LYTH & HESSELHOLT SKAGEN A/S

CVR 10865107 · Public limited company (A/S) · Active · Low risk

LYTH & HESSELHOLT SKAGEN A/S is a Public limited company (A/S), founded on , based in Skagen. The company is registered in the industry detailhandel med andre nye varer. 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 646k and a net result of DKK 153k. CEO: Jørn Lyth.

Bankruptcy risk for LYTH & HESSELHOLT SKAGEN 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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
10865107
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Håndværkervej 11
9990 Skagen
Municipality
Frederikshavn
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio12.7%
Current ratio77%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -107kDKK -27kDKK -41k
Net profitDKK 153kDKK 169kDKK -215k
EquityDKK 646kDKK 493kDKK 324k
Total assetsDKK 5.1mDKK 4.9mDKK 4.8m
CashDKK 531kDKK 290k–
Short-term debtDKK 4.4mDKK 4.4m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 202499
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 202199
1 Jan 2020 – 31 Dec 202099
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 201872
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 201695
1 Jan 2015 – 31 Dec 2015132
1 Jan 2014 – 31 Dec 2014141
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011135
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009131
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006150

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
CEOJørn LythCurrent
CEORita Christiansen Lyth
BoardJørn LythCurrent
BoardLine Andrea LythCurrent
BoardRita Christiansen LythCurrent
BoardOle Christophersen
BoardIben Marlene Andersen Lyth
Owner (100%)LYTH HOLDING ApSCurrent
AuditorStatsaut. revisor Ove Beier Je nsen
AuditorJYDSK REVISIONSINSTITUT I/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderJørn LythCurrent

The CEOs' other companies

Jørn Lyth – 7 other companies, of which 2 bankrupt

Rita Christiansen Lyth – 2 other companies

Address history (1 moves)

Håndværkervej 11, 9990 Skagen
Håndværkervej 11, 9990 Skagen

Former names

LYTH & HESSELHOLT SKAGEN A/S – now
JØRN LYTH SKAGEN A/S –

Employees per year

Number of employees at LYTH & HESSELHOLT SKAGEN A/S per year9172011: 1720112012: 1520122013: 1620132014: 220142015: 220152016: 320162017: 220172018: 22018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about LYTH & HESSELHOLT SKAGEN A/S

Has LYTH & HESSELHOLT SKAGEN A/S gone bankrupt?

No, LYTH & HESSELHOLT SKAGEN A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LYTH & HESSELHOLT SKAGEN 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 LYTH & HESSELHOLT SKAGEN A/S?

Jørn Lyth is the CEO of LYTH & HESSELHOLT SKAGEN A/S.

Who is the auditor of LYTH & HESSELHOLT SKAGEN A/S?

LYTH & HESSELHOLT SKAGEN A/S most recently used Beierholm.

When was LYTH & HESSELHOLT SKAGEN A/S founded?

LYTH & HESSELHOLT SKAGEN A/S was founded on 2 January 1987.

What is the equity of LYTH & HESSELHOLT SKAGEN A/S?

Equity was DKK 646k 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.