TK GROUP OF COMPANIES ApS

CVR 40519408 · Private limited company (ApS) · Active · Medium risk

TK GROUP OF COMPANIES ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 7 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 54k and a net result of DKK -57k.

Bankruptcy risk for TK GROUP OF COMPANIES ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
40519408
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Østerbrogade 1
7200 Grindsted
Municipality
Billund
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityNo
Equity ratio5.3%
Current ratio106%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -57kDKK 190kDKK -160k
EquityDKK 54kDKK 111kDKK -80k
Total assetsDKK 1.0mDKK 1.0mDKK 725k
CashDKK 1DKK 6,527–
Short-term debtDKK 952kDKK 904k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022220 Late
1 Jan 2021 – 31 Dec 2021217 Late
1 Jan 2020 – 31 Dec 2020216 Late
13 May 2019 – 31 Dec 2019240 Late

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
CEOThilaxsan Kugendiran
Owner (100%)Thilaxsan KugendiranCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderThilaxsan KugendiranCurrent

The CEOs' other companies

Thilaxsan Kugendiran – 5 other companies, of which 2 bankrupt

Address history (2 moves)

Østerbrogade 1, 7200 Grindsted
Baldersvej 2, 7200 Grindsted
Bernhardt Jensens Boulevard 95, st. 6, 8000 Aarhus C

Other companies at the same address

Similar companies in Billund

Questions and answers about TK GROUP OF COMPANIES ApS

Has TK GROUP OF COMPANIES ApS gone bankrupt?

No, TK GROUP OF COMPANIES ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TK GROUP OF COMPANIES ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the auditor of TK GROUP OF COMPANIES ApS?

TK GROUP OF COMPANIES ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TK GROUP OF COMPANIES ApS founded?

TK GROUP OF COMPANIES ApS was founded on 13 May 2019.

What is the equity of TK GROUP OF COMPANIES ApS?

Equity was DKK 54k 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.