Truust Smede & VVS ApS

CVR 39031388 · Private limited company (ApS) · Active · Very high risk

Truust Smede & VVS ApS is a Private limited company (ApS), founded on , based in Fårvang. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 318k and a net result of DKK -99k. CEO: Jørgen Hestbæk Poulsen.

Bankruptcy risk for Truust Smede & VVS ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

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

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
39031388
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nørskovvej 12
8882 Fårvang
Municipality
Silkeborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Revisionsfirmaet Jørgen Løbner ApSStatsautoriseret revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio13.3%
Current ratio107%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 1.9m
Net profitDKK -99kDKK 275k
EquityDKK 318kDKK 417k
Total assetsDKK 2.4mDKK 2.5m
Short-term debtDKK 2.0m–
Tax owedDKK 16k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Jørgen Løbner ApSStatsautoriseret revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025161
1 Jul 2023 – 30 Jun 2024197 Late
1 Jul 2022 – 30 Jun 2023199 Late
1 Jul 2021 – 30 Jun 2022175
1 Jul 2020 – 30 Jun 2021128
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019172
24 Oct 2017 – 30 Jun 2018163

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
CEOJørgen Hestbæk PoulsenCurrent
Owner (100%)Jørgen Hestbæk PoulsenCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorSTATSAUT. REVISOR J LØBNER ApS
FounderJørgen Hestbæk PoulsenCurrent

The CEOs' other companies

Jørgen Hestbæk Poulsen – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Nørskovvej 12, 8882 Fårvang

Employees per year

Number of employees at Truust Smede & VVS ApS per year352017: 520172018: 52018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Truust Smede & VVS ApS

Has Truust Smede & VVS ApS gone bankrupt?

No, Truust Smede & VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Truust Smede & VVS ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Truust Smede & VVS ApS?

Jørgen Hestbæk Poulsen is the CEO of Truust Smede & VVS ApS.

Who is the auditor of Truust Smede & VVS ApS?

Truust Smede & VVS ApS most recently used Revisionsfirmaet Jørgen Løbner ApSStatsautoriseret revisionsfirma.

When was Truust Smede & VVS ApS founded?

Truust Smede & VVS ApS was founded on 24 October 2017.

What is the equity of Truust Smede & VVS ApS?

Equity was DKK 318k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.