Thor&Olsen ApS

CVR 43600958 · Private limited company (ApS) · Active · Low risk

Thor&Olsen ApS is a Private limited company (ApS), founded on , based in Aabybro. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 3 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 613k and a net result of DKK 483k. CEO: Kristinn Þór Erlendsson.

Bankruptcy risk for Thor&Olsen 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
43600958
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Højbakkevej 20
9440 Aabybro
Municipality
Jammerbugt
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio97.2%
Current ratio3,445%
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
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -17kDKK -10kDKK -9,401
Net profitDKK 483kDKK -8,887DKK 116k
EquityDKK 613kDKK 147kDKK 156k
Total assetsDKK 631kDKK 185kDKK 185k
CashDKK 611kDKK 149k–
Short-term debtDKK 18kDKK 38k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024181
17 Oct 2022 – 31 Dec 2023184 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

RoleNameFromTo
CEOKristinn Þór ErlendssonCurrent
Owner (100%)kit ehfCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
Founderkit ehfCurrent

The CEOs' other companies

Kristinn Þór Erlendsson – 1 other companies

Address history (0 moves)

Højbakkevej 20, 9440 Aabybro

Similar companies in Jammerbugt

Questions and answers about Thor&Olsen ApS

Has Thor&Olsen ApS gone bankrupt?

No, Thor&Olsen ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Thor&Olsen 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 Thor&Olsen ApS?

Kristinn Þór Erlendsson is the CEO of Thor&Olsen ApS.

Who is the auditor of Thor&Olsen ApS?

Thor&Olsen ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Thor&Olsen ApS founded?

Thor&Olsen ApS was founded on 17 October 2022.

What is the equity of Thor&Olsen ApS?

Equity was DKK 613k 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.