Thy Works ApS

CVR 45005976 · Private limited company (ApS) · Active · Very high risk

Thy Works ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -679k and a net result of DKK -376k. CEO: Teresa Kirk Rysgaard.

Bankruptcy risk for Thy Works ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Has a boardYes · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · bankruptcy rate 6.5%0.74×
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
45005976
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Thorstedvej 148
7700 Thisted
Municipality
Thisted
Industry
Levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom (811000)
Bankruptcies in the industry: Reparation af andre varer til personligt brug og husholdningsbrug
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-1,070.8%
Current ratio9%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 591kDKK -178k
Net profitDKK -376kDKK -343k
EquityDKK -679kDKK -303k
Total assetsDKK 63kDKK 243k
CashDKK 0DKK 197k
Short-term debtDKK 742kDKK 546k
Avg. employees21

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
5 Aug 2024 – 31 Dec 2024182

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
CEOTeresa Kirk RysgaardCurrent
BoardJesper Kirk KrogCurrent
BoardNicolaj Borup KrogCurrent
BoardSolveig Borup Kirk KrogCurrent
BoardThomas Hagger KirkCurrent
Owner (50%)SONITE ApSCurrent
Owner (50%)JK Kirk Holding ApSCurrent
FounderSONITE ApSCurrent
FounderJK Kirk Holding ApSCurrent

The CEOs' other companies

Teresa Kirk Rysgaard – 1 other companies

Address history (0 moves)

Thorstedvej 148, 7700 Thisted

Former names

Thy Works ApS – now
Nimb-montage ApS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about Thy Works ApS

Has Thy Works ApS gone bankrupt?

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

What is the bankruptcy risk of Thy Works ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Thy Works ApS?

Teresa Kirk Rysgaard is the CEO of Thy Works ApS.

Who is the auditor of Thy Works ApS?

Thy Works ApS most recently used Beierholm.

When was Thy Works ApS founded?

Thy Works ApS was founded on 5 August 2024.

What is the equity of Thy Works ApS?

Equity was DKK -679k 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.