SK Timber ApS

CVR 40438432 · Private limited company (ApS) · Active · Low risk

SK Timber ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry ikke-finansielle holdingselskaber. 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 2.4m and a net result of DKK 460k. CEO: Sune Erik Kjeldsen.

Bankruptcy risk for SK Timber ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
40438432
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Tvebjergvej 4
9600 Aars
Municipality
Vesthimmerlands
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio58.5%
Current ratio67%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -18kDKK -15k
Net profitDKK 460kDKK 226k
EquityDKK 2.4mDKK 2.6m
Total assetsDKK 4.1mDKK 4.8m
CashDKK 300k–
Short-term debtDKK 450k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202587
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 202384
1 Jan 2022 – 31 Dec 2022108
1 Jan 2021 – 31 Dec 2021116
1 Jan 2020 – 31 Dec 202091
29 Mar 2019 – 31 Dec 2019133

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
CEOSune Erik KjeldsenCurrent
Owner (100%)Sune Erik KjeldsenCurrent
FounderSune Erik KjeldsenCurrent

The CEOs' other companies

Sune Erik Kjeldsen – 2 other companies

Address history (1 moves)

Tvebjergvej 4, 9600 Aars
Stenildhøjdalen 35, 9600 Aars

Similar companies in Vesthimmerlands

Questions and answers about SK Timber ApS

Has SK Timber ApS gone bankrupt?

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

What is the bankruptcy risk of SK Timber 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 SK Timber ApS?

Sune Erik Kjeldsen is the CEO of SK Timber ApS.

Who is the auditor of SK Timber ApS?

SK Timber ApS most recently used Beierholm.

When was SK Timber ApS founded?

SK Timber ApS was founded on 29 March 2019.

What is the equity of SK Timber ApS?

Equity was DKK 2.4m 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.