Tivasa ApS

CVR 44877503 · Private limited company (ApS) · Active · Medium risk

Tivasa ApS is a Private limited company (ApS), founded on , based in Nuuk. The company is registered in the industry levering af andre serviceydelser i forbindelse med kunstnerisk skaben og scenekunst i.a.n.. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 210k and a net result of DKK 142k. CEO: Fabrizio Barzanti, Nino Cay Thomsen Fencker.

Bankruptcy risk for Tivasa ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44877503
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Tuapannguit 38
3900 Nuuk
Municipality
Sermersooq
Industry
Levering af andre serviceydelser i forbindelse med kunstnerisk skaben og scenekunst i.a.n. (903920)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Auditor
Revisionsfirmaet Albrechtsen
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio29.7%
Current ratio135%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 287kDKK 431k
Net profitDKK 142kDKK 28k
EquityDKK 210kDKK 68k
Total assetsDKK 708kDKK 186k
CashDKK 132kDKK 186k
Short-term debtDKK 98kDKK 118k
Tax owedDKK 28kDKK 12k
Avg. employees02

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Albrechtsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025209 Late
5 Jun 2024 – 31 Dec 2024153

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
CEOFabrizio BarzantiCurrent
CEONino Cay Thomsen FenckerCurrent
Owner (50%)Fabrizio BarzantiCurrent
Owner (50%)Nino Cay Thomsen FenckerCurrent
FounderFabrizio BarzantiCurrent
FounderNino Cay Thomsen FenckerCurrent

Address history (0 moves)

Tuapannguit 38, 3900 Nuuk

Other companies at the same address

Questions and answers about Tivasa ApS

Has Tivasa ApS gone bankrupt?

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

What is the bankruptcy risk of Tivasa ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Tivasa ApS?

Fabrizio Barzanti, Nino Cay Thomsen Fencker are the CEOs of Tivasa ApS.

Who is the auditor of Tivasa ApS?

Tivasa ApS most recently used Revisionsfirmaet Albrechtsen.

When was Tivasa ApS founded?

Tivasa ApS was founded on 5 June 2024.

What is the equity of Tivasa ApS?

Equity was DKK 210k 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.