TMT Totalbyg ApS

CVR 38899112 · Private limited company (ApS) · Active · Low risk

TMT Totalbyg ApS is a Private limited company (ApS), founded on , based in Slagelse. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 63k and a net result of DKK -89k. CEO: Thorkild Frandsen.

Bankruptcy risk for TMT Totalbyg ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%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 since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×

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
38899112
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Thorkild Frandsen, Vemmeløsevej 7
4200 Slagelse
Municipality
Slagelse
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Auditor
THN Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio9.5%
Current ratio72%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 310kDKK 548k
Net profitDKK -89kDKK 118k
EquityDKK 63kDKK 184k
Total assetsDKK 668kDKK 951k
CashDKK 77k–
Short-term debtDKK 108k–
Tax owedDKK 0–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202573
1 Jan 2024 – 31 Dec 202468
1 Jan 2023 – 31 Dec 202356
1 Jan 2022 – 31 Dec 2022110
1 Jan 2021 – 31 Dec 202197
1 Jan 2020 – 31 Dec 202069
1 Jan 2019 – 31 Dec 201938
1 Sep 2017 – 31 Dec 2018136

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
CEOThorkild FrandsenCurrent
Owner (100%)Thorkild FrandsenCurrent
FounderThorkild FrandsenCurrent

Address history (1 moves)

c/o Thorkild Frandsen, Vemmeløsevej 7, 4200 Slagelse
c/o Thorkild Frandsen, Frodesvej 15, 4200 Slagelse

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Questions and answers about TMT Totalbyg ApS

Has TMT Totalbyg ApS gone bankrupt?

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

What is the bankruptcy risk of TMT Totalbyg ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of TMT Totalbyg ApS?

Thorkild Frandsen is the CEO of TMT Totalbyg ApS.

Who is the auditor of TMT Totalbyg ApS?

TMT Totalbyg ApS most recently used THN Revision.

When was TMT Totalbyg ApS founded?

TMT Totalbyg ApS was founded on 1 September 2017.

What is the equity of TMT Totalbyg ApS?

Equity was DKK 63k 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.