The Thermal ApS
CVR 41702672 · Private limited company (ApS) · Active · Low risk
The Thermal ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 0.2% 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 410k and a net result of DKK -140k. CEO: Paul Karkov Muldowney.
Bankruptcy risk for The Thermal ApS
0.1 × the average (1.41%) · higher risk than 44% 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
- 41702672
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- c/o The Union Kitchen, Store Strandstræde 21, st.
1255 København K - Municipality
- København
- Industry
- Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter - Share capital
- DKK 40k
- Auditor
- BUUS JENSEN I/S STATSAUTORISEREDE REVISORER
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 5 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 22.7% |
| Current ratio | 108% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 90 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 21k | DKK 831k |
| Net profit | DKK -140k | DKK 362k |
| Equity | DKK 410k | DKK 550k |
| Total assets | DKK 1.8m | DKK 2.6m |
| Cash | DKK 619k | – |
| Short-term debt | DKK 1.4m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · BUUS JENSEN, Statsautoriserede revisorer.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 90 | ||
| 1 Jan 2024 – 31 Dec 2024 | 167 | ||
| 1 Jan 2023 – 31 Dec 2023 | 144 | ||
| 1 Jan 2022 – 31 Dec 2022 | 153 | ||
| 22 Sep 2020 – 31 Dec 2021 | 171 |
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 | Paul Karkov Muldowney | Current | |
| Owner (100%) | THE LIQUID ApS | Current | |
| Auditor | BUUS JENSEN I/S STATSAUTORISEREDE REVISORER | Current | |
| Founder | THE LIQUID ApS | Current |
The CEOs' other companies
Paul Karkov Muldowney – 6 other companies
- THE FROZEN ApS Opløst
- THE LIQUID ApS Active
- THE SOLID ApS Active
- The Chilled ApS Active
- The Plasma ApS Active
- The Quantum ApS Active
Address history (0 moves)
| c/o The Union Kitchen, Store Strandstræde 21, st., 1255 København K |
Other companies at the same address
- A/S AF 19/9 1965 Bankrupt
- ACMP16 IVS Bankrupt
- AFVIKLINGSSELSKABET AF 26. AUGUST 1999 ApS Bankrupt
- B.W. COM A/S Bankrupt
- BACHSTOCK HOLDING ApS Bankrupt
- BW FINANS ApS Bankrupt
- DANICA ELECTRIC A/S Bankrupt
- DARADA IVS Bankrupt
- FEDOGO IVS Bankrupt
- GS 2018 IVS Bankrupt
- HDA 2025 ApS Bankrupt
- HDOP ApS Bankrupt
- HELDA IVS Bankrupt
- JA af 3. November ApS Bankrupt
- MASKINFABRIKKEN HARNI ApS Bankrupt
- MYRETUEN 2007 ApS Bankrupt
- NO. 8 MEDIA ApS Bankrupt
- NORTH ATLANTIC INNOVATION GROUP ApS Bankrupt
- O2 DANMARK ApS Bankrupt
- Othilia Living ApS Bankrupt
- SELSKABET AF 20.2.2000 A/S Bankrupt
- Selskabet af 23august 2018 ApS Bankrupt
- TEXT VISION A/S Bankrupt
- TUEN 2007 ApS Bankrupt
- VX 20.181 ApS Bankrupt
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Questions and answers about The Thermal ApS
Has The Thermal ApS gone bankrupt?
No, The Thermal ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of The Thermal ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of The Thermal ApS?
Paul Karkov Muldowney is the CEO of The Thermal ApS.
Who is the auditor of The Thermal ApS?
The Thermal ApS most recently used BUUS JENSEN I/S STATSAUTORISEREDE REVISORER.
When was The Thermal ApS founded?
The Thermal ApS was founded on 22 September 2020.
What is the equity of The Thermal ApS?
Equity was DKK 410k 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.