Thorn Byudvikling ApS
CVR 40942335 · Private limited company (ApS) · Active · Low risk
Thorn Byudvikling ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.4m and a net result of DKK -424k. CEO: Matias Juul Thorn.
Bankruptcy risk for Thorn Byudvikling ApS
0.1 × the average (1.41%) · higher risk than 38% of active Danish companies
Increases the risk
Reduces the risk
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
- 40942335
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- c/o Matias Thorn, Herluf Trolles Gade 5
8200 Aarhus N - Municipality
- Aarhus
- Industry
- Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 40k
- Auditor
- REVISIONSKONTORET AF 2004 ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 6 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -30.7% |
| Current ratio | 1% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 0 | DKK -49k | DKK 250k |
| Net profit | DKK -424k | DKK -432k | DKK -341k |
| Equity | DKK -1.4m | DKK -969k | DKK -537k |
| Total assets | DKK 4.5m | DKK 560k | DKK 299k |
| Cash | DKK 20k | DKK 273k | – |
| Short-term debt | DKK 5.9m | DKK 1.5m | – |
| Tax owed | DKK 110 | – | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSKONTORET AF 2004 ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 22 | ||
| 1 Jan 2024 – 31 Dec 2024 | 49 | ||
| 1 Jan 2023 – 31 Dec 2023 | 40 | ||
| 1 Jan 2022 – 31 Dec 2022 | 116 | ||
| 1 Jan 2021 – 31 Dec 2021 | 98 | ||
| 19 Nov 2019 – 31 Dec 2020 | 73 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Matias Juul Thorn | Current | |
| Owner (100%) | Matias Juul Thorn | Current | |
| Owner (100%) | MATIAS HOLDING ApS | Current | |
| Founder | MATIAS HOLDING ApS | Current |
The CEOs' other companies
Matias Juul Thorn – 11 other companies
- ApS AF 01.01.03 HOLDING Fusioneret
- Bo Godt Byg aps Active
- Bæredygtig Byudvikling ApS Active
- CUVAS Net Systems ApS Active
- Haslehus 2 ApS Fusioneret
- MATIAS HOLDING ApS Active
- Matias Holding 2026 ApS Active
- Solbrinken ApS Active
- Sugar Beet ApS Active
- Under Bøgen ApS Active
- trøjborgvej 80 aps Opløst
Address history (1 moves)
| c/o Matias Thorn, Herluf Trolles Gade 5, 8200 Aarhus N | |
| Kirkegårdsvej 12, 8000 Aarhus C |
Other companies at the same address
- Matias Holding 2026 ApS Active
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Questions and answers about Thorn Byudvikling ApS
Has Thorn Byudvikling ApS gone bankrupt?
No, Thorn Byudvikling ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Thorn Byudvikling ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of Thorn Byudvikling ApS?
Matias Juul Thorn is the CEO of Thorn Byudvikling ApS.
Who is the auditor of Thorn Byudvikling ApS?
Thorn Byudvikling ApS most recently used REVISIONSKONTORET AF 2004 ApS.
When was Thorn Byudvikling ApS founded?
Thorn Byudvikling ApS was founded on 19 November 2019.
What is the equity of Thorn Byudvikling ApS?
Equity was DKK -1.4m 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.