Transforming Earth ApS

CVR 44749599 · Private limited company (ApS) · Active · Low risk

Transforming Earth ApS is a Private limited company (ApS), founded on , based in Faaborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -70k and a net result of DKK 124k.

Bankruptcy risk for Transforming Earth ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
44749599
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Gry Guldberg Friis, Nyløkke 11
5600 Faaborg
Municipality
Faaborg-Midtfyn
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-28.0%
Current ratio78%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 520kDKK 1.6m
Net profitDKK 124kDKK -235k
EquityDKK -70kDKK -195k
Total assetsDKK 251kDKK 746k
CashDKK 114k–
Short-term debtDKK 321k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
26 Mar 2024 – 31 Dec 2024180

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
CEOMikkel Pilgaard Madsen
Owner (100%)Emerging Danmark Komplementar ApSCurrent
Owner (50%)Pilgaard Consulting ApS
Owner (50%)Emerging Danmark Komplementar ApS
FounderPilgaard Consulting ApSCurrent
FounderEmerging Danmark Komplementar ApSCurrent

Address history (1 moves)

c/o Gry Guldberg Friis, Nyløkke 11, 5600 Faaborg
Nyløkke 11, 5600 Faaborg

Former names

Transforming Earth ApS – now
Estuary Agency ApS –

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about Transforming Earth ApS

Has Transforming Earth ApS gone bankrupt?

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

What is the bankruptcy risk of Transforming Earth ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the auditor of Transforming Earth ApS?

Transforming Earth ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Transforming Earth ApS founded?

Transforming Earth ApS was founded on 26 March 2024.

What is the equity of Transforming Earth ApS?

Equity was DKK -70k 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.