TC 1020 ApS

CVR 39523736 · Private limited company (ApS) · Active · Low risk

TC 1020 ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK -291k and a net result of DKK -62k.

Bankruptcy risk for TC 1020 ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
39523736
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Lars Bitsch, Sølystvej 10
8800 Viborg
Municipality
Viborg
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Auditor
Andersen Revision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-403.4%
Current ratio20%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20262025
Gross profitDKK 694kDKK 488k
Net profitDKK -62kDKK -175k
EquityDKK -291kDKK -229k
Total assetsDKK 72kDKK 63k
CashDKK 10k–
Short-term debtDKK 363k–
Tax owedDKK 1,694–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202693
1 Apr 2024 – 31 Mar 202574
1 Apr 2023 – 31 Mar 2024145
1 Apr 2022 – 31 Mar 2023175
1 Apr 2021 – 31 Mar 2022174
1 Apr 2020 – 31 Mar 2021160
1 Apr 2019 – 31 Mar 2020252 Late
23 Apr 2018 – 31 Mar 201971

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
CEOKenneth Erik Larsen
Owner (100%)Lars Martin BitschCurrent
Owner (100%)Kenneth Erik Larsen
Owner (100%)K.E.L. 2018 ApS
Owner (100%)CABITAL FINANS A/S
Owner (100%)DT7010 IVS
FounderKenneth Erik LarsenCurrent

The CEOs' other companies

Kenneth Erik Larsen – 60 other companies, of which 17 bankrupt

Address history (3 moves)

c/o Lars Bitsch, Sølystvej 10, 8800 Viborg
c/o Lars Christiansen, Finlandsvej 7, 2800 Kongens Lyngby
c/o cabital Finans A/S, Kongevejen 135A, 2830 Virum
c/o Taxicentret, Virumgade 1, 2830 Virum

Former names

TC 1020 ApS – now
TC 1020 IVS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about TC 1020 ApS

Has TC 1020 ApS gone bankrupt?

No, TC 1020 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TC 1020 ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of TC 1020 ApS?

TC 1020 ApS most recently used Andersen Revision.

When was TC 1020 ApS founded?

TC 1020 ApS was founded on 23 April 2018.

What is the equity of TC 1020 ApS?

Equity was DKK -291k according to the annual report for the period ending 31 March 2026.

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