TM Racing Aps

CVR 43933434 · Private limited company (ApS) · Active · High risk

TM Racing Aps is a Private limited company (ApS), founded on , based in Taastrup. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -73k and a net result of DKK -107k. CEO: Johnny Frode Andersen.

Bankruptcy risk for TM Racing Aps

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
CEO's other companies4–10 · bankruptcy rate 7.6%0.87×

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
43933434
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Johnny Frode Andersen, Sylen 7, 1. 557
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-4.7%
Current ratio96%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies5
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 5,440
Gross profitDKK -101kDKK -56
Net profitDKK -107kDKK -5,933
EquityDKK -73kDKK 34k
Total assetsDKK 1.6mDKK 1.4m
CashDKK 4,794–
Short-term debtDKK 1.6m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025145
1 Jan 2024 – 31 Dec 2024170
3 Mar 2023 – 31 Dec 2023175

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
CEOJohnny Frode AndersenCurrent
CEOKecia Øgendahl Andersen
Owner (0%)Johnny Frode AndersenCurrent
Owner (100%)Jordin Mulungi AndersenCurrent
Owner (100%)J.F.A. Holding ApS
FounderJ.F.A. Holding ApSCurrent

The CEOs' other companies

Johnny Frode Andersen – 12 other companies, of which 6 bankrupt

Kecia Øgendahl Andersen – 4 other companies

Address history (2 moves)

c/o Johnny Frode Andersen, Sylen 7, 1. 557, 2630 Taastrup
Håndværkervænget 15, 1., 2670 Greve
Murskeen 34, 3. 365, 2630 Taastrup

Former names

TM Racing Aps – now
KDB ApS –

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about TM Racing Aps

Has TM Racing Aps gone bankrupt?

No, TM Racing Aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TM Racing Aps?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of TM Racing Aps?

Johnny Frode Andersen is the CEO of TM Racing Aps.

When was TM Racing Aps founded?

TM Racing Aps was founded on 3 March 2023.

What is the equity of TM Racing Aps?

Equity was DKK -73k 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.