TwinOak Skunkworks ApS

CVR 38971778 · Private limited company (ApS) · Active · Low risk

TwinOak Skunkworks ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry industrielt design og modedesign. 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. The latest annual report (31 Dec 2025) shows equity of DKK 29k and a net result of DKK -249k. CEO: Thomas Eg.

Bankruptcy risk for TwinOak Skunkworks 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · 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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
38971778
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Violvej 31
8240 Risskov
Municipality
Aarhus
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 250k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio66.8%
Current ratio276%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -145kDKK -69k
Net profitDKK -249kDKK -57k
EquityDKK 29kDKK 28k
Total assetsDKK 43kDKK 146k
CashDKK 3,485–
Short-term debtDKK 14k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202549
1 Jan 2024 – 31 Dec 2024114
1 Jan 2023 – 31 Dec 202372
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 202160
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201927
19 Sep 2017 – 31 Dec 201886

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 EgCurrent
Owner (100%)TwinOak Holding ApSCurrent
FounderTwinOak Holding ApSCurrent

The CEOs' other companies

Thomas Eg – 4 other companies, of which 2 bankrupt

Address history (1 moves)

Violvej 31, 8240 Risskov
Grenåvej 797S, 8541 Skødstrup

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TwinOak Skunkworks ApS

Has TwinOak Skunkworks ApS gone bankrupt?

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

What is the bankruptcy risk of TwinOak Skunkworks 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 TwinOak Skunkworks ApS?

Thomas Eg is the CEO of TwinOak Skunkworks ApS.

Who is the auditor of TwinOak Skunkworks ApS?

TwinOak Skunkworks ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was TwinOak Skunkworks ApS founded?

TwinOak Skunkworks ApS was founded on 19 September 2017.

What is the equity of TwinOak Skunkworks ApS?

Equity was DKK 29k 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.