Thy Skovteknik A/S

CVR 44908492 · Public limited company (A/S) · Active · Low risk

Thy Skovteknik A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry skovning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.3m and a net result of DKK 674k. CEO: Mikkel Gram Larsen.

Bankruptcy risk for Thy Skovteknik A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
44908492
Status
Active
Company type
Public limited company (A/S)
Founded
(2 years)
Address
Vorupørvej 248
7700 Thisted
Municipality
Thisted
Industry
Skovning (022000)
Bankruptcies in the industry: Dyrkning af træer og andre skovbrugsaktiviteter
Share capital
DKK 400k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio41.2%
Current ratio136%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.9mDKK 3.5m
Net profitDKK 674kDKK 591k
EquityDKK 4.3mDKK 3.6m
Total assetsDKK 10.5mDKK 9.9m
CashDKK 324k–
Short-term debtDKK 2.0m–
Tax owedDKK 210k–
Avg. employees2–

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 2025154
1 Jan 2024 – 31 Dec 2024158

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 Gram LarsenCurrent
BoardJørgen Gram LarsenCurrent
BoardMikkel Gram LarsenCurrent
BoardVibeke Pia LarsenCurrent
Owner (100%)Thy Skovteknik Holding ApSCurrent
Owner (50%)Jørgen Gram Larsen
Owner (50%)Mikkel Gram Larsen
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderJørgen Gram LarsenCurrent
FounderMikkel Gram LarsenCurrent

The CEOs' other companies

Mikkel Gram Larsen – 1 other companies

Address history (1 moves)

Vorupørvej 248, 7700 Thisted
Vorupørvej 248, 7700 Thisted

Other companies at the same address

Questions and answers about Thy Skovteknik A/S

Has Thy Skovteknik A/S gone bankrupt?

No, Thy Skovteknik A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Thy Skovteknik A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Thy Skovteknik A/S?

Mikkel Gram Larsen is the CEO of Thy Skovteknik A/S.

Who is the auditor of Thy Skovteknik A/S?

Thy Skovteknik A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Thy Skovteknik A/S founded?

Thy Skovteknik A/S was founded on 18 June 2024.

What is the equity of Thy Skovteknik A/S?

Equity was DKK 4.3m 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.