Tumbleweed Production ApS

CVR 39363380 · Private limited company (ApS) · Active · Low risk

Tumbleweed Production ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -257k and a net result of DKK -16k. CEO: Poul Krebs, Henrik Puggaard.

Bankruptcy risk for Tumbleweed Production ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
39363380
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Henrik Puggaard, Strandmarksvej 11
8240 Risskov
Municipality
Aarhus
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-6,511.6%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 131DKK 59DKK 112
Gross profitDKK -9,914DKK -9,625DKK -60k
Net profitDKK -16kDKK -39kDKK -89k
EquityDKK -257kDKK -240kDKK -202k
Total assetsDKK 3,940DKK 7,272DKK 50k
CashDKK 1,588DKK 4,971–
Short-term debtDKK 260kDKK 248k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023189 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019262 Late
26 Feb 2018 – 31 Dec 2018177

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
CEOPoul KrebsCurrent
CEOHenrik PuggaardCurrent
Owner (50%)Poul KrebsCurrent
Owner (50%)HPUG HOLDING ApSCurrent
Owner (50%)Henrik Puggaard
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPoul KrebsCurrent
FounderHPUG HOLDING ApSCurrent

The CEOs' other companies

Poul Krebs – 1 other companies

Henrik Puggaard – 57 other companies, of which 17 bankrupt

Address history (0 moves)

c/o Henrik Puggaard, Strandmarksvej 11, 8240 Risskov

Former names

Tumbleweed Production ApS – now
Tumbleweed Production IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Tumbleweed Production ApS

Has Tumbleweed Production ApS gone bankrupt?

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

What is the bankruptcy risk of Tumbleweed Production ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Tumbleweed Production ApS?

Poul Krebs, Henrik Puggaard are the CEOs of Tumbleweed Production ApS.

Who is the auditor of Tumbleweed Production ApS?

Tumbleweed Production ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Tumbleweed Production ApS founded?

Tumbleweed Production ApS was founded on 26 February 2018.

What is the equity of Tumbleweed Production ApS?

Equity was DKK -257k 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.