Thulstrup VVS & Energi ApS

CVR 45361241 · Private limited company (ApS) · Active · Very high risk

Thulstrup VVS & Energi ApS is a Private limited company (ApS), founded on , based in Vester Skerninge. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -200k and a net result of DKK -240k.

Bankruptcy risk for Thulstrup VVS & Energi 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

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
45361241
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Gundestrupvej 7
5762 Vester Skerninge
Municipality
Svendborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Danica
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-209.7%
Current ratio10%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 137k
Net profitDKK -240k
EquityDKK -200k
Total assetsDKK 95k
CashDKK 23k
Short-term debtDKK 295k
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
28 Jan 2025 – 31 Dec 202526

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
Owner (100%)Mads Thulstrup Stylsvig WintherCurrent
FounderMads Thulstrup Stylsvig WintherCurrent

Address history (0 moves)

Gundestrupvej 7, 5762 Vester Skerninge

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Questions and answers about Thulstrup VVS & Energi ApS

Has Thulstrup VVS & Energi ApS gone bankrupt?

No, Thulstrup VVS & Energi ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Thulstrup VVS & Energi 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 auditor of Thulstrup VVS & Energi ApS?

Thulstrup VVS & Energi ApS most recently used Danica.

When was Thulstrup VVS & Energi ApS founded?

Thulstrup VVS & Energi ApS was founded on 28 January 2025.

What is the equity of Thulstrup VVS & Energi ApS?

Equity was DKK -200k 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.