VTIC ApS

CVR 42402680 · Private limited company (ApS) · Active · High risk

VTIC ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -763k and a net result of DKK 53k. CEO: Christian Vivet.

Bankruptcy risk for VTIC ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · 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
42402680
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nordre Fasanvej 128, 2. th
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-303.3%
Current ratio24%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 431kDKK 754k
Net profitDKK 53kDKK 435k
EquityDKK -763kDKK -816k
Total assetsDKK 252kDKK 714k
CashDKK 29k–
Short-term debtDKK 1.0m–
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 2025136
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202270
7 May 2021 – 31 Dec 202171

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
CEOChristian VivetCurrent
CEOMichael Thisted Nielsen
Owner (100%)Christian VivetCurrent
Owner (50%)Christian Vivet
Owner (50%)Michael Thisted Nielsen
Owner (50%)Christian Vivet
Owner (50%)Michael Thisted Nielsen
FounderChristian VivetCurrent
FounderMichael Thisted NielsenCurrent

Address history (2 moves)

Nordre Fasanvej 128, 2. th, 2000 Frederiksberg
Nordre Fasanvej 128, 2. th, 2000 Frederiksberg
Burmeistersgade 10, 4., 1429 København K

Former names

VTIC ApS – now
Vivet Thisted Ideal Construction ApS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about VTIC ApS

Has VTIC ApS gone bankrupt?

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

What is the bankruptcy risk of VTIC ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of VTIC ApS?

Christian Vivet is the CEO of VTIC ApS.

When was VTIC ApS founded?

VTIC ApS was founded on 7 May 2021.

What is the equity of VTIC ApS?

Equity was DKK -763k 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.