TPA Capital ApS

CVR 41174390 · Private limited company (ApS) · Active · Very high risk

TPA Capital ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 5 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 -409k and a net result of DKK -38k.

Bankruptcy risk for TPA Capital ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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
41174390
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Nørregade 8
4100 Ringsted
Municipality
Ringsted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 100k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-266.3%
Current ratio39%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520252024
Gross profitDKK -30kDKK -105kDKK -77k
Net profitDKK -38kDKK -5.4mDKK -4.1m
EquityDKK -409kDKK -2.5mDKK -517k
Total assetsDKK 2.9mDKK 922kDKK 5.9m
CashDKK 61kDKK 101k–
Short-term debtDKK 312kDKK 976k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025198 Late
1 Jul 2023 – 30 Jun 2024172
1 Jul 2022 – 30 Jun 202391
1 Jul 2021 – 30 Jun 2022180
17 Feb 2020 – 30 Jun 2021148

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
CEORasmus Rønne
CEOMorten Louw Nielsen
BoardJacob MunkCurrent
BoardClaus Frisenberg PedersenCurrent
BoardMartin WoergaardCurrent
BoardHenrik Plougmand BærtelsenCurrent
BoardMorten Myrhøj KristensenCurrent
BoardMorten Louw Nielsen
BoardHenrik Plougmand Bærtelsen
Owner (50%)Kvarts Innovation ApSCurrent
Owner (25%)Myrhøj Security ApSCurrent
Owner (10%)Malpha Enterprise ApSCurrent
Owner (33%)Morten N Holding ApS
Owner (33%)Kvarts Innovation ApS
Owner (33%)R-one ApS
Owner (15%)Myrhøj Security ApS
Owner (5%)Malpha Enterprise ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorMBA STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderMorten N Holding ApSCurrent
FounderKvarts Innovation ApSCurrent
FounderR-one ApSCurrent

The CEOs' other companies

Rasmus Rønne – 2 other companies

Morten Louw Nielsen – 4 other companies

Address history (1 moves)

Nørregade 8, 4100 Ringsted
Mosedalsvej 11, 4180 Sorø

Former names

TPA Capital ApS – now
IPA Partners ApS –

Other companies at the same address

Similar companies in Ringsted

Questions and answers about TPA Capital ApS

Has TPA Capital ApS gone bankrupt?

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

What is the bankruptcy risk of TPA Capital ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the auditor of TPA Capital ApS?

TPA Capital ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was TPA Capital ApS founded?

TPA Capital ApS was founded on 17 February 2020.

What is the equity of TPA Capital ApS?

Equity was DKK -409k 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.