Timringvej 5 ApS

CVR 39963019 · Private limited company (ApS) · Active · Low risk

Timringvej 5 ApS is a Private limited company (ApS), founded on , based in Videbæk. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 3.4m and a net result of DKK 97k. CEO: Michael Møller Elmholt.

Bankruptcy risk for Timringvej 5 ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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 since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
39963019
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Timringvej 5
6920 Videbæk
Municipality
Ringkøbing-Skjern
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 50k
Auditor
ANKER HØSTregistreret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio15.0%
Current ratio10%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 712k
Net profitDKK 97kDKK -251k
EquityDKK 3.4mDKK 3.3m
Total assetsDKK 22.4mDKK 19.1m
CashDKK 357k–
Short-term debtDKK 4.3m–
Tax owedDKK 80k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ANKER HØSTregistreret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025170
1 May 2023 – 30 Apr 2024183
1 May 2022 – 30 Apr 2023191 Late
1 May 2021 – 30 Apr 2022150
1 May 2020 – 30 Apr 2021157
1 May 2019 – 30 Apr 2020158
22 Oct 2018 – 30 Apr 2019154

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
CEOMichael Møller ElmholtCurrent
Owner (100%)M. ELMHOLT ApSCurrent
FounderM. ELMHOLT ApSCurrent

The CEOs' other companies

Michael Møller Elmholt – 4 other companies

Address history (1 moves)

Timringvej 5, 6920 Videbæk
Teglvænget 137, 7400 Herning

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Timringvej 5 ApS

Has Timringvej 5 ApS gone bankrupt?

No, Timringvej 5 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Timringvej 5 ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Timringvej 5 ApS?

Michael Møller Elmholt is the CEO of Timringvej 5 ApS.

Who is the auditor of Timringvej 5 ApS?

Timringvej 5 ApS most recently used ANKER HØSTregistreret revisionsaktieselskab.

When was Timringvej 5 ApS founded?

Timringvej 5 ApS was founded on 22 October 2018.

What is the equity of Timringvej 5 ApS?

Equity was DKK 3.4m according to the annual report for the period ending 30 April 2025.

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