Thingvad Auto A/S

CVR 43011006 · Public limited company (A/S) · Active · Very high risk

Thingvad Auto A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry engroshandel med motorkøretøjer. Our model estimates a bankruptcy risk of 29.5% over the next 12 months, which is 20.9 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 699k and a net result of DKK -1.9m. CEO: Mohammad Ibrahim.

Bankruptcy risk for Thingvad Auto A/S

29.5%
probability of bankruptcy within 12 months
Very high risk

20.9 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · 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
43011006
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
Ellegårdvej 34
6400 Sønderborg
Municipality
Sønderborg
Industry
Engroshandel med motorkøretøjer (467100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 400k
Auditor
Revisionscentret Sønderborg Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio9.0%
Current ratio108%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -177kDKK 2.4mDKK 2.4m
Net profitDKK -1.9mDKK 254kDKK 1.2m
EquityDKK 699kDKK 727kDKK 2.2m
Total assetsDKK 7.7mDKK 8.1mDKK 11.6m
CashDKK 0DKK 137k–
Short-term debtDKK 7.0mDKK 7.4m–
Tax owedDKK 0DKK 0–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionscentret Sønderborg.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025226 Late
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023152
25 Jan 2022 – 31 Dec 202297

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
CEOMohammad IbrahimCurrent
CEOLine Bie Thingvad
BoardMohammad IbrahimCurrent
BoardAlaa Adil OmerCurrent
BoardMehmet Adil OmerCurrent
Owner (50%)Mono Invest ApSCurrent
Owner (50%)Trust Invest ApSCurrent
Owner (50%)Mohammad Ibrahim
Owner (50%)Line Bie Thingvad
Owner (50%)Alaa Adil Omer
Owner (100%)Almo Invest ApS
AuditorRevisionscentret Sønderborg Godkendt RevisionsaktieselskabCurrent
FounderMohammad IbrahimCurrent
FounderLine Bie ThingvadCurrent

The CEOs' other companies

Mohammad Ibrahim – 4 other companies

Line Bie Thingvad – 6 other companies, of which 1 bankrupt

Address history (2 moves)

Ellegårdvej 34, 6400 Sønderborg
Bomhusvej 17, 6300 Gråsten
Freltofte 6, 6400 Sønderborg

Former names

Thingvad Auto A/S – now
Thingvad Auto ApS –

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about Thingvad Auto A/S

Has Thingvad Auto A/S gone bankrupt?

No, Thingvad Auto A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Thingvad Auto A/S?

Our model estimates a bankruptcy risk of 29.5% over the next 12 months (very high risk), which is 20.9 times the average for Danish companies.

Who is the CEO of Thingvad Auto A/S?

Mohammad Ibrahim is the CEO of Thingvad Auto A/S.

Who is the auditor of Thingvad Auto A/S?

Thingvad Auto A/S most recently used Revisionscentret Sønderborg Godkendt Revisionsaktieselskab.

When was Thingvad Auto A/S founded?

Thingvad Auto A/S was founded on 25 January 2022.

What is the equity of Thingvad Auto A/S?

Equity was DKK 699k 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.