TVT Group ApS

CVR 44115840 · Private limited company (ApS) · Active · Low risk

TVT Group ApS is a Private limited company (ApS), founded on , based in Bedsted Thy. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 17.8m and a net result of DKK 2.7m. CEO: Jesper Thousgaard, Kristian Wind Hornstrup, Jesper Lovmand, Morten Storm Pipper.

Bankruptcy risk for TVT Group ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
44115840
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Virkevej 5
7755 Bedsted Thy
Municipality
Thisted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 75k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio52.4%
Current ratio34,576%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -24kDKK -41kDKK -10k
Net profitDKK 2.7mDKK 872kDKK 1.2m
EquityDKK 17.8mDKK 15.1mDKK 1.3m
Total assetsDKK 33.9mDKK 31.9mDKK 33.0m
CashDKK 1.7mDKK 903k–
Short-term debtDKK 10kDKK 10k–
Tax owed–DKK 0–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024129
13 Jun 2023 – 31 Dec 2023180

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
CEOJesper ThousgaardCurrent
CEOKristian Wind HornstrupCurrent
CEOJesper LovmandCurrent
CEOMorten Storm PipperCurrent
Owner (25%)THOUSGAARD HOLDING ApSCurrent
Owner (25%)Lovmand Holding ApSCurrent
Owner (25%)Wind-Hornstrup Holding ApSCurrent
Owner (25%)Storm Pipper Holding ApSCurrent
Owner (33%)THOUSGAARD HOLDING ApS
Owner (33%)Lovmand Holding ApS
Owner (33%)Wind-Hornstrup Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRL af 1/7 2020 P/S
FounderTHOUSGAARD HOLDING ApSCurrent
FounderLovmand Holding ApSCurrent
FounderWind-Hornstrup Holding ApSCurrent

The CEOs' other companies

Jesper Thousgaard – 8 other companies

Kristian Wind Hornstrup – 4 other companies

Jesper Lovmand – 4 other companies

Morten Storm Pipper – 8 other companies, of which 1 bankrupt

Address history (0 moves)

Virkevej 5, 7755 Bedsted Thy

Other companies at the same address

Similar companies in Thisted

Questions and answers about TVT Group ApS

Has TVT Group ApS gone bankrupt?

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

What is the bankruptcy risk of TVT Group ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TVT Group ApS?

Jesper Thousgaard, Kristian Wind Hornstrup, Jesper Lovmand, Morten Storm Pipper are the CEOs of TVT Group ApS.

Who is the auditor of TVT Group ApS?

TVT Group ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TVT Group ApS founded?

TVT Group ApS was founded on 13 June 2023.

What is the equity of TVT Group ApS?

Equity was DKK 17.8m 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.