TIM TRÆINDUSTRI A/S

CVR 86737612 · Public limited company (A/S) · Active · Low risk

TIM TRÆINDUSTRI A/S is a Public limited company (A/S), founded on , based in Haderup. The company is registered in the industry fremstilling af træemballage. 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 3.1m and a net result of DKK 423k. CEO: Dann Handberg Madsen.

Bankruptcy risk for TIM TRÆINDUSTRI A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
86737612
Status
Active
Company type
Public limited company (A/S)
Founded
(47 years)
Address
Langgade 78
7540 Haderup
Municipality
Herning
Industry
Fremstilling af træemballage (162400)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 500k
Employees
5 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio24.9%
Current ratio133%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.5mDKK 4.9m
Net profitDKK 423kDKK 2.0m
EquityDKK 3.1mDKK 4.6m
Total assetsDKK 12.3mDKK 12.0m
CashDKK 1.8m–
Short-term debtDKK 9.2m–
Tax owedDKK 130k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 202481
1 Jan 2023 – 31 Dec 2023109
1 Jan 2022 – 31 Dec 2022109
1 Jul 2020 – 31 Dec 202175
1 Jul 2019 – 30 Jun 2020135
1 Jul 2018 – 30 Jun 2019103
1 Jul 2017 – 30 Jun 2018159
1 Jul 2016 – 30 Jun 2017165
1 Jul 2015 – 30 Jun 2016134
1 Jul 2014 – 30 Jun 2015157
1 Jul 2013 – 30 Jun 2014158
1 Jul 2012 – 30 Jun 2013134
1 Jul 2011 – 30 Jun 2012139
1 Jul 2010 – 30 Jun 2011124
1 Jul 2009 – 30 Jun 2010147
1 Jul 2008 – 30 Jun 2009149
1 Jul 2007 – 30 Jun 2008155
1 Jul 2006 – 30 Jun 2007158
1 Jul 2005 – 30 Jun 2006160

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
CEODann Handberg MadsenCurrent
CEOJytte Nørgaard
CEOHolger Nørgaard
CEOPovl Erik Nørgaard
BoardDann Handberg MadsenCurrent
BoardVibeke MadsenCurrent
BoardAndreas Handberg MadsenCurrent
BoardPovl Erik Nørgaard
BoardJytte Nørgaard
BoardHolger Nørgaard
BoardPovl Erik Nørgaard
BoardJytte Nørgaard
BoardHanne Nørgaard Pedersen
BoardLisbet Ørts Nørgaard
Owner (100%)FELDBORG SAVVÆRK & PALLEFABRIK A/SCurrent
Owner (100%)JP NØRGAARD HOLDING ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab

The CEOs' other companies

Dann Handberg Madsen – 21 other companies, of which 2 bankrupt

Povl Erik Nørgaard – 2 other companies

Address history (3 moves)

Langgade 78, 7540 Haderup
Svensgaardvej 11, 6980 Tim
Svensgaardvej 8, 6980 Tim
Svensgaardvej 8, 6980 Tim

Employees per year

Number of employees at TIM TRÆINDUSTRI A/S per year352011: 520112012: 320122013: 320132014: 220142015: 520152016: 420162017: 520172018: 52018

Similar companies in Herning

Questions and answers about TIM TRÆINDUSTRI A/S

Has TIM TRÆINDUSTRI A/S gone bankrupt?

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

What is the bankruptcy risk of TIM TRÆINDUSTRI 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 TIM TRÆINDUSTRI A/S?

Dann Handberg Madsen is the CEO of TIM TRÆINDUSTRI A/S.

Who is the auditor of TIM TRÆINDUSTRI A/S?

TIM TRÆINDUSTRI A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was TIM TRÆINDUSTRI A/S founded?

TIM TRÆINDUSTRI A/S was founded on 15 June 1979.

What is the equity of TIM TRÆINDUSTRI A/S?

Equity was DKK 3.1m 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.