Tousgaard Holding ApS

CVR 42619078 · Private limited company (ApS) · Active · High risk

Tousgaard Holding ApS is a Private limited company (ApS), founded on , based in Øster Assels. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 4 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 -30k and a net result of DKK -13k. CEO: Frank Tousgaard.

Bankruptcy risk for Tousgaard Holding 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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
42619078
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Frank Tousgaard, Østerbyen 17
7990 Øster Assels
Municipality
Morsø
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
ReviFjordGodkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-752.9%
Current ratio12%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -5,425DKK -7,478DKK -5,000
Net profitDKK -13kDKK -121kDKK -1,924
EquityDKK -30kDKK -17kDKK 104k
Total assetsDKK 4,000DKK 8,000DKK 133k
Short-term debtDKK 34kDKK 25k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ReviFjordGodkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023168
23 Aug 2021 – 31 Dec 2022191 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
CEOFrank TousgaardCurrent
Owner (100%)Frank TousgaardCurrent
FounderFrank TousgaardCurrent

The CEOs' other companies

Frank Tousgaard – 4 other companies

Address history (0 moves)

c/o Frank Tousgaard, Østerbyen 17, 7990 Øster Assels

Other companies at the same address

Similar companies in Morsø

Questions and answers about Tousgaard Holding ApS

Has Tousgaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Tousgaard Holding 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 Tousgaard Holding ApS?

Frank Tousgaard is the CEO of Tousgaard Holding ApS.

Who is the auditor of Tousgaard Holding ApS?

Tousgaard Holding ApS most recently used ReviFjordGodkendt Revisionspartnerselskab.

When was Tousgaard Holding ApS founded?

Tousgaard Holding ApS was founded on 23 August 2021.

What is the equity of Tousgaard Holding ApS?

Equity was DKK -30k 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.