Twin-Tech ApS

CVR 40334939 · Private limited company (ApS) · Active · Low risk

Twin-Tech ApS is a Private limited company (ApS), founded on , based in Vildbjerg. The company is registered in the industry installation af industrimaskiner og -udstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.2m and a net result of DKK 514k. CEO: Jan Skytte Vagner Paakjær, Peter Møller Nielsen.

Bankruptcy risk for Twin-Tech ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40334939
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Åbjergparken 38
7480 Vildbjerg
Municipality
Herning
Industry
Installation af industrimaskiner og -udstyr (332000)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 50k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio50.5%
Current ratio180%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.8mDKK 3.7m
Net profitDKK 514kDKK 445k
EquityDKK 1.2mDKK 1.1m
Total assetsDKK 2.3mDKK 2.2m
CashDKK 674k–
Short-term debtDKK 1.1m–
Tax owedDKK 91k–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025163
1 Jul 2023 – 30 Jun 2024120
1 Jul 2022 – 30 Jun 2023136
1 Jul 2021 – 30 Jun 2022131
1 Jul 2020 – 30 Jun 2021118
8 Mar 2019 – 30 Jun 2020133

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
CEOJan Skytte Vagner PaakjærCurrent
CEOPeter Møller NielsenCurrent
Owner (50%)Paakjær Holding ApSCurrent
Owner (50%)Peter Agger Holding ApSCurrent
FounderPaakjær Holding ApSCurrent
FounderPeter Agger Holding ApSCurrent

Address history (2 moves)

Åbjergparken 38, 7480 Vildbjerg
Sinding Hovedgade 20H, 7400 Herning
Ågårdsvej 109, 7480 Vildbjerg

Other companies at the same address

Similar companies in Herning

Questions and answers about Twin-Tech ApS

Has Twin-Tech ApS gone bankrupt?

No, Twin-Tech ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Twin-Tech 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 Twin-Tech ApS?

Jan Skytte Vagner Paakjær, Peter Møller Nielsen are the CEOs of Twin-Tech ApS.

Who is the auditor of Twin-Tech ApS?

Twin-Tech ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Twin-Tech ApS founded?

Twin-Tech ApS was founded on 8 March 2019.

What is the equity of Twin-Tech ApS?

Equity was DKK 1.2m 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.