TVS Holding Ølstrup II ApS

CVR 44493918 · Private limited company (ApS) · Active · Low risk

TVS Holding Ølstrup II ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.4m and a net result of DKK 11k. CEO: Thomas Vangsgaard Sandal.

Bankruptcy risk for TVS Holding Ølstrup II ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
44493918
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Kirkemarken 7
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
REVISORHUSET GODKENDTE REVISORER A/S
Audit opted out
No

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityNo
Equity ratio99.6%
Current ratio193%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -5,000DKK 2,211DKK -5,000
Net profitDKK 11kDKK -38kDKK 104k
EquityDKK 7.4mDKK 7.4mDKK 7.5m
Total assetsDKK 7.5mDKK 7.5mDKK 7.5m
Short-term debtDKK 33kDKK 28k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisorhuset Godkendte Revisorer A/S,.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023185 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
CEOThomas Vangsgaard SandalCurrent
CEOKarsten Sandal
Owner (100%)Thomas Vangsgaard SandalCurrent
Owner (100%)Karsten Sandal
AuditorREVISORHUSET GODKENDTE REVISORER A/SCurrent

The CEOs' other companies

Karsten Sandal – 23 other companies

Address history (0 moves)

Kirkemarken 7, 6950 Ringkøbing

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about TVS Holding Ølstrup II ApS

Has TVS Holding Ølstrup II ApS gone bankrupt?

No, TVS Holding Ølstrup II ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TVS Holding Ølstrup II ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TVS Holding Ølstrup II ApS?

Thomas Vangsgaard Sandal is the CEO of TVS Holding Ølstrup II ApS.

Who is the auditor of TVS Holding Ølstrup II ApS?

TVS Holding Ølstrup II ApS most recently used REVISORHUSET GODKENDTE REVISORER A/S.

When was TVS Holding Ølstrup II ApS founded?

TVS Holding Ølstrup II ApS was founded on 12 December 2023.

What is the equity of TVS Holding Ølstrup II ApS?

Equity was DKK 7.4m 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.