Timeout Bar ApS

CVR 45572625 · Private limited company (ApS) · Active · High risk

Timeout Bar ApS is a Private limited company (ApS), founded on , based in Tønder. The company is registered in the industry udskænkning af alkoholiske drikkevarer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 182k and a net result of DKK 162k. CEO: Kim Pedersen.

Bankruptcy risk for Timeout Bar ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
45572625
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Vestergade 55
6270 Tønder
Municipality
Tønder
Industry
Udskænkning af alkoholiske drikkevarer (563020)
Bankruptcies in the industry: Restauranter
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio50.8%
Current ratio91%
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 year2025
Gross profitDKK 732k
Net profitDKK 162k
EquityDKK 182k
Total assetsDKK 359k
CashDKK 77k
Short-term debtDKK 174k
Tax owedDKK 44k

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
26 Apr 2025 – 31 Dec 2025172

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
CEOKim PedersenCurrent
Owner (100%)Kim PedersenCurrent
FounderKim PedersenCurrent

Address history (0 moves)

Vestergade 55, 6270 Tønder

Other companies at the same address

Similar companies in Tønder

Questions and answers about Timeout Bar ApS

Has Timeout Bar ApS gone bankrupt?

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

What is the bankruptcy risk of Timeout Bar ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Timeout Bar ApS?

Kim Pedersen is the CEO of Timeout Bar ApS.

When was Timeout Bar ApS founded?

Timeout Bar ApS was founded on 26 April 2025.

What is the equity of Timeout Bar ApS?

Equity was DKK 182k 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.