TeraHertz Software Aps

CVR 39507250 · Private limited company (ApS) · Active · Low risk

TeraHertz Software 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. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 32k and a net result of DKK -1,521. CEO: Sune Hertz Thomsen.

Bankruptcy risk for TeraHertz Software 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39507250
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Snedronningvej 15A
2730 Herlev
Municipality
Herlev
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0DKK 0
Gross profitDKK 0DKK 0
Net profitDKK -1,521DKK -1,462
EquityDKK 32kDKK 39k
Total assetsDKK 32kDKK 41k
CashDKK 405–
Short-term debtDKK 0–
Tax owedDKK 0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025181
1 Oct 2023 – 30 Sep 2024182 Restated
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020152
20 Apr 2018 – 30 Sep 2019150

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
CEOSune Hertz ThomsenCurrent
CEOTao Lundsgaard
Owner (100%)THz Software ApSCurrent
FounderTHz Software ApSCurrent

The CEOs' other companies

Sune Hertz Thomsen – 2 other companies

Tao Lundsgaard – 6 other companies, of which 2 bankrupt

Address history (2 moves)

Snedronningvej 15A, 2730 Herlev
Marielundvej 46B, 1., 2730 Herlev
Dyblandsvangen 29, 2700 Brønshøj

Former names

TeraHertz Software Aps – now
Zercu Nordic IVS –

Other companies at the same address

Similar companies in Herlev

Questions and answers about TeraHertz Software Aps

Has TeraHertz Software Aps gone bankrupt?

No, TeraHertz Software Aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TeraHertz Software 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 TeraHertz Software Aps?

Sune Hertz Thomsen is the CEO of TeraHertz Software Aps.

When was TeraHertz Software Aps founded?

TeraHertz Software Aps was founded on 20 April 2018.

What is the equity of TeraHertz Software Aps?

Equity was DKK 32k according to the annual report for the period ending 30 September 2025.

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