TerraX ApS
CVR 45105334 · Private limited company (ApS) · Active · Very high risk
TerraX ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry detailhandel med motorcykler samt reservedele og tilbehør dertil. Our model estimates a bankruptcy risk of 11.0% over the next 12 months, which is 7.8 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 337k and a net result of DKK 297k. CEO: Kaspar Kousgaard Madsen.
Bankruptcy risk for TerraX ApS
7.8 × the average (1.41%) · higher risk than 97% of active Danish companies
Increases the risk
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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
- 45105334
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (2 years)
- Address
- Tårnvej 32
7200 Grindsted - Municipality
- Billund
- Industry
- Detailhandel med motorcykler samt reservedele og tilbehør dertil (478300)
Bankruptcies in the industry: Autoreparationsværksteder mv. - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 1 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 13.6% |
| Current ratio | 116% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 |
|---|---|
| Gross profit | DKK 504k |
| Net profit | DKK 297k |
| Equity | DKK 337k |
| Total assets | DKK 2.5m |
| Short-term debt | DKK 2.1m |
| Tax owed | DKK 84k |
| Avg. employees | 1 |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 25 Sep 2024 – 30 Jun 2025 | 189 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kaspar Kousgaard Madsen | Current | |
| Owner (33%) | DANNY ØRTS ANDERSEN HOLDING ApS | Current | |
| Owner (33%) | K Kousgaard Holding ApS | Current | |
| Owner (20%) | Faunamaster ApS | Current | |
| Founder | DANNY ØRTS ANDERSEN HOLDING ApS | Current | |
| Founder | K Kousgaard Holding ApS | Current | |
| Founder | Faunamaster ApS | Current |
The CEOs' other companies
Kaspar Kousgaard Madsen – 3 other companies, of which 1 bankrupt
- Faunamaster Agro ApS Bankrupt 20 Nov 2024
- Faunamaster ApS Active
- K Kousgaard Holding ApS Active
Address history (0 moves)
| Tårnvej 32, 7200 Grindsted |
Former names
| TerraX ApS | – now |
| Aodes ATV Danmark ApS | – |
Other companies at the same address
- Faunamaster Agro ApS Bankrupt
- Star VVS Grindsted A/S Active
Similar companies in Billund
Questions and answers about TerraX ApS
Has TerraX ApS gone bankrupt?
No, TerraX ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TerraX ApS?
Our model estimates a bankruptcy risk of 11.0% over the next 12 months (very high risk), which is 7.8 times the average for Danish companies.
Who is the CEO of TerraX ApS?
Kaspar Kousgaard Madsen is the CEO of TerraX ApS.
When was TerraX ApS founded?
TerraX ApS was founded on 25 September 2024.
What is the equity of TerraX ApS?
Equity was DKK 337k according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.