TE Development & Sales ApS

CVR 41325291 · Private limited company (ApS) · Active · Low risk

TE Development & Sales ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK -114k. CEO: Peter Hinnerup.

Bankruptcy risk for TE Development & Sales ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
41325291
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Akeq 25
3905 Nuussuaq
Municipality
Sermersooq
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 300k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio30.3%
Current ratio144%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10kDKK 588kDKK -21k
Net profitDKK -114kDKK 16kDKK -20k
EquityDKK 1.4mDKK 1.5mDKK 1.5m
Total assetsDKK 4.5mDKK 6.0mDKK 48.3m
CashDKK 258DKK 16k–
Short-term debtDKK 3.2mDKK 4.5m–
Tax owedDKK 0DKK 4,282–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025172
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023209 Late
1 Jan 2022 – 31 Dec 202256
1 Jan 2021 – 31 Dec 2021188 Late
25 Apr 2020 – 31 Dec 2020102

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
CEOPeter HinnerupCurrent
BoardMaren Sander GranlienCurrent
BoardHanne NyborgCurrent
BoardAnne-Line Kronborg DanielsenCurrent
Owner (33%)Maren Sander GranlienCurrent
Owner (33%)Hanne NyborgCurrent
Owner (33%)Peter HinnerupCurrent
FounderMaren Sander GranlienCurrent
FounderHanne NyborgCurrent
FounderPeter HinnerupCurrent

The CEOs' other companies

Peter Hinnerup – 3 other companies

Address history (0 moves)

Akeq 25, 3905 Nuussuaq

Former names

TE Development & Sales ApS – now
Iggia 6 ApS –

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about TE Development & Sales ApS

Has TE Development & Sales ApS gone bankrupt?

No, TE Development & Sales ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TE Development & Sales ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of TE Development & Sales ApS?

Peter Hinnerup is the CEO of TE Development & Sales ApS.

When was TE Development & Sales ApS founded?

TE Development & Sales ApS was founded on 25 April 2020.

What is the equity of TE Development & Sales 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.