LM HOLDING. HERNING A/S

CVR 13981795 · Public limited company (A/S) · Active · Low risk

LM HOLDING. HERNING A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.7m and a net result of DKK 90k. CEO: Frands Ellersgaard.

Bankruptcy risk for LM HOLDING. HERNING A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
13981795
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Fonnesbechsgade 18A, 2.
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.0m
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio52.6%
Current ratio193%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -12kDKK -9,375
Net profitDKK 90kDKK -153k
EquityDKK 3.7mDKK 3.6m
Total assetsDKK 7.0mDKK 6.8m
CashDKK 81k–
Short-term debtDKK 3.3m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020109
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 201881
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 201483
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011158
1 Jan 2010 – 31 Dec 2010201 Late
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006164

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
CEOFrands EllersgaardCurrent
CEOJens Ellersgaard
CEOHenrik Calum
CEOMichael Buus
BoardJens EllersgaardCurrent
BoardFrands EllersgaardCurrent
BoardPia LarsenCurrent
BoardBørge Nielsen
BoardMichael Buus
BoardFlemming Rohde
BoardJens Højmose Kristensen
BoardJens Højmose Kristensen
BoardJens Michael Vester Jørgensen
BoardJørgen Boel Almberg
Owner (33%)Pia LarsenCurrent
Owner (50%)FRANDS ELLERSGAARD HOLDING ApSCurrent
AuditorAKTIESELSKABET AF 2/10 1995
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB EN & NHC
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHenrik CalumCurrent

The CEOs' other companies

Frands Ellersgaard – 9 other companies, of which 2 bankrupt

Jens Ellersgaard – 12 other companies, of which 3 bankrupt

Henrik Calum – 59 other companies, of which 59 bankrupt

Michael Buus – 2 other companies

Address history (1 moves)

Fonnesbechsgade 18A, 2., 7400 Herning
HI-Park 411, 7400 Herning

Former names

LM HOLDING. HERNING A/S – now
LIND FINANS A/S –
IM-TOOLS A/S –
BOPH NR. 103 ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about LM HOLDING. HERNING A/S

Has LM HOLDING. HERNING A/S gone bankrupt?

No, LM HOLDING. HERNING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LM HOLDING. HERNING 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 LM HOLDING. HERNING A/S?

Frands Ellersgaard is the CEO of LM HOLDING. HERNING A/S.

Who is the auditor of LM HOLDING. HERNING A/S?

LM HOLDING. HERNING A/S most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was LM HOLDING. HERNING A/S founded?

LM HOLDING. HERNING A/S was founded on 5 March 1990.

What is the equity of LM HOLDING. HERNING A/S?

Equity was DKK 3.7m 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.