T20 ApS

CVR 42260088 · Private limited company (ApS) · Active · Medium risk

T20 ApS is a Private limited company (ApS), founded on , based in Uummannaq. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 751k and a net result of DKK 308k. CEO: Inunnguaq Lange.

Bankruptcy risk for T20 ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42260088
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Illuigaq
3961 Uummannaq
Municipality
Avannaata
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Grønlands Revision, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio74.0%
Current ratio358%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.1mDKK 701k
Net profitDKK 308kDKK 218kDKK 96k
EquityDKK 751kDKK 443kDKK 225k
Total assetsDKK 1.0mDKK 692kDKK 355k
CashDKK 573kDKK 221k–
Short-term debtDKK 263kDKK 249k–
Tax owedDKK 102kDKK 106k–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025157
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023225 Late
1 Jan 2022 – 31 Dec 2022173
10 Mar 2021 – 31 Dec 2021221 Late

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
CEOInunnguaq LangeCurrent
BoardAnton OverballeCurrent
BoardInunnguaq LangeCurrent
Owner (50%)Anton OverballeCurrent
Owner (50%)Inunnguaq LangeCurrent
FounderAnton OverballeCurrent
FounderInunnguaq LangeCurrent

Address history (0 moves)

Illuigaq, 3961 Uummannaq

Former names

T20 ApS – now
T20 IVS –

Similar companies in Avannaata

Questions and answers about T20 ApS

Has T20 ApS gone bankrupt?

No, T20 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of T20 ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of T20 ApS?

Inunnguaq Lange is the CEO of T20 ApS.

Who is the auditor of T20 ApS?

T20 ApS most recently used Grønlands Revision, Godkendt Revisionspartnerselskab.

When was T20 ApS founded?

T20 ApS was founded on 10 March 2021.

What is the equity of T20 ApS?

Equity was DKK 751k 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.