ToftSimonsen ApS

CVR 42345377 · Private limited company (ApS) · Active · Very high risk

ToftSimonsen ApS is a Private limited company (ApS), founded on , based in Vodskov. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 125k and a net result of DKK -3,939. CEO: Dorte Toft, Mikael Kristiansen Simonsen.

Bankruptcy risk for ToftSimonsen ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
42345377
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Dorte Toft, Vodskov Kirkevej 29
9310 Vodskov
Municipality
Aalborg
Industry
Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio40.3%
Current ratio162%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -3,134DKK 89kDKK 1,969
Net profitDKK -3,939DKK 68kDKK -2,068
EquityDKK 125kDKK 130kDKK 62k
Total assetsDKK 309kDKK 305kDKK 183k
CashDKK 2,718DKK 6,848–
Short-term debtDKK 184kDKK 175k–
Tax owedDKK 506DKK 20k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202528
1 Jan 2024 – 31 Dec 202450
1 Jan 2023 – 31 Dec 20238
1 Jan 2022 – 31 Dec 2022161
28 Apr 2021 – 31 Dec 202123

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
CEODorte ToftCurrent
CEOMikael Kristiansen SimonsenCurrent
Owner (100%)ToftSimonsen Holding ApSCurrent
FounderToftSimonsen Holding ApSCurrent

The CEOs' other companies

Dorte Toft – 1 other companies

Mikael Kristiansen Simonsen – 10 other companies

Address history (2 moves)

c/o Dorte Toft, Vodskov Kirkevej 29, 9310 Vodskov
c/o Dorte Toft, Hirsehaven 15, 9370 Hals
Sønderskovvej 4, st., 9370 Hals

Former names

ToftSimonsen ApS – now
Lavprisgarn.dk ApS –
Handels- & Auktionshuset Limfjorden ApS –
Lavprisgarn.dk ApS –
Kræmmerhuset Hals ApS –

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Questions and answers about ToftSimonsen ApS

Has ToftSimonsen ApS gone bankrupt?

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

What is the bankruptcy risk of ToftSimonsen ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the CEO of ToftSimonsen ApS?

Dorte Toft, Mikael Kristiansen Simonsen are the CEOs of ToftSimonsen ApS.

When was ToftSimonsen ApS founded?

ToftSimonsen ApS was founded on 28 April 2021.

What is the equity of ToftSimonsen ApS?

Equity was DKK 125k 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.