LTG Rail Denmark ApS
CVR 10658284 · Private limited company (ApS) · Active · Low risk
LTG Rail Denmark ApS is a Private limited company (ApS), founded on , based in Værløse. The company is registered in the industry computerprogrammering. 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, of which 14 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK 126.0m and a net result of DKK 33.5m. CEO: Marc Chénier.
Bankruptcy risk for LTG Rail Denmark ApS
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
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Reduces the risk
Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · 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
- 10658284
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (39 years)
- Address
- Kirke Værløsevej 14, 1.
3500 Værløse - Municipality
- Furesø
- Industry
- Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 502k
- Employees
- 15 (2018)
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 15 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 82.0% |
| Current ratio | 127% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 23 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 16 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Gross profit | DKK 40.4m | DKK 59.5m | DKK 11.1m |
| Net profit | DKK 33.5m | DKK 51.8m | DKK 2.2m |
| Equity | DKK 126.0m | DKK 76.1m | DKK 24.3m |
| Total assets | DKK 153.7m | DKK 205.5m | DKK 159.4m |
| Cash | DKK 1.6m | DKK 2.3m | – |
| Short-term debt | DKK 22.3m | DKK 75.8m | – |
| Tax owed | DKK 1.3m | DKK 4.4m | – |
| Avg. employees | 10 | 10 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Mar 2025 – 28 Feb 2026 | 194 | Late | |
| 1 Mar 2024 – 28 Feb 2025 | 108 | ||
| 1 Mar 2023 – 28 Feb 2024 | 197 | Late | |
| 1 Mar 2022 – 28 Feb 2023 | 214 | Late | |
| 1 Mar 2021 – 28 Feb 2022 | 214 | Late | |
| 1 Mar 2020 – 28 Feb 2021 | 158 | ||
| 1 Mar 2019 – 28 Feb 2020 | 245 | Late | |
| 1 Mar 2018 – 28 Feb 2019 | 251 | Late | |
| 1 Mar 2017 – 28 Feb 2018 | 184 | Late | |
| 1 Mar 2016 – 28 Feb 2017 | 184 | Late | |
| 1 Mar 2015 – 28 Feb 2016 | 130 | ||
| 1 Mar 2014 – 28 Feb 2015 | 201 | Late | |
| 1 Mar 2013 – 28 Feb 2014 | 211 | Late | |
| 1 Mar 2012 – 28 Feb 2013 | 206 | Late | |
| 1 Mar 2011 – 29 Feb 2012 | 215 | Late | |
| 1 Mar 2010 – 28 Feb 2011 | 189 | Late | |
| 1 Mar 2009 – 28 Feb 2010 | 148 | ||
| 1 Mar 2008 – 28 Feb 2009 | 185 | Late | |
| 1 Mar 2007 – 29 Feb 2008 | 160 | ||
| 1 Mar 2006 – 28 Feb 2007 | 162 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Marc Chénier | Current | |
| CEO | Per Emil Hasselbalch Stakemann | ||
| CEO | Jens Østerlund Jensen | ||
| CEO | Henrik Raunkjær | ||
| CEO | Per Viggo Rasmussen | ||
| CEO | Avi Zisman | ||
| CEO | Carl Cassista | ||
| CEO | Richard Anthony Rosselet | ||
| CEO | Danny Pellerin | ||
| CEO | Kirk Anthony Goins | ||
| CEO | Roald Benoit Vincent Greboval | ||
| CEO | Kirk Anthony Goins | ||
| CEO | Roald Benoit Vincent Greboval | ||
| CEO | Richard Anthony Rosselet | ||
| CEO | Roald Benoit Vincent Gréboval | ||
| Board | Peter Andreas Langager | ||
| Board | Ulf Svejgaard Poulsen | ||
| Board | Susanne Saul Stakemann | ||
| Board | Per Emil Hasselbalch Stakemann | ||
| Board | Børge Østerlund | ||
| Board | Jens Østerlund Jensen | ||
| Board | Monika Dora Antje Østerlund | ||
| Board | Jens Gregers Jensen | ||
| Board | David Ross Oliver | ||
| Board | Avi Zisman | ||
| Board | Kurt Johnny Vilhelm Johansson | ||
| Board | Niels-Henrik Hedegaard | ||
| Board | Richard Lee Grenolds | ||
| Board | William Patrick Montague | ||
| Board | Mark Gilbert Barberio | ||
| Board | Richard Anthony Rosselet | ||
| Board | Edward Rae Steele | ||
| Board | Mark Gilbert Barberio | ||
| Board | Andrew Joseph Murray | ||
| Board | Carl Cassista | ||
| Owner (100%) | DRI Europa Aktiebolag | Current | |
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Auditor | Erik Tronborg Andersen | ||
| Auditor | Kpmg C Jespersen I/S | ||
| Auditor | PricewaterhouseCoopers I/S | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | Selskabet af den 4. juli 2016 RVT ApS | ||
