TE MONTAGE A/S

CVR 40619410 · Public limited company (A/S) · Active · Medium risk

TE MONTAGE A/S is a Public limited company (A/S), founded on , based in Svendborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -89k and a net result of DKK 266k. CEO: Torben Eriksen.

Bankruptcy risk for TE MONTAGE A/S

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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
40619410
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Bjernemarksvej 54
5700 Svendborg
Municipality
Svendborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 5.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-1.4%
Current ratio76%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 7.1mDKK 5.4mDKK 3.5m
Net profitDKK 266kDKK -329kDKK -1.0m
EquityDKK -89kDKK -356kDKK -27k
Total assetsDKK 6.5mDKK 6.7mDKK 5.1m
Short-term debtDKK 6.2mDKK 6.6m–
Avg. employees109–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020187 Late
27 Jun 2019 – 31 Dec 2019246 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
CEOTorben EriksenCurrent
BoardTorben EriksenCurrent
BoardMorten WalstedCurrent
BoardDaniel Joseph CurtinCurrent
BoardMartin Tholstrup
BoardPer Jensby-Lindegaard
BoardStig Wolffgang Jensen
BoardOle Hybel
BoardJosefine Brink Berthelsen Hjorth
BoardTorben Johannes Birch
BoardBirgitte Clausen
BoardBent Hansen
BoardBirgitte Clausen
Owner (5%)TE HOLDING HJØRRING ApSCurrent
Owner (90%)Taasinge Elementer A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTaasinge Elementer A/SCurrent

The CEOs' other companies

Torben Eriksen – 6 other companies, of which 1 bankrupt

Address history (0 moves)

Bjernemarksvej 54, 5700 Svendborg

Other companies at the same address

Similar companies in Svendborg

Questions and answers about TE MONTAGE A/S

Has TE MONTAGE A/S gone bankrupt?

No, TE MONTAGE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TE MONTAGE A/S?

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 CEO of TE MONTAGE A/S?

Torben Eriksen is the CEO of TE MONTAGE A/S.

Who is the auditor of TE MONTAGE A/S?

TE MONTAGE A/S most recently used EY Godkendt Revisionspartnerselskab.

When was TE MONTAGE A/S founded?

TE MONTAGE A/S was founded on 27 June 2019.

What is the equity of TE MONTAGE A/S?

Equity was DKK -89k 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.