Terrazzo Danmark ApS

CVR 42207403 · Private limited company (ApS) · Active · Medium risk

Terrazzo Danmark ApS is a Private limited company (ApS), founded on , based in Veksø Sjælland. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -215k and a net result of DKK 571k. CEO: Toke Langelund Winther-Baaring.

Bankruptcy risk for Terrazzo Danmark ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
42207403
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Poppelvej 1
3670 Veksø Sjælland
Municipality
Egedal
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-20.4%
Current ratio72%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 924kDKK 1.3m
Net profitDKK 571kDKK -1.2m
EquityDKK -215kDKK -787k
Total assetsDKK 1.1mDKK 666k
CashDKK 58k–
Short-term debtDKK 1.3m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022186 Late
11 Mar 2021 – 31 Dec 2021167

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
CEOToke Langelund Winther-BaaringCurrent
CEOJon Eiter Krogh
CEOKirsten Anika Krogh
Owner (100%)R37hink invest ApSCurrent
FounderR37hink invest ApSCurrent

The CEOs' other companies

Toke Langelund Winther-Baaring – 1 other companies

Jon Eiter Krogh – 4 other companies

Kirsten Anika Krogh – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Poppelvej 1, 3670 Veksø Sjælland
Hvedstrupvej 38, 4000 Roskilde

Other companies at the same address

Similar companies in Egedal

Questions and answers about Terrazzo Danmark ApS

Has Terrazzo Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Terrazzo Danmark ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Terrazzo Danmark ApS?

Toke Langelund Winther-Baaring is the CEO of Terrazzo Danmark ApS.

When was Terrazzo Danmark ApS founded?

Terrazzo Danmark ApS was founded on 11 March 2021.

What is the equity of Terrazzo Danmark ApS?

Equity was DKK -215k 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.