| Auditor | Datoselskabet af den 3. juli 2016 RVT P/S | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Founder | Per Emil Hasselbalch Stakemann | Current | |
| Founder | ApS HVKMD 5 NR. 555 | Current | |
| Founder | PEHSB ApS | Current |
The CEOs' other companies
Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt
- "HEDEVANG MØBLER A/S" Bankrupt 27 Nov 1990
- "J.A.M. TRANSPORTBÅND A/S" Bankrupt 18 Aug 1993
- "NELLE'S RENGØRING A/S" Bankrupt 16 Jul 1990
- 'HG 405 PAVIA AF HIRTSHALS ApS' Bankrupt 4 Jul 2007
- 'ZOO-TEX ApS' Bankrupt 25 Nov 2016
- 02 HOLDING A/S Bankrupt 16 Oct 2008
- 09.28 ANNO 2007 ApS Bankrupt 13 Feb 2009
- 1/7 1987 A/S Bankrupt 21 Aug 2003
- 100 GB ApS Bankrupt 5 May 1994
- 11 DESIGN A/S Bankrupt 28 Apr 2015
- 1356 INVEST ApS Bankrupt 8 Apr 2011
- 15/11 1990 A/S Bankrupt 11 Oct 1994
- 15689382 ApS Bankrupt 26 Jun 2017
- 19.09.2021 ApS Bankrupt 8 Dec 2023
- 23/5 914 ApS Bankrupt 25 Jun 1991
- 3 X 65 SERVICE ApS Bankrupt 3 Mar 1997
- 3 X P A/S Bankrupt 10 Sep 1990
- 31.12.2007 X A/S Bankrupt 28 Oct 2008
- 3B DEVELOPMENT GROUP ApS Bankrupt 2 Nov 2006
- 4 FONTANE ApS Bankrupt 2 Oct 2002
- 4A MANAGEMENT ApS Bankrupt 7 May 1992
- 7 9 13 FORSIKRINGSERVICE ApS Bankrupt 20 Mar 2024
- A - INFORMATIK A/S Bankrupt 9 Oct 2013
- A J J FINANS NR. 1 ApS Bankrupt 23 Feb 1995
- A'SHARQ TV ApS Bankrupt 26 Nov 1992
- A-T SPECIALENTREPRICE ApS Bankrupt 3 Aug 2001
- A. K. OLIE ApS Bankrupt 18 Nov 2008
- A. UNO ApS Bankrupt 19 Jan 1996
- A.B. BYG ApS Bankrupt 4 Dec 1996
- A.H. GRAFIK ApS Bankrupt 23 Jan 1990
Jens Østerlund Jensen – 5 other companies
- AIR ALSIE A/S Active
- ALSIE EXPRESS A/S Active
- PBH 25.233 ApS Opløst
- SANDMA HOLDING A/S Active
- SANDMA INVEST ApS Active
Henrik Raunkjær – 24 other companies, of which 4 bankrupt
- BRANDFOCUS A/S Bankrupt 13 Jul 2007
- DS af 28. december 2015 ApS Bankrupt 28 Dec 2015
- LEANECO A/S Bankrupt 9 Apr 2018
- SIDIS ENGINEERING ApS Bankrupt 7 Feb 2018
- 2CE INVEST A/S Active
- AIR ALSIE A/S Active
- ANETTE HASBO HADERSLEV A/S Opløst
- BLUE WAVE A/S Active
- DANFOSS GLOBAL SALES A/S Fusioneret
- DANFOSS SI AF 25. JUNI 2010 A/S Fusioneret
- EGENTO ApS Opløst
- EMBEDIT A/S Fusioneret
- HASBO HOLDING ApS Active
- HERA HOLDING DANMARK A/S Active
- HOLTEC AUTOMATIC - SYD A/S Fusioneret
- Holtec A/S Fusioneret
- LOHFF MANAGEMENT CONSULTANTS ApS Active
- MERMAID HOLDING AF 14.3.2007 A/S Opløst
- Neocortec A/S Active
- PLR PRODUCTION ApS Active
- SØNDERBORG PLAST A/S Fusioneret
- Tentoma A/S Active
- UNOTECH A/S Fusioneret
- Wygwam Danmark A/S Active
Address history (5 moves)
| Kirke Værløsevej 14, 1., 3500 Værløse | |
| Kirke Værløsevej 14, 1., 3500 Værløse | |
| Ulkebøldam 1, 6400 Sønderborg | |
| Damvang 2, 6400 Sønderborg | |
| Damvang 2, 6400 Sønderborg | |
| Damvang, 6400 Sønderborg |
Former names
| LTG Rail Denmark ApS | – now |
| FOCON ELECTRONIC SYSTEMS ApS | – |
| FOCON ELECTRONIC SYSTEMS A/S | – |
| A/S PSE NR. 2281 | – |
Employees per year
Other companies at the same address
- ANALYTICAL INSTRUMENTS A/S Bankrupt
- DATAPRO DANMARK A/S Bankrupt
- DATAPRO DEVELOPMENT A/S Bankrupt
- DOMIPLEX ApS Bankrupt
- IT Training ApS Bankrupt
- MULLHOUSE A/S Bankrupt
- Aurig - Mennesker i vækst ApS Opløst
- BANKE-ERIKSEN HOLDING ApS Active
- BOJO ApS Compulsorily dissolved
- Connector Design ApS Active
- DATAPRO GRUPPEN A/S Compulsorily dissolved
- GI-NetWorks A/S Active
- HUBER+SUHNER A/S Opløst
- Hjælperytteren ApS Active
- Højdespringeren ApS Active
- M-DATA AF 1. AUGUST 1995 ApS Compulsorily dissolved
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Questions and answers about LTG Rail Denmark ApS
Has LTG Rail Denmark ApS gone bankrupt?
No, LTG Rail Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of LTG Rail Denmark ApS?
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 LTG Rail Denmark ApS?
Marc Chénier is the CEO of LTG Rail Denmark ApS.
Who is the auditor of LTG Rail Denmark ApS?
LTG Rail Denmark ApS most recently used Beierholm Godkendt Revisionspartnerselskab.
When was LTG Rail Denmark ApS founded?
LTG Rail Denmark ApS was founded on 1 February 1987.
What is the equity of LTG Rail Denmark ApS?
Equity was DKK 126.0m according to the annual report for the period ending 28 February 2026.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.