Thysalt ApS

CVR 40819037 · Private limited company (ApS) · Active · Low risk

Thysalt ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry saltindvinding. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3,804 and a net result of DKK 12. CEO: Morten Yde Kirk.

Bankruptcy risk for Thysalt ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
40819037
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Morten Yde Kirk, Tovsgårdvej 5
7700 Thisted
Municipality
Thisted
Industry
Saltindvinding (089300)
Bankruptcies in the industry: Grus- og sandgravning: indvinding af ler og kaolin
Share capital
DKK 57k
Auditor
Fjordland
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio4.4%
Current ratio105%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3,743DKK -3,273DKK -2,688
Net profitDKK 12DKK -4,546DKK -3,593
EquityDKK 3,804DKK 3,792DKK 8,338
Total assetsDKK 87kDKK 59kDKK 44k
CashDKK 1,508DKK 4,343–
Short-term debtDKK 83kDKK 55k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021161
27 Sep 2019 – 31 Dec 2020175

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
CEOMorten Yde KirkCurrent
Owner (67%)Kirk Group ApSCurrent
Owner (25%)Mikkel Krogh SørensenCurrent
Owner (15%)Mikkel Krogh Sørensen
Owner (15%)Jeppe Berggreen Pilgaard
FounderKirk Group ApSCurrent

The CEOs' other companies

Morten Yde Kirk – 6 other companies

Address history (0 moves)

c/o Morten Yde Kirk, Tovsgårdvej 5, 7700 Thisted

Other companies at the same address

Questions and answers about Thysalt ApS

Has Thysalt ApS gone bankrupt?

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

What is the bankruptcy risk of Thysalt ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Thysalt ApS?

Morten Yde Kirk is the CEO of Thysalt ApS.

Who is the auditor of Thysalt ApS?

Thysalt ApS most recently used Fjordland.

When was Thysalt ApS founded?

Thysalt ApS was founded on 27 September 2019.

What is the equity of Thysalt ApS?

Equity was DKK 3,804 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.