Toa Byg ApS

CVR 39844346 · Private limited company (ApS) · Active · Very high risk

Toa Byg ApS is a Private limited company (ApS), founded on , based in Ishøj. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 88k and a net result of DKK 240k.

Bankruptcy risk for Toa Byg ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%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×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
39844346
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Baldersbækvej 24
2635 Ishøj
Municipality
Ishøj
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Revisionsfirmaet Albrechtsen
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio23.5%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 304kDKK -262kDKK 381k
Net profitDKK 240kDKK -372kDKK 307k
EquityDKK 88kDKK -153kDKK 219k
Total assetsDKK 372kDKK 101kDKK 389k
CashDKK 132kDKK 101k–
Short-term debtDKK 285kDKK 253k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025209 Late
1 Jan 2024 – 31 Dec 2024196 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019101
10 Sep 2018 – 31 Dec 2018169

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
Owner (100%)VARUP HOLDING ApSCurrent
FounderThomas VarupCurrent

Address history (1 moves)

Baldersbækvej 24, 2635 Ishøj
Njalsgade 28A, 1. th, 2300 København S

Former names

Toa Byg ApS – now
MT Management IVS –

Other companies at the same address

Similar companies in Ishøj

Questions and answers about Toa Byg ApS

Has Toa Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Toa Byg ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the auditor of Toa Byg ApS?

Toa Byg ApS most recently used Revisionsfirmaet Albrechtsen.

When was Toa Byg ApS founded?

Toa Byg ApS was founded on 6 September 2018.

What is the equity of Toa Byg ApS?

Equity was DKK 88k 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.