Tungsten Automation Technologies ApS

CVR 39397102 · Private limited company (ApS) · Active · Low risk

Tungsten Automation Technologies ApS is a Private limited company (ApS), founded on , based in Herlev. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK -30k. CEO: Christian Jörg Franz Hefner.

Bankruptcy risk for Tungsten Automation Technologies ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
39397102
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Lyskær 3C, 4.
2730 Herlev
Municipality
Herlev
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 60k
Employees
6 (2018)
Auditor
Forvis Mazars
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio99.0%
Current ratio9,822%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address190
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 131DKK 17kDKK 6,000
Net profitDKK -30kDKK 49kDKK 6,000
EquityDKK 1.9mDKK 1.9mDKK 1.8m
Total assetsDKK 1.9mDKK 2.0mDKK 1.9m
Cash–DKK 0–
Short-term debtDKK 19kDKK 143k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022202 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020177
1 Jan 2019 – 31 Dec 2019233 Late
28 Feb 2018 – 30 Sep 2018120

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
CEOChristian Jörg Franz HefnerCurrent
CEOCaroline Curtis
CEOMartin Gustav Oberholzer
BoardChristian Jörg Franz HefnerCurrent
BoardPeter LawrenceCurrent
BoardJeffrey Kyle StouderCurrent
BoardCaroline Curtis
BoardGeorge David Carroll
BoardAnne Marie Kehoe
BoardMartin Gustav Oberholzer
BoardCort Steven Townsend
BoardChristian Jörg Franz Hefner
BoardChristian Jörg Franz Hefner
BoardMartin Gustav Oberholzer
Owner (100%)Tungsten Automation CorporationCurrent
Owner (100%)Nuance Document Imaging Inc.
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
FounderNuance Communications Ireland LimitedCurrent

Address history (3 moves)

Lyskær 3C, 4., 2730 Herlev
Lyskær 5, 3., 2730 Herlev
Lottenborgvej 26, 2800 Kongens Lyngby
Høffdingsvej 34, 2500 Valby

Former names

Tungsten Automation Technologies ApS – now
Kofax Technologies ApS –
Nuance Communications Denmark ApS –

Employees per year

Number of employees at Tungsten Automation Technologies ApS per year362018: 62018

Other companies at the same address

Similar companies in Herlev

Questions and answers about Tungsten Automation Technologies ApS

Has Tungsten Automation Technologies ApS gone bankrupt?

No, Tungsten Automation Technologies ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Tungsten Automation Technologies ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Tungsten Automation Technologies ApS?

Christian Jörg Franz Hefner is the CEO of Tungsten Automation Technologies ApS.

Who is the auditor of Tungsten Automation Technologies ApS?

Tungsten Automation Technologies ApS most recently used Forvis Mazars.

When was Tungsten Automation Technologies ApS founded?

Tungsten Automation Technologies ApS was founded on 28 February 2018.

What is the equity of Tungsten Automation Technologies ApS?

Equity was DKK 1.9m 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.