TH & FN Holding ApS

CVR 40713387 · Private limited company (ApS) · Active · Medium risk

TH & FN Holding ApS is a Private limited company (ApS), founded on , based in Ulstrup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -219k and a net result of DKK -50k. CEO: Thomas Peter Wad Hauberg, Freddy Jørgen Nielsen.

Bankruptcy risk for TH & FN Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
40713387
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Sofienlundparken 45
8860 Ulstrup
Municipality
Favrskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-447.8%
Current ratio18%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies5
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8,676DKK -11k
Net profitDKK -50kDKK -15k
EquityDKK -219kDKK -169k
Total assetsDKK 49kDKK 84k
CashDKK 748–
Short-term debtDKK 267k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025139
1 Oct 2023 – 30 Sep 2024161
1 Oct 2022 – 30 Sep 2023199 Late
1 Oct 2021 – 30 Sep 2022214 Late
1 Oct 2020 – 30 Sep 2021159
14 Aug 2019 – 30 Sep 2020168

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 Peter Wad HaubergCurrent
CEOFreddy Jørgen NielsenCurrent
Owner (50%)Thomas Peter Wad HaubergCurrent
Owner (50%)Freddy Jørgen NielsenCurrent
FounderThomas Peter Wad HaubergCurrent
FounderFreddy Jørgen NielsenCurrent

The CEOs' other companies

Thomas Peter Wad Hauberg – 7 other companies, of which 5 bankrupt

Freddy Jørgen Nielsen – 6 other companies, of which 4 bankrupt

Address history (0 moves)

Sofienlundparken 45, 8860 Ulstrup

Other companies at the same address

Similar companies in Favrskov

Questions and answers about TH & FN Holding ApS

Has TH & FN Holding ApS gone bankrupt?

No, TH & FN Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TH & FN Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TH & FN Holding ApS?

Thomas Peter Wad Hauberg, Freddy Jørgen Nielsen are the CEOs of TH & FN Holding ApS.

Who is the auditor of TH & FN Holding ApS?

TH & FN Holding ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was TH & FN Holding ApS founded?

TH & FN Holding ApS was founded on 14 August 2019.

What is the equity of TH & FN Holding ApS?

Equity was DKK -219k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.