Tornemark VVS ApS

CVR 43262467 · Private limited company (ApS) · Active · Low risk

Tornemark VVS ApS is a Private limited company (ApS), founded on , based in Sandved. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 107k and a net result of DKK 62k. CEO: Jes Ole Hvid.

Bankruptcy risk for Tornemark VVS ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
43262467
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Møllevej 13
4262 Sandved
Municipality
Næstved
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio25.8%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 311kDKK 277kDKK 519k
Net profitDKK 62kDKK 18kDKK -31k
EquityDKK 107kDKK 45kDKK 27k
Total assetsDKK 414kDKK 345kDKK 374k
CashDKK 18k––
Short-term debtDKK 306kDKK 295k–
Tax owedDKK 23k––
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023149
11 May 2022 – 31 Dec 2022174

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
CEOJes Ole HvidCurrent
Owner (100%)Jes Ole HvidCurrent
FounderJes Ole HvidCurrent

Address history (0 moves)

Møllevej 13, 4262 Sandved

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Questions and answers about Tornemark VVS ApS

Has Tornemark VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Tornemark VVS ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of Tornemark VVS ApS?

Jes Ole Hvid is the CEO of Tornemark VVS ApS.

Who is the auditor of Tornemark VVS ApS?

Tornemark VVS ApS most recently used DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB.

When was Tornemark VVS ApS founded?

Tornemark VVS ApS was founded on 11 May 2022.

What is the equity of Tornemark VVS ApS?

Equity was DKK 107k 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.