Glarmester Kvist ApS

CVR 40450149 · Private limited company (ApS) · Active · Low risk

Glarmester Kvist ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry glarmesteraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 627k and a net result of DKK 550k. CEO: Thomas Birkelund Kvist.

Bankruptcy risk for Glarmester Kvist ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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 growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
40450149
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Østerhåbsvej 83D
8700 Horsens
Municipality
Horsens
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio38.1%
Current ratio163%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.9mDKK 2.0m
Net profitDKK 550kDKK 491k
EquityDKK 627kDKK 577k
Total assetsDKK 1.6mDKK 1.1m
CashDKK 670k–
Short-term debtDKK 1.0m–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022130
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 202098
8 Apr 2019 – 31 Dec 2019140

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
CEOThomas Birkelund KvistCurrent
Owner (100%)TB Kvist Holding ApSCurrent
FounderTB Kvist Holding ApSCurrent

The CEOs' other companies

Thomas Birkelund Kvist – 1 other companies

Address history (1 moves)

Østerhåbsvej 83D, 8700 Horsens
Svanes Torv 4, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about Glarmester Kvist ApS

Has Glarmester Kvist ApS gone bankrupt?

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

What is the bankruptcy risk of Glarmester Kvist ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Glarmester Kvist ApS?

Thomas Birkelund Kvist is the CEO of Glarmester Kvist ApS.

Who is the auditor of Glarmester Kvist ApS?

Glarmester Kvist ApS most recently used Roesgaard.

When was Glarmester Kvist ApS founded?

Glarmester Kvist ApS was founded on 8 April 2019.

What is the equity of Glarmester Kvist ApS?

Equity was DKK 627k 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.