Tree Logs ApS

CVR 45204618 · Private limited company (ApS) · Active · Low risk

Tree Logs ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.3 times the average for Danish companies. 1 annual report has been published. The latest annual report (30 Jun 2025) shows equity of DKK -123k and a net result of DKK -173k. CEO: Michael Qvortrup.

Bankruptcy risk for Tree Logs ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
45204618
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o ARTLINCO A/S, Søndergade 4, 2. th
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-1.2%
Current ratio75%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -14k
Net profitDKK -173k
EquityDKK -123k
Total assetsDKK 10.0m
Short-term debtDKK 63k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
12 Nov 2024 – 30 Jun 2025175

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
CEOMichael QvortrupCurrent
BoardSøren Xerxes FrahmCurrent
BoardRené Borup-JensenCurrent
BoardMichael QvortrupCurrent
BoardLasse JensenCurrent
BoardKasper Ankjær DinesenCurrent
Owner (50%)INNOVATOR DESIGN ApSCurrent
Owner (10%)RBJ Holding ApSCurrent
Owner (10%)Another Jensen Company ApSCurrent
Owner (10%)KA Dinesen Holding ApSCurrent
Owner (10%)Michael Qvortrup Holding ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderINNOVATOR DESIGN ApSCurrent
FounderRBJ Holding ApSCurrent
FounderAnother Jensen Company ApSCurrent
FounderKA Dinesen Holding ApSCurrent
FounderMichael Qvortrup Holding ApSCurrent

The CEOs' other companies

Michael Qvortrup – 3 other companies

Address history (0 moves)

c/o ARTLINCO A/S, Søndergade 4, 2. th, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about Tree Logs ApS

Has Tree Logs ApS gone bankrupt?

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

What is the bankruptcy risk of Tree Logs ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Tree Logs ApS?

Michael Qvortrup is the CEO of Tree Logs ApS.

Who is the auditor of Tree Logs ApS?

Tree Logs ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Tree Logs ApS founded?

Tree Logs ApS was founded on 12 November 2024.

What is the equity of Tree Logs ApS?

Equity was DKK -123k 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.