TW Byggeri ApS

CVR 40837302 · Private limited company (ApS) · Active · High risk

TW Byggeri ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -683k and a net result of DKK 478k.

Bankruptcy risk for TW Byggeri ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
40837302
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Vejlevej 13
8700 Horsens
Municipality
Horsens
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-87.3%
Current ratio49%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.4mDKK 2.2m
Net profitDKK 478kDKK -587k
EquityDKK -683kDKK -1.2m
Total assetsDKK 783kDKK 1.0m
CashDKK 351k–
Short-term debtDKK 1.5m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 2021160
3 Oct 2019 – 31 Dec 202054

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
CEOEdgars Vicinskis
BoardGatis Freimanis
BoardRebeka Mikelsone
Owner (100%)Reinis VilsonsCurrent
Owner (100%)Edgars Vicinskis
Owner (100%)Rebeka Mikelsone
FounderEdgars VicinskisCurrent

The CEOs' other companies

Edgars Vicinskis – 1 other companies, of which 1 bankrupt

Address history (3 moves)

Vejlevej 13, 8700 Horsens
Vejlevej 1, 8700 Horsens
Houstedgårdsvej 42, 7000 Fredericia
Nygade 62, 2. tv, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about TW Byggeri ApS

Has TW Byggeri ApS gone bankrupt?

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

What is the bankruptcy risk of TW Byggeri ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

When was TW Byggeri ApS founded?

TW Byggeri ApS was founded on 3 October 2019.

What is the equity of TW Byggeri ApS?

Equity was DKK -683k 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.