TinyX ApS

CVR 41329653 · Private limited company (ApS) · Active · High risk

TinyX ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med andre nye varer. 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, 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 -373k and a net result of DKK -219k. CEO: Knud Boel Troelsen.

Bankruptcy risk for TinyX 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
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×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
41329653
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Gl. Skolevej 1
7400 Herning
Municipality
Herning
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-232.1%
Current ratio1%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies7
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -19kDKK -8,606
Net profitDKK -219kDKK -9,983
EquityDKK -373kDKK -154k
Total assetsDKK 161kDKK 362k
CashDKK 3,761–
Short-term debtDKK 534k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 202135
30 Apr 2020 – 31 Dec 2020182

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
CEOKnud Boel TroelsenCurrent
Owner (100%)Knud Boel TroelsenCurrent
FounderKnud Boel TroelsenCurrent

The CEOs' other companies

Knud Boel Troelsen – 47 other companies, of which 16 bankrupt

Address history (1 moves)

Gl. Skolevej 1, 7400 Herning
Engholm Søpark 7, 7400 Herning

Former names

TinyX ApS – now
Bolik ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about TinyX ApS

Has TinyX ApS gone bankrupt?

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

What is the bankruptcy risk of TinyX 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.

Who is the CEO of TinyX ApS?

Knud Boel Troelsen is the CEO of TinyX ApS.

Who is the auditor of TinyX ApS?

TinyX ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TinyX ApS founded?

TinyX ApS was founded on 30 April 2020.

What is the equity of TinyX ApS?

Equity was DKK -373k 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.