True Food ApS

CVR 41676302 · Private limited company (ApS) · Active · Low risk

True Food ApS is a Private limited company (ApS), founded on , based in Tilst. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.1m and a net result of DKK 678k. CEO: Michael Guldin.

Bankruptcy risk for True Food ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
41676302
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Langhøjvej 1A, st.
8381 Tilst
Municipality
Aarhus
Industry
Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio62.8%
Current ratio243%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address55
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 10.2mDKK 10.3m
Net profitDKK 678kDKK 3.2mDKK 3.5m
EquityDKK 4.1mDKK 5.5mDKK 4.8m
Total assetsDKK 6.5mDKK 19.8mDKK 24.9m
CashDKK 2.5mDKK 2.5m–
Short-term debtDKK 2.4mDKK 14.3m–
Tax owedDKK 0DKK 696k–
Avg. employees53–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 202464
1 Jan 2023 – 31 Dec 202354
1 Jan 2022 – 31 Dec 202240
14 Sep 2020 – 31 Dec 202182

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
CEOMichael GuldinCurrent
BoardMichael GuldinCurrent
BoardPeter Ostenfeldt MadsenCurrent
BoardMalene DissingCurrent
BoardKristel Esther Kristine LundgrenCurrent
BoardKristel Esther Kristine Lundgren
BoardTorben Mejdahl Grevenkop-Castenskiold
Owner (20%)Dissing Living ApSCurrent
Owner (50%)MGA ApSCurrent
Owner (20%)CapoLegacy ApSCurrent
Owner (50%)Michael Guldin
Owner (20%)Peter Ostenfeldt Madsen
Owner (50%)Michael Guldin
AuditorRevisionshuset Tal & Tanker Statsautoriseret RevisionspartnerselskabCurrent
FounderMGA Food Spolka Z OgraniczonaCurrent

The CEOs' other companies

Michael Guldin – 7 other companies, of which 2 bankrupt

Address history (1 moves)

Langhøjvej 1A, st., 8381 Tilst
Langhøjvej 1D, st., 8381 Tilst

Other companies at the same address

Similar companies in Aarhus

Questions and answers about True Food ApS

Has True Food ApS gone bankrupt?

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

What is the bankruptcy risk of True Food 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 True Food ApS?

Michael Guldin is the CEO of True Food ApS.

Who is the auditor of True Food ApS?

True Food ApS most recently used Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab.

When was True Food ApS founded?

True Food ApS was founded on 14 September 2020.

What is the equity of True Food ApS?

Equity was DKK 4.1m 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.