Online Textile Solutions A/S

CVR 42718092 · Public limited company (A/S) · Active · Medium risk

Online Textile Solutions A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry engroshandel med beklædning. 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. The latest annual report (31 Dec 2025) shows equity of DKK -5.4m and a net result of DKK -14.6m.

Bankruptcy risk for Online Textile Solutions A/S

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

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
42718092
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Tulstrupvej 13
7430 Ikast
Municipality
Ikast-Brande
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-17.8%
Current ratio84%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -6.2mDKK 617kDKK 209k
Net profitDKK -14.6mDKK -8.4mDKK -6.4m
EquityDKK -5.4mDKK -14.7mDKK -6.7m
Total assetsDKK 30.5mDKK 40.9mDKK 49.7m
CashDKK 52kDKK 52k–
Short-term debtDKK 35.9mDKK 55.6m–
Avg. employees1012–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022143
23 Sep 2021 – 31 Dec 2021132

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
BoardJens ThygesenCurrent
BoardMorten Georg ThygesenCurrent
BoardMichael NederbyCurrent
BoardAllan Ruben Nielsen
Owner (90%)THYGESEN TEXTILE GROUP A/SCurrent
Owner (67%)THYGESEN TEXTILE GROUP A/S
Owner (25%)Niklas Linnebjerg Holding ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderTHYGESEN TEXTILE GROUP A/SCurrent
FounderNiklas Linnebjerg Holding ApSCurrent

Address history (0 moves)

Tulstrupvej 13, 7430 Ikast

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Online Textile Solutions A/S

Has Online Textile Solutions A/S gone bankrupt?

No, Online Textile Solutions A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Online Textile Solutions A/S?

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 auditor of Online Textile Solutions A/S?

Online Textile Solutions A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Online Textile Solutions A/S founded?

Online Textile Solutions A/S was founded on 23 September 2021.

What is the equity of Online Textile Solutions A/S?

Equity was DKK -5.4m 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.