotech ApS is a Private limited company (ApS), founded on , based in Hurup Thy. The company is registered in the industry engroshandel med reservedele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.7m and a net result of DKK 1.8m. CEO: Michael Galsgaard, Gert Rasmus Fink Højen.

Bankruptcy risk for Thymotech ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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
38773976
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Oddesundvej 282
7760 Hurup Thy
Municipality
Thisted
Industry
Engroshandel med reservedele og tilbehør til motorkøretøjer (467200)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
7 (2018)
Auditor
REVIFJORD Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio32.7%
Current ratio171%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 7.6mDKK 6.3mDKK 5.2m
Net profitDKK 1.8mDKK 1.2mDKK 749k
EquityDKK 4.7mDKK 3.0mDKK 2.0m
Total assetsDKK 14.4mDKK 8.6mDKK 8.1m
CashDKK 11kDKK 1.5m–
Short-term debtDKK 4.0mDKK 2.2m–
Avg. employees08–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · REVIFJORDGodkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019188 Late
1 Jul 2017 – 31 Dec 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
CEOMichael GalsgaardCurrent
CEOGert Rasmus Fink HøjenCurrent
Owner (100%)RM Holding, Thy ApSCurrent
AuditorREVIFJORD Godkendt RevisionspartnerselskabCurrent
FounderRM Holding, Thy ApSCurrent

The CEOs' other companies

Michael Galsgaard – 4 other companies

Gert Rasmus Fink Højen – 5 other companies

Address history (1 moves)

Oddesundvej 282, 7760 Hurup Thy
Oddesundvej 282, 7760 Hurup Thy

Former names

Thymotech ApS – now
JD Motorteknik ApS –

Employees per year

Number of employees at Thymotech ApS per year472017: 420172018: 72018

Other companies at the same address

Similar companies in Thisted

Questions and answers about Thymotech ApS

Has Thymotech ApS gone bankrupt?

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

What is the bankruptcy risk of Thymotech ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Thymotech ApS?

Michael Galsgaard, Gert Rasmus Fink Højen are the CEOs of Thymotech ApS.

Who is the auditor of Thymotech ApS?

Thymotech ApS most recently used REVIFJORD Godkendt Revisionspartnerselskab.

When was Thymotech ApS founded?

Thymotech ApS was founded on 1 July 2017.

What is the equity of Thymotech ApS?

Equity was DKK 4.7m 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.