Toftegaard Group ApS

CVR 39945002 · Private limited company (ApS) · Active · Low risk

Toftegaard Group ApS is a Private limited company (ApS), founded on , based in Esbjerg V. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 7 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 276k and a net result of DKK 103k. CEO: Søren Mikkelsen.

Bankruptcy risk for Toftegaard Group ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
39945002
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Kokspangvej 63
6710 Esbjerg V
Municipality
Esbjerg
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 7
Missing annual reportNo
Negative equityNo
Equity ratio29.7%
Current ratio142%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 116kDKK 38k–
Net profitDKK 103kDKK 24kDKK -45k
EquityDKK 276kDKK 173kDKK 149k
Total assetsDKK 926kDKK 926kDKK 926k
Short-term debtDKK 651kDKK 753k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020181
15 Oct 2018 – 31 Dec 2019296 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
CEOSøren MikkelsenCurrent
CEOChristian Braa Mikkelsen
Owner (50%)HI-TECH HOLDING ApSCurrent
Owner (50%)HI-TECH HOLDING ApS
Owner (50%)C. B. Mikkelsen Holding Aps
FounderHI-TECH HOLDING ApSCurrent
FounderC. B. Mikkelsen Holding ApsCurrent

The CEOs' other companies

Søren Mikkelsen – 9 other companies, of which 3 bankrupt

Christian Braa Mikkelsen – 3 other companies

Address history (0 moves)

Kokspangvej 63, 6710 Esbjerg V

Employees per year

Number of employees at Toftegaard Group ApS per year112018: 12018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Toftegaard Group ApS

Has Toftegaard Group ApS gone bankrupt?

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

What is the bankruptcy risk of Toftegaard Group ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of Toftegaard Group ApS?

Søren Mikkelsen is the CEO of Toftegaard Group ApS.

When was Toftegaard Group ApS founded?

Toftegaard Group ApS was founded on 1 October 2018.

What is the equity of Toftegaard Group ApS?

Equity was DKK 276k 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.