TWH Holding ApS

CVR 40917128 · Private limited company (ApS) · Active · Low risk

TWH Holding ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry billedkunstnerisk skaben. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 304k and a net result of DKK 138k. CEO: Tobias Winsløv Hertz.

Bankruptcy risk for TWH Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
40917128
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Johannevej 43
5000 Odense C
Municipality
Odense
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio54.6%
Current ratio90%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 704kDKK 524k
Net profitDKK 138kDKK 39k
EquityDKK 304kDKK 166k
Total assetsDKK 557kDKK 253k
CashDKK 222k–
Short-term debtDKK 252k–
Tax owedDKK 11k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025101
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023157
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021164
1 Nov 2019 – 31 Dec 2020193 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
CEOTobias Winsløv HertzCurrent
Owner (50%)Tobias Winsløv HertzCurrent
Owner (50%)Gerd Maria HertzCurrent
FounderTobias Winsløv HertzCurrent

The CEOs' other companies

Tobias Winsløv Hertz – 1 other companies

Address history (1 moves)

Johannevej 43, 5000 Odense C
Johannevej 43, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about TWH Holding ApS

Has TWH Holding ApS gone bankrupt?

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

What is the bankruptcy risk of TWH Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TWH Holding ApS?

Tobias Winsløv Hertz is the CEO of TWH Holding ApS.

When was TWH Holding ApS founded?

TWH Holding ApS was founded on 1 November 2019.

What is the equity of TWH Holding ApS?

Equity was DKK 304k 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.