PaintRepair ApS

CVR 43627341 · Private limited company (ApS) · Active · Low risk

PaintRepair ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry reparation og lakering af karosseri samt undervognsbehandling. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -431k and a net result of DKK 184k. CEO: Thomas Hjorth Egeland.

Bankruptcy risk for PaintRepair ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
43627341
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Erantisvej 9
8700 Horsens
Municipality
Horsens
Industry
Reparation og lakering af karosseri samt undervognsbehandling (953120)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-30.1%
Current ratio35%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.3mDKK 2.2m
Net profitDKK 184kDKK -98k
EquityDKK -431kDKK -615k
Total assetsDKK 1.4mDKK 1.3m
CashDKK 158k–
Short-term debtDKK 1.9m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024174
4 Nov 2022 – 31 Dec 2023169

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
CEOThomas Hjorth EgelandCurrent
Owner (100%)TEG Holding ApSCurrent
FounderTEG Holding ApSCurrent

The CEOs' other companies

Thomas Hjorth Egeland – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Erantisvej 9, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about PaintRepair ApS

Has PaintRepair ApS gone bankrupt?

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

What is the bankruptcy risk of PaintRepair ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of PaintRepair ApS?

Thomas Hjorth Egeland is the CEO of PaintRepair ApS.

When was PaintRepair ApS founded?

PaintRepair ApS was founded on 4 November 2022.

What is the equity of PaintRepair ApS?

Equity was DKK -431k 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.