Team Innovation ApS

CVR 42871524 · Private limited company (ApS) · Active · Low risk

Team Innovation ApS is a Private limited company (ApS), founded on , based in Vildbjerg. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 401k and a net result of DKK 39k. CEO: Troels Kjærgård Rasmussen.

Bankruptcy risk for Team Innovation ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42871524
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Estlandsvej 1
7480 Vildbjerg
Municipality
Herning
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Auditor
Kreston SR
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio59.6%
Current ratio248%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK 2.3m
Net profitDKK 39kDKK 657k
EquityDKK 401kDKK 962k
Total assetsDKK 673kDKK 1.3m
CashDKK 576k–
Short-term debtDKK 272k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202541
1 Jan 2024 – 31 Dec 202459
1 Jan 2023 – 31 Dec 202322
29 Nov 2021 – 31 Dec 2022117

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
CEOTroels Kjærgård RasmussenCurrent
Owner (50%)TKR Holding, Vildbjerg ApSCurrent
Owner (50%)JBJ Holding 2022 ApSCurrent
Owner (100%)TKR Holding, Vildbjerg ApS
FounderTKR Holding, Vildbjerg ApSCurrent

The CEOs' other companies

Troels Kjærgård Rasmussen – 1 other companies

Address history (1 moves)

Estlandsvej 1, 7480 Vildbjerg
Niels Mouritsens Vej 10A, 7480 Vildbjerg

Other companies at the same address

Similar companies in Herning

Questions and answers about Team Innovation ApS

Has Team Innovation ApS gone bankrupt?

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

What is the bankruptcy risk of Team Innovation ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Team Innovation ApS?

Troels Kjærgård Rasmussen is the CEO of Team Innovation ApS.

Who is the auditor of Team Innovation ApS?

Team Innovation ApS most recently used Kreston SR.

When was Team Innovation ApS founded?

Team Innovation ApS was founded on 29 November 2021.

What is the equity of Team Innovation ApS?

Equity was DKK 401k 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.