VITROLINE ApS

CVR 13918600 · Private limited company (ApS) · Active · Low risk

VITROLINE ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -2.6m and a net result of DKK -1.0m. CEO: Joan Lyn.

Bankruptcy risk for VITROLINE ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
13918600
Status
Active
Company type
Private limited company (ApS)
Founded
(36 years)
Address
c/o joan lyn, Fyrhøjvej 24
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
5 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-82.0%
Current ratio83%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 1.8m
Net profitDKK -1.0mDKK -1.1m
EquityDKK -2.6mDKK -1.5m
Total assetsDKK 3.1mDKK 3.5m
CashDKK 352–
Short-term debtDKK 3.6m–
Tax owedDKK 0–
Avg. employees3–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025188 Late
1 Jul 2023 – 30 Jun 2024190 Late
1 Jul 2022 – 30 Jun 2023199 Late
1 Jul 2021 – 30 Jun 2022175
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020169
1 Jul 2018 – 30 Jun 2019163
1 Jul 2017 – 30 Jun 2018184 Late
1 Jul 2016 – 30 Jun 2017175
1 Jul 2015 – 30 Jun 2016168
1 Jul 2014 – 30 Jun 2015164
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013157
1 Jul 2011 – 30 Jun 2012155
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009168
1 Jul 2007 – 30 Jun 2008168
1 Jul 2006 – 30 Jun 2007150
1 Jul 2005 – 30 Jun 2006151

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
CEOJoan LynCurrent
CEOSusanne Saul Stakemann
CEOOle Hendriksen
CEOMichael Dennis Bendtsen
BoardPer Emil Hasselbalch Stakemann
BoardCharlotte Kindt Berg
BoardFinn Bagge
Owner (50%)Joan LynCurrent
Owner (50%)LYN HOLDING ApSCurrent
Owner (25%)MLB INVEST ApS
Owner (25%)LYN HOLDING ApS
AuditorErik Tronborg Andersen
AuditorEY Danmark A/S
AuditorREVISIONSFIRMAET E DEIBORG I/S
AuditorREGISTRERET REVISOR HENRIK KROG-JENSEN
AuditorARNE JENSEN, REVISIONS- OG REGNSKABSSERVICE ApS
AuditorADVISOR-REVISION STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorDATAREVISION FRR V/PER LARSEN
FounderVX 20.181 ApSCurrent

The CEOs' other companies

Joan Lyn – 8 other companies

Susanne Saul Stakemann – 60 other companies, of which 60 bankrupt

Ole Hendriksen – 3 other companies, of which 1 bankrupt

Michael Dennis Bendtsen – 7 other companies

Address history (4 moves)

c/o joan lyn, Fyrhøjvej 24, 2800 Kongens Lyngby
Maglebjergvej 6, st., 2800 Kongens Lyngby
Generatorvej 45, 2860 Søborg
Generatorvej 45, 2730 Herlev
Wesselsmindevej 8, 2850 Nærum

Former names

VITROLINE ApS – now
OLE HUBEI INTERNATIONAL ApS –
ApS KBIL 38 1184 –

Employees per year

Number of employees at VITROLINE ApS per year362011: 420112012: 420122013: 520132014: 620142015: 420152016: 420162017: 420172018: 52018

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about VITROLINE ApS

Has VITROLINE ApS gone bankrupt?

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

What is the bankruptcy risk of VITROLINE ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of VITROLINE ApS?

Joan Lyn is the CEO of VITROLINE ApS.

Who is the auditor of VITROLINE ApS?

VITROLINE ApS most recently used Beierholm.

When was VITROLINE ApS founded?

VITROLINE ApS was founded on 1 January 1990.

What is the equity of VITROLINE ApS?

Equity was DKK -2.6m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.