TC 1021 ApS

CVR 39523744 · Private limited company (ApS) · Active · High risk

TC 1021 ApS is a Private limited company (ApS), founded on , based in Sabro. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Mar 2025) shows equity of DKK 383k and a net result of DKK -22k. CEO: Mebrahtu Negusse Reda.

Bankruptcy risk for TC 1021 ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×

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
39523744
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Viborgvej 792A
8471 Sabro
Municipality
Aarhus
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportYes
Negative equityNo
Equity ratio39.8%
Current ratio130%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 1.3m
Net profitDKK -22kDKK 282k
EquityDKK 383kDKK 405k
Total assetsDKK 962kDKK 668k
CashDKK 380k–
Short-term debtDKK 579k–
Tax owedDKK 2,400–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2024 – 31 Mar 2025198 Late
1 Apr 2023 – 31 Mar 2024186 Late
1 Apr 2022 – 31 Mar 2023215 Late
1 Apr 2021 – 31 Mar 2022194 Late
1 Apr 2020 – 31 Mar 202190
1 Apr 2019 – 31 Mar 202045
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
CEOMebrahtu Negusse RedaCurrent
CEOKenneth Erik Larsen
Owner (100%)Express24 ApSCurrent
Owner (100%)Kenneth Erik Larsen
Owner (100%)K.E.L. 2018 ApS
Owner (100%)CABITAL FINANS A/S
Owner (100%)DT7010 IVS
Owner (100%)Stefan Klaus Vinther Christensen
FounderKenneth Erik LarsenCurrent

The CEOs' other companies

Mebrahtu Negusse Reda – 3 other companies, of which 2 bankrupt

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

Address history (7 moves)

Viborgvej 792A, 8471 Sabro
Viborgvej 792A, 8471 Sabro
Langkærvej 20, 1. th, 8381 Tilst
c/o Stefan Klaus Vinther Christensen, Fasanvej 3, 8300 Odder
c/o Cabital Finans A/S, Krogshøjvej 49, 2880 Bagsværd
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 1021 ApS – now
TC 1021 IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TC 1021 ApS

Has TC 1021 ApS gone bankrupt?

No, TC 1021 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TC 1021 ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of TC 1021 ApS?

Mebrahtu Negusse Reda is the CEO of TC 1021 ApS.

When was TC 1021 ApS founded?

TC 1021 ApS was founded on 23 April 2018.

What is the equity of TC 1021 ApS?

Equity was DKK 383k according to the annual report for the period ending 31 March 2025.

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