TG Europe A/S
CVR 43132644 · Public limited company (A/S) · Active · Medium risk
TG Europe A/S is a Public limited company (A/S), founded on , based in Valby. The company is registered in the industry fremstilling af plastemballage. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 -7.8m and a net result of DKK -1.8m. CEO: Ang See Hwan.
Bankruptcy risk for TG Europe A/S
1.4 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 43132644
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (4 years)
- Address
- c/o Baker Tilly Denmark, Poul Bundgaards Vej 1, 1.
2500 Valby - Municipality
- København
- Industry
- Fremstilling af plastemballage (222200)
Bankruptcies in the industry: Fremstilling af andre plastprodukter - Share capital
- DKK 400k
- Auditor
- Baker Tilly Denmark
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 4 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -184.8% |
| Current ratio | 2,101% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 94 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -899k | DKK -232k | DKK -493k |
| Net profit | DKK -1.8m | DKK -2.7m | DKK -3.0m |
| Equity | DKK -7.8m | DKK -6.0m | DKK -3.3m |
| Total assets | DKK 4.2m | DKK 7.4m | DKK 9.1m |
| Cash | DKK 137k | DKK 1.7m | – |
| Short-term debt | DKK 82k | DKK 13.4m | – |
| Avg. employees | 1 | 4 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 184 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 191 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 180 | ||
| 16 Mar 2022 – 31 Dec 2022 | 197 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ang See Hwan | Current | |
| CEO | Christian Olesen | ||
| Board | Ang See Ming | Current | |
| Board | Ang See Hwan | Current | |
| Board | Ang Poon Khim | Current | |
| Board | Christian Olesen | ||
| Owner (100%) | Thong Guan Plastic & Paper Industries Sdn Bhd (TGPP) | Current | |
| Owner (67%) | Thong Guan Plastic & Paper Industries Sdn Bhd (TGPP) | ||
| Owner (20%) | Cose Holding ApS | ||
| Auditor | FER Fyns Erhvervsrevision I/S | ||
| Auditor | AIDER Godkendt Revisionsaktieselskab | ||
| Founder | Thong Guan Plastic & Paper Industries Sdn Bhd (TGPP) | Current |
The CEOs' other companies
Christian Olesen – 5 other companies, of which 1 bankrupt
- Sacred Skin ApS Bankrupt 22 Jun 2026
- Cose Holding ApS Active
- FD Multiservice ApS Compulsorily dissolved
- NORPAK ApS Compulsorily dissolved
- Visionflex ApS Active
Address history (2 moves)
| c/o Baker Tilly Denmark, Poul Bundgaards Vej 1, 1., 2500 Valby | |
| Hvidkærvej 17F, 5250 Odense SV | |
| Krogagervej 6, 5240 Odense NØ |
Other companies at the same address
- Boho Invest ApS Bankrupt
- CWP Kraft ApS Bankrupt
- MC Sistem DK ApS Bankrupt
- Manchett Cleaning ApS Bankrupt
- AIDER Godkendt Revisionsaktieselskab Active
- ARTELIA DENMARK ApS Opløst
- ASBP HOLDING ApS Active
- ATHOS STATSAUTORISERET REVISIONSAKTIESELSKAB Opløst
- Advanced Medical Denmark (AMD) ApS Compulsorily dissolved
- Agrima Botanicals ApS Opløst
- ApS KOMPLEMENTARSELSKABET LOHJA RETAIL PARKS, FINLAND Opløst
- ApS KOMPLEMENTARSELSKABET RIVINGTON ROAD, ELLESMERE PORT Opløst
- ApS KOMPLEMENTARSELSKABET ROGERSTONE, NEWPORT Opløst
- ApS KOMPLEMENTARSELSKABET TAMMERFORS BUTIKSCENTER, FINLAND Opløst
- ApS KOMPLEMENTARSELSKABET TAMMERFORS STORBUTIKKER, TAMPERE I + III, FINLAND Opløst
- ApS OLD HALL STREET KOMPLEMENTAR Opløst
- Aramis Invest ApS Active
- Arnesvej 15 ApS Opløst
- Aster Psykiatri ApS Active
- BIRGER CHRISTENSEN GENERAL TRADING COMPANY ApS Active
- BLS Komplementar ApS Active
- Bosphorus ApS Active
- Brewify ApS Opløst
- By Invite Consulting ApS Active
- CNT BUILD A/S Active
Similar companies in København
- CG Biocomposite ApS København SV
- Flacon Denmark IVS København NV
- PETCRAFT ApS København K
- FSAP ApS København K
Questions and answers about TG Europe A/S
Has TG Europe A/S gone bankrupt?
No, TG Europe A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TG Europe A/S?
Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.
Who is the CEO of TG Europe A/S?
Ang See Hwan is the CEO of TG Europe A/S.
Who is the auditor of TG Europe A/S?
TG Europe A/S most recently used Baker Tilly Denmark.
When was TG Europe A/S founded?
TG Europe A/S was founded on 16 March 2022.
What is the equity of TG Europe A/S?
Equity was DKK -7.8m 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.