Thy Træelement ApS

CVR 39174464 · Private limited company (ApS) · Active · Low risk

Thy Træelement ApS is a Private limited company (ApS), founded on , based in Hurup Thy. The company is registered in the industry fremstilling af døre og vinduer af træ. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2026) shows equity of DKK 1.6m and a net result of DKK 769k. CEO: Karsten Toftdal Larsen.

Bankruptcy risk for Thy Træelement 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
39174464
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Fabriksvej 2
7760 Hurup Thy
Municipality
Thisted
Industry
Fremstilling af døre og vinduer af træ (162500)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio51.6%
Current ratio243%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 2.9mDKK 2.3mDKK 126k
Net profitDKK 769kDKK 254kDKK 44k
EquityDKK 1.6mDKK 817kDKK 563k
Total assetsDKK 3.1mDKK 2.0mDKK 1.0m
CashDKK 1.6mDKK 481k–
Short-term debtDKK 1.1mDKK 831k–
Tax owedDKK 109kDKK 12k–
Avg. employees45–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026101
1 Jul 2024 – 30 Jun 2025190 Late
1 Jul 2023 – 30 Jun 202495
1 Jul 2022 – 30 Jun 2023176
1 Jul 2021 – 30 Jun 2022130
1 Jul 2020 – 30 Jun 2021163
1 Jul 2019 – 30 Jun 2020143
1 Jul 2018 – 30 Jun 2019155
12 Dec 2017 – 30 Jun 2018156

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
CEOKarsten Toftdal LarsenCurrent
Owner (100%)Karsten Toftdal LarsenCurrent
AuditorRL af 1/7 2020 P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderKarsten Toftdal LarsenCurrent

The CEOs' other companies

Karsten Toftdal Larsen – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Fabriksvej 2, 7760 Hurup Thy

Former names

Thy Træelement ApS – now
KL Hurup Holding ApS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about Thy Træelement ApS

Has Thy Træelement ApS gone bankrupt?

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

What is the bankruptcy risk of Thy Træelement 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 Thy Træelement ApS?

Karsten Toftdal Larsen is the CEO of Thy Træelement ApS.

Who is the auditor of Thy Træelement ApS?

Thy Træelement ApS most recently used Beierholm.

When was Thy Træelement ApS founded?

Thy Træelement ApS was founded on 12 December 2017.

What is the equity of Thy Træelement ApS?

Equity was DKK 1.6m according to the annual report for the period ending 30 June 2026.

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