Virthue ApS

CVR 40453881 · Private limited company (ApS) · Active · Low risk

Virthue ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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 8.2m and a net result of DKK 8.1m.

Bankruptcy risk for Virthue ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)2 · 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
40453881
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Skovagervej 193
8680 Ry
Municipality
Skanderborg
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio76.1%
Current ratio418%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 11.6mDKK 1.8mDKK 2.8m
Net profitDKK 8.1mDKK -14kDKK 911k
EquityDKK 8.2mDKK 157kDKK 1.2m
Total assetsDKK 10.8mDKK 2.4mDKK 3.2m
CashDKK 2.7mDKK 842k–
Short-term debtDKK 2.6mDKK 2.2m–
Avg. employees111–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 202472
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 202237
1 Jan 2021 – 31 Dec 202173
1 Jan 2020 – 31 Dec 202097
15 Apr 2019 – 31 Dec 2019116

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
CEOThue Birk Svenningsen
BoardLars Bundgaard Larsen
BoardThue Birk Svenningsen
BoardHelle Bergstrøm
BoardMichael Lyder Andersen
BoardThue Birk Svenningsen
Owner (100%)TBS Holding Company ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderTBS Holding Company ApSCurrent

The CEOs' other companies

Thue Birk Svenningsen – 4 other companies

Address history (4 moves)

Skovagervej 193, 8680 Ry
Rugaardsvej 5, st., 8680 Ry
c/o Ry Væksthus, Studio 2, Ellemosen 3, 8680 Ry
c/o Studio 3, Spinderigade 24, 7100 Vejle
Stenagervænget 39, 7100 Vejle

Former names

Virthue ApS – now
TBS Capital ApS –
Investeringsselskabet af 15. april 2019 ApS –
Sustainable Business Solutions ApS –

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Virthue ApS

Has Virthue ApS gone bankrupt?

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

What is the bankruptcy risk of Virthue 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 auditor of Virthue ApS?

Virthue ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Virthue ApS founded?

Virthue ApS was founded on 15 April 2019.

What is the equity of Virthue ApS?

Equity was DKK 8.2m 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.