TBU Holding 2023 ApS

CVR 44370573 · Private limited company (ApS) · Active · Medium risk

TBU Holding 2023 ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16k and a net result of DKK -5,007. CEO: Thomas Frees Buthler.

Bankruptcy risk for TBU Holding 2023 ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44370573
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Thomas Buthler, Engelstedsgade 27, st.
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio72.3%
Current ratio201%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -4,706DKK -11k
Net profitDKK -5,007DKK -11k
EquityDKK 16kDKK 21k
Total assetsDKK 23kDKK 35k
CashDKK 39–
Short-term debtDKK 6,250DKK 14k
Avg. employees01

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
9 Oct 2023 – 31 Dec 2024164

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 Frees ButhlerCurrent
Owner (100%)Thomas Frees ButhlerCurrent
FounderThomas Frees ButhlerCurrent

The CEOs' other companies

Thomas Frees Buthler – 2 other companies

Address history (0 moves)

c/o Thomas Buthler, Engelstedsgade 27, st., 2100 København Ø

Similar companies in København

Questions and answers about TBU Holding 2023 ApS

Has TBU Holding 2023 ApS gone bankrupt?

No, TBU Holding 2023 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TBU Holding 2023 ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TBU Holding 2023 ApS?

Thomas Frees Buthler is the CEO of TBU Holding 2023 ApS.

Who is the auditor of TBU Holding 2023 ApS?

TBU Holding 2023 ApS most recently used HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED.

When was TBU Holding 2023 ApS founded?

TBU Holding 2023 ApS was founded on 9 October 2023.

What is the equity of TBU Holding 2023 ApS?

Equity was DKK 16k 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.