F. Thorsager Holding ApS

CVR 39919583 · Private limited company (ApS) · Active · Medium risk

F. Thorsager Holding ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 7 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 -4,062 and a net result of DKK -5,840. CEO: Flemming Thorsager.

Bankruptcy risk for F. Thorsager Holding ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
Annual reports filed late3+ · 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
39919583
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Drejergårdsvej 16
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-12,693.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -5,842DKK -6,609DKK -5,456
Net profitDKK -5,840DKK -6,586DKK -5,449
EquityDKK -4,062DKK 1,778DKK 8,364
Total assetsDKK 32DKK 5,716DKK 12k
CashDKK 0DKK 5,684–
Short-term debtDKK 4,094DKK 3,938–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023189 Late
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021105
1 Jan 2020 – 31 Dec 2020139
3 Oct 2018 – 31 Dec 2019259 Late

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
CEOFlemming ThorsagerCurrent
Owner (100%)Flemming ThorsagerCurrent
FounderFlemming ThorsagerCurrent

Address history (0 moves)

Drejergårdsvej 16, 8600 Silkeborg

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Questions and answers about F. Thorsager Holding ApS

Has F. Thorsager Holding ApS gone bankrupt?

No, F. Thorsager Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of F. Thorsager Holding ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of F. Thorsager Holding ApS?

Flemming Thorsager is the CEO of F. Thorsager Holding ApS.

When was F. Thorsager Holding ApS founded?

F. Thorsager Holding ApS was founded on 3 October 2018.

What is the equity of F. Thorsager Holding ApS?

Equity was DKK -4,062 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.