Thisgaard Trading ApS

CVR 39952297 · Private limited company (ApS) · Active · Low risk

Thisgaard Trading ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 Mar 2026) shows equity of DKK 5.3m and a net result of DKK 68k. CEO: Martin Thisgaard Olesen.

Bankruptcy risk for Thisgaard Trading ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
39952297
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Herborgvej 18
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio76.8%
Current ratio431%
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 year202620252024
Gross profitDKK 534kDKK 889kDKK 927k
Net profitDKK 68kDKK 51kDKK 147k
EquityDKK 5.3mDKK 5.3mDKK 5.2m
Total assetsDKK 6.9mDKK 6.2mDKK 8.6m
Short-term debtDKK 1.6mDKK 950k–
Avg. employees–2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026182
1 Apr 2024 – 31 Mar 2025188 Late
1 Apr 2023 – 31 Mar 2024191 Late
1 Apr 2022 – 31 Mar 202391
1 Apr 2021 – 31 Mar 202230
1 Apr 2020 – 31 Mar 2021189 Late
16 Oct 2018 – 31 Mar 2020134

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
CEOMartin Thisgaard OlesenCurrent
Owner (100%)Martin Thisgaard OlesenCurrent
FounderMartin Thisgaard OlesenCurrent

Address history (1 moves)

Herborgvej 18, 6900 Skjern
Ejstrupvej 6, 6920 Videbæk

Similar companies in Ringkøbing-Skjern

Questions and answers about Thisgaard Trading ApS

Has Thisgaard Trading ApS gone bankrupt?

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

What is the bankruptcy risk of Thisgaard Trading ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Thisgaard Trading ApS?

Martin Thisgaard Olesen is the CEO of Thisgaard Trading ApS.

When was Thisgaard Trading ApS founded?

Thisgaard Trading ApS was founded on 16 October 2018.

What is the equity of Thisgaard Trading ApS?

Equity was DKK 5.3m 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.