Timberforce A/S

CVR 45400255 · Public limited company (A/S) · Active · Medium risk

Timberforce A/S is a Public limited company (A/S), founded on , based in Holsted. The company is registered in the industry fremstilling af radiatorer, damp- og fyringskedler til centralvarmeanlæg. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Mar 2026) shows equity of DKK 370k and a net result of DKK -30k.

Bankruptcy risk for Timberforce A/S

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% 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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
45400255
Status
Active
Company type
Public limited company (A/S)
Founded
(1 years)
Address
Energivej 16
6670 Holsted
Municipality
Vejen
Industry
Fremstilling af radiatorer, damp- og fyringskedler til centralvarmeanlæg (252100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 400k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio96.7%
Current ratio3,061%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2026
Gross profitDKK -30k
Net profitDKK -30k
EquityDKK 370k
Total assetsDKK 383k
CashDKK 383k
Short-term debtDKK 13k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
12 Feb 2025 – 31 Mar 2026183

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
BoardJon PlougCurrent
BoardAlessandro SuteraCurrent
BoardDaniel Rønn Jensen BrinkCurrent
BoardCameron Michael Frymyer
BoardRodney Ernest Carlson
BoardBrandy Lynn Johnson Aungst
BoardNiels Christiansen
BoardLouise Ejstrup Kjems
Owner (100%)Kanadevia Inova Denmark A/SCurrent
Owner (100%)BABCOCK & WILCOX A/S
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderBABCOCK & WILCOX A/SCurrent

Address history (1 moves)

Energivej 16, 6670 Holsted
Dybendalsvænget 3, 2630 Taastrup

Other companies at the same address

Questions and answers about Timberforce A/S

Has Timberforce A/S gone bankrupt?

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

What is the bankruptcy risk of Timberforce A/S?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the auditor of Timberforce A/S?

Timberforce A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Timberforce A/S founded?

Timberforce A/S was founded on 12 February 2025.

What is the equity of Timberforce A/S?

Equity was DKK 370k according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.