TCM Operations A/S

CVR 75924712 · Public limited company (A/S) · Active · Low risk

TCM Operations A/S is a Public limited company (A/S), founded on , based in Holstebro. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 126.0m and a net result of DKK 59.5m. CEO: Esben Refsgaard Trier Lund.

Bankruptcy risk for TCM Operations A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
75924712
Status
Active
Company type
Public limited company (A/S)
Founded
(42 years)
Address
Skautrupvej 16
7500 Holstebro
Municipality
Holstebro
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 3.1m
Employees
362 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio21.8%
Current ratio39%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 998.2mDKK 966.9m
Gross profitDKK 268.6mDKK 247.7m
Net profitDKK 59.5mDKK 35.7m
EquityDKK 126.0mDKK 81.4m
Total assetsDKK 578.3mDKK 431.7m
CashDKK 5.7m–
Short-term debtDKK 361.7m–
Tax owedDKK 13.8m–
Avg. employees401–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023108
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 2021102
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 2017109
1 Jan 2016 – 31 Dec 2016108
1 Jan 2015 – 31 Dec 201571
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 201391
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 2011100
1 Jan 2010 – 31 Dec 2010100
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007100
1 Jan 2006 – 31 Dec 2006126

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
CEOEsben Refsgaard Trier LundCurrent
CEOPoul Frandsen
CEOBjarne Klejnstrup Frandsen
BoardJohn MadsenCurrent
BoardHolger SørensenCurrent
BoardJan AmtoftCurrent
BoardPernille MehlCurrent
BoardAnders Tormod Skole-SørensenCurrent
BoardBjörn Johan Olsson LissnerCurrent
BoardErika HummelCurrent
BoardRodolfo Gunther Dias ZeidlerCurrent
BoardGeorg Fuursted Lyskjær
BoardOve Lillelund
BoardAnna Kirstine Klejnstrup Frandsen
BoardPoul Frandsen
BoardKarin Klejnstrup Volsgaard
BoardBent Erik Jensen
BoardOve Lillelund
BoardSøren Pugholm
BoardGeorg Fuursted Lyskjær
BoardFrank Hjalmar Andersen
BoardHans Helge Sørensen
BoardKlaus Kristensen
BoardKent Holm
BoardSøren Pugholm
BoardFlemming Arbjerg Christensen
BoardPer Korsholm Jeppesen
BoardPovl Christian Lütken Frigast
BoardThomas Ryge Mikkelsen
BoardBjarne Klejnstrup Frandsen
BoardHans Christian Korsgård Madsen
BoardPer Asmund Christensen
BoardJørgen Falkebo Jensen
BoardOle Lund Andersen
BoardMarianne Kjær Dyrmose
BoardJesper Klit
BoardEjnar Nautrup
BoardHelle Marie Friis Nielsen
BoardTommy Seeberg Groth Pedersen
BoardSøren Gram Degn
BoardSusanne Charlotte Beckmann
BoardJohn Madsen
BoardBjarne Klejnstrup Frandsen
BoardOle Lund Andersen
BoardKristian Carlsson Kemppinen
BoardErik Albert Ingemarsson
BoardLinn Agnes Markryd
BoardSanna Mari Suvanto-Harsaae
BoardKristian Carlsson Kemppinen
BoardLinn Agnes Markryd
BoardAnders Tormod Skole-Sørensen
BoardVinie Korr Jepsen
BoardPeter Liebert Jelkeby
BoardCarsten Bjerg
BoardSøren Mygind Eskildsen
BoardAnders Tormod Skole-Sørensen
BoardDanny Espersen
BoardErika Hummel
BoardSøren Mygind Eskildsen
Owner (100%)TCM Group A/SCurrent
Owner (100%)TCM GROUP A/S
Owner (100%)TCM Group Invest ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorTage Hjortkjær
AuditorKPSR I/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Esben Refsgaard Trier Lund – 9 other companies

Poul Frandsen – 2 other companies

Bjarne Klejnstrup Frandsen – 24 other companies, of which 2 bankrupt

Address history (0 moves)

Skautrupvej 16, 7500 Holstebro

Former names

TCM Operations A/S – now
TMK A/S –
TVIS/MODULIA A/S –
A/S TVIS KØKKENER OG GARDEROBESKABE –

Employees per year

Number of employees at TCM Operations A/S per year1813622011: 22220112012: 24420122013: 22820132014: 22620142015: 26320152016: 27320162017: 31920172018: 3622018

Other companies at the same address

Questions and answers about TCM Operations A/S

Has TCM Operations A/S gone bankrupt?

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

What is the bankruptcy risk of TCM Operations A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TCM Operations A/S?

Esben Refsgaard Trier Lund is the CEO of TCM Operations A/S.

Who is the auditor of TCM Operations A/S?

TCM Operations A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TCM Operations A/S founded?

TCM Operations A/S was founded on 26 June 1984.

What is the equity of TCM Operations A/S?

Equity was DKK 126.0m 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.