Timber & Forestry ApS

CVR 40238735 · Private limited company (ApS) · Dissolved after bankruptcy

Timber & Forestry ApS is a Private limited company (ApS), founded on , based in Aabenraa. The company is registered in the industry engroshandel med træ, trælast og byggematerialer. Timber & Forestry ApS went bankrupt on – 3.9 years after it was founded. 3 annual reports have been published. The latest annual report (31 Dec 2020) shows equity of DKK 3.3m and a net result of DKK 2.0m.

Bankruptcy

Bankruptcy date
Status
Dissolved after bankruptcy
Age at bankruptcy
3.9 years

Company details

CVR number
40238735
Status
Dissolved after bankruptcy
Company type
Private limited company (ApS)
Founded
Ceased
Address
Flensborgvej 185B
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med træ, trælast og byggematerialer (467310)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio42.8%
Current ratio89%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20202019
Gross profitDKK 4.4mDKK 2.3m
Net profitDKK 2.0mDKK 1.3m
EquityDKK 3.3mDKK 1.3m
Total assetsDKK 7.7mDKK 4.6m
CashDKK 442k–
Short-term debtDKK 1.9m–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020110 Restated
6 Feb 2019 – 31 Dec 2019119

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
CEOPalle Thorsen
Owner (100%)Palle Thorsen
AuditorREVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB
FounderPalle Thorsen

Address history (2 moves)

Flensborgvej 185B, 6200 Aabenraa
Flensborgvej 185B, 6200 Aabenraa
Næstmark 30, 6200 Aabenraa

Former names

Timber & Forestry ApS –
Timber & Forestry IVS –

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Timber & Forestry ApS

Has Timber & Forestry ApS gone bankrupt?

Yes. Timber & Forestry ApS went bankrupt on 13 December 2022.

When was Timber & Forestry ApS founded?

Timber & Forestry ApS was founded on 6 February 2019.

What is the equity of Timber & Forestry ApS?

Equity was DKK 3.3m according to the annual report for the period ending 31 December 2020.

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