Termansen Byg & Montage ApS

CVR 40540024 · Private limited company (ApS) · Active · Low risk

Termansen Byg & Montage ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 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 463k and a net result of DKK -337k.

Bankruptcy risk for Termansen Byg & Montage ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
40540024
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Troldhøj Alle 137
6800 Varde
Municipality
Varde
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Sædding Revision ApS
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityNo
Equity ratio62.6%
Current ratio174%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 110kDKK 576kDKK 663k
Net profitDKK -337kDKK 131kDKK -46k
EquityDKK 463kDKK 801kDKK 670k
Total assetsDKK 740kDKK 1.2mDKK 1.4m
CashDKK 36kDKK 14k–
Short-term debtDKK 277kDKK 372k–
Tax owedDKK 0DKK 79k–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022197 Late
1 Jan 2021 – 31 Dec 2021184 Late
1 Aug 2019 – 31 Dec 2020195 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
Owner (100%)Mads Termansen Holding ApSCurrent
Owner (100%)Mads Rørbæk Termansen
FounderMads Rørbæk TermansenCurrent

Address history (3 moves)

Troldhøj Alle 137, 6800 Varde
Storegade 58, 2. th, 6800 Varde
Skjoldsgade 9, 1., 6700 Esbjerg
Skolegade 11, 1., 6700 Esbjerg

Similar companies in Varde

Questions and answers about Termansen Byg & Montage ApS

Has Termansen Byg & Montage ApS gone bankrupt?

No, Termansen Byg & Montage ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Termansen Byg & Montage ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of Termansen Byg & Montage ApS?

Termansen Byg & Montage ApS most recently used Sædding Revision ApS.

When was Termansen Byg & Montage ApS founded?

Termansen Byg & Montage ApS was founded on 15 May 2019.

What is the equity of Termansen Byg & Montage ApS?

Equity was DKK 463k 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.