Torp Development ApS
CVR 40379541 · Private limited company (ApS) · Active · Low risk
Torp Development ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry gennemførelse af byggeprojekter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 2.9m and a net result of DKK -181k. CEO: Michael Mørch.
Bankruptcy risk for Torp Development ApS
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
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
- 40379541
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Issortarfimmut
3905 Nuussuaq - Municipality
- Sermersooq
- Industry
- Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 50k
- Auditor
- Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 89.0% |
| Current ratio | 890% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 670k | DKK 2.9m | DKK 2.7m |
| Net profit | DKK -181k | DKK 1.2m | DKK 1.0m |
| Equity | DKK 2.9m | DKK 3.1m | DKK 1.9m |
| Total assets | DKK 3.3m | DKK 4.1m | DKK 2.7m |
| Cash | DKK 994k | DKK 2.8m | – |
| Short-term debt | DKK 362k | DKK 1.0m | – |
| Tax owed | DKK 0 | DKK 426k | – |
| Avg. employees | 1 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 162 | ||
| 1 Jan 2024 – 31 Dec 2024 | 139 | ||
| 1 Jan 2023 – 31 Dec 2023 | 75 | ||
| 1 Jan 2022 – 31 Dec 2022 | 136 | ||
| 1 Jan 2021 – 31 Dec 2021 | 151 | ||
| 1 Jan 2020 – 31 Dec 2020 | 105 | ||
| 25 Mar 2019 – 31 Dec 2019 | 134 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Mørch | Current | |
| CEO | Brian Torp | ||
| Board | Brian Torp | Current | |
| Owner (5%) | Michael Mørch | Current | |
| Owner (90%) | Torp Holding 2022 ApS | Current | |
| Owner (100%) | Brian Torp | ||
| Auditor | Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed | Current | |
| Founder | Brian Torp | Current |
The CEOs' other companies
Michael Mørch – 1 other companies
- Verkís Grønland ApS Active
Brian Torp – 27 other companies, of which 5 bankrupt
- BOGO - BYG OG ENTREPRISE ApS Bankrupt 28 Jul 2009
- Datoselskabet SF af december 2025 ApS Bankrupt 10 Dec 2025
- NUUK HANDELS- & ERHVERVSSERVICE ApS Bankrupt 10 Dec 2015
- NUUK NET CAFE ApS Bankrupt 21 Feb 2005
- Selskabet af 241021 ApS Bankrupt 16 Jan 2025
- Basik ApS Compulsorily dissolved
- Bogholderiet.gl ApS Active
- CB Bidco ApS Active
- COM INVEST GRØNLAND ApS Compulsorily dissolved
- COMBY A/S Active
- COMBY GREENLAND A/S Active
- Cavida A/S Active
- Comby Denmark A/S Active
- Comby Docs A/S Active
- Comby Ejendomme ApS Active
- Comby Ejendomme Greenland ApS Active
- G.O. AF 01.10.2006 ApS Active
- HOST CENTER GRØNLAND A/S Fusioneret
- HOTEL MARINA ApS Compulsorily dissolved
- INIBYG ApS Active
- Itento ApS Active
- NUUK SKY NET ApS Fusioneret
- SERMIT A/S Fusioneret
- SIGNAfilm Holding ApS Active
- Torp Capital Group ApS Active
- Torp Holding 2022 ApS Active
- Torp, Collin & Boel ApS Active
Address history (0 moves)
| Issortarfimmut, 3905 Nuussuaq |
Former names
| Torp Development ApS | – now |
| Torp Development IVS | – |
Other companies at the same address
- Speedrecruiters.gl ApS Opløst
- VIKTECH GREENLAND ApS Active
Similar companies in Sermersooq
- Umiivik Aps Nuussuaq
- HNMA ApS Nuussuaq
- Inissat ApS Nuussuaq
- Inissitat ApS Nuussuaq
- NUUK CITY INVEST ApS Nuuk
- Capital Estate Development ApS Nuussuaq
- EJENDOMSAKTIESELSKABET ILLUUT Nuuk
- Bygmester ApS Nuuk
- Siorarsiorfik - Nuuk City Development A/S Nuuk
- AL-Byg Nuuk ApS Nuuk
Questions and answers about Torp Development ApS
Has Torp Development ApS gone bankrupt?
No, Torp Development ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Torp Development 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 Torp Development ApS?
Michael Mørch is the CEO of Torp Development ApS.
Who is the auditor of Torp Development ApS?
Torp Development ApS most recently used Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.
When was Torp Development ApS founded?
Torp Development ApS was founded on 25 March 2019.
What is the equity of Torp Development ApS?
Equity was DKK 2.9m according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.