High Timber Holdings ApS
CVR 38980904 · Private limited company (ApS) · Active · Medium risk
High Timber Holdings ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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. The latest annual report (31 Dec 2025) shows equity of DKK -246k and a net result of DKK -708k.
Bankruptcy risk for High Timber Holdings ApS
1.0 × the average (1.41%) · higher risk than 75% of active Danish companies
Increases the risk
Reduces the risk
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
- 38980904
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- c/o Michael Korch, Indiakaj 1
2100 København Ø - Municipality
- København
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 51k
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 8 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -5.2% |
| Current ratio | 95% |
| Moves (last 2 years) | 2 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 51 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -64k | DKK -50k | DKK -35k |
| Net profit | DKK -708k | DKK 282k | DKK 280k |
| Equity | DKK -246k | DKK 461k | DKK 179k |
| Total assets | DKK 4.7m | DKK 6.3m | DKK 5.7m |
| Cash | DKK 748k | DKK 2.5m | – |
| Short-term debt | DKK 5.0m | DKK 5.9m | – |
| Tax owed | DKK 0 | DKK 39k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 161 | ||
| 1 Jan 2024 – 31 Dec 2024 | 172 | ||
| 1 Jan 2023 – 31 Dec 2023 | 166 | ||
| 1 Jan 2022 – 31 Dec 2022 | 176 | ||
| 1 Jan 2021 – 31 Dec 2021 | 163 | ||
| 1 Jan 2020 – 31 Dec 2020 | 162 | ||
| 1 Jan 2019 – 31 Dec 2019 | 143 | ||
| 29 Sep 2017 – 31 Dec 2018 | 151 |
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
| Role | Name | From | To |
|---|---|---|---|
| Owner (100%) | Michael Korch | Current | |
| Founder | Michael Korch | Current |
Address history (5 moves)
| c/o Michael Korch, Indiakaj 1, 2100 København Ø | |
| c/o Michael Korch, Dronningens Tværgade 26, 1302 København K | |
| c/o Michael Korch, Stumpedyssevej 38, 2970 Hørsholm | |
| c/o Michael Korch, Dronningens Tværgade 26, 1302 København K | |
| c/o Michael Korch, Malmøgade 5, 3., 2100 København Ø | |
| Helsinkigade 29, 15. tv, 2150 Nordhavn |
Former names
| High Timber Holdings ApS | – now |
| Korch Invest ApS | – |
| PK Group ApS | – |
| PKS Group ApS | – |
Other companies at the same address
- LUVI HOLDING ApS Bankrupt
- OMEGNENS OMBYGNINGSSERVICE A/S Bankrupt
- P/S SPICA INVEST Bankrupt
- RENOVERINGSKOMPAGNIET A/S Bankrupt
- SPICA HOLDING A/S Bankrupt
- SPICA INVEST KOMMANDITISTSELSKAB A/S Bankrupt
- SPICA INVEST KOMPLEMENTARSELSKAB ApS Bankrupt
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Questions and answers about High Timber Holdings ApS
Has High Timber Holdings ApS gone bankrupt?
No, High Timber Holdings ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of High Timber Holdings 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 auditor of High Timber Holdings ApS?
High Timber Holdings ApS most recently used EY Godkendt Revisionspartnerselskab.
When was High Timber Holdings ApS founded?
High Timber Holdings ApS was founded on 29 September 2017.
What is the equity of High Timber Holdings ApS?
Equity was DKK -246k 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.