TP Development ApS

CVR 40198903 · Private limited company (ApS) · Active · Low risk

TP Development ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 0.0% 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 Jun 2025) shows equity of DKK 5.0m and a net result of DKK 1.5m. CEO: Peter Callsen, August Emil Callsen.

Bankruptcy risk for TP Development ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
40198903
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o E. Callsen & Co. A/S, Strandvejen 102B, 5. th
2900 Hellerup
Municipality
Gentofte
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
MunkStrunge Statsautoriserede Revisorer I/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio217%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address182
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.9mDKK 2.1m
Net profitDKK 1.5mDKK 1.3m
EquityDKK 5.0mDKK 3.5m
Total assetsDKK 9.2mDKK 6.8m
CashDKK 7.5m–
Short-term debtDKK 4.2m–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025180
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022158
1 Jul 2020 – 30 Jun 2021149
1 Jul 2019 – 30 Jun 2020153
24 Jan 2019 – 30 Jun 2019200 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
CEOPeter CallsenCurrent
CEOAugust Emil CallsenCurrent
Owner (100%)COSY GROUP HOLDING ApSCurrent
AuditorMunkStrunge Statsautoriserede Revisorer I/SCurrent
FounderCOSY GROUP HOLDING ApSCurrent

The CEOs' other companies

Peter Callsen – 9 other companies, of which 1 bankrupt

August Emil Callsen – 3 other companies

Address history (1 moves)

c/o E. Callsen & Co. A/S, Strandvejen 102B, 5. th, 2900 Hellerup
c/o E. Callsen & Co. A/S, Strandvejen 130, 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about TP Development ApS

Has TP Development ApS gone bankrupt?

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

What is the bankruptcy risk of TP Development ApS?

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

Who is the CEO of TP Development ApS?

Peter Callsen, August Emil Callsen are the CEOs of TP Development ApS.

Who is the auditor of TP Development ApS?

TP Development ApS most recently used MunkStrunge Statsautoriserede Revisorer I/S.

When was TP Development ApS founded?

TP Development ApS was founded on 24 January 2019.

What is the equity of TP Development ApS?

Equity was DKK 5.0m according to the annual report for the period ending 30 June 2025.

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