LETH BETON A/S

CVR 17024531 · Public limited company (A/S) · Active · Low risk

LETH BETON A/S is a Public limited company (A/S), founded on , based in Bedsted Thy. The company is registered in the industry fremstilling af byggematerialer af beton. 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 42.0m and a net result of DKK -4.3m. CEO: Henrik Egelund Olsen.

Bankruptcy risk for LETH BETON 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

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
17024531
Status
Active
Company type
Public limited company (A/S)
Founded
(33 years)
Address
Rishøjvej 26
7755 Bedsted Thy
Municipality
Thisted
Industry
Fremstilling af byggematerialer af beton (236100)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 500k
Employees
129 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio23.7%
Current ratio82%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.1mDKK 11.9mDKK 37.0m
Net profitDKK -4.3mDKK -1.9mDKK 18.5m
EquityDKK 42.0mDKK 46.2mDKK 50.2m
Total assetsDKK 177.4mDKK 190.2mDKK 170.1m
Short-term debtDKK 86.4mDKK 88.2m–
Avg. employees196209–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 202255
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 201878
1 Jan 2017 – 31 Dec 201765
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 201598
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 201178
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007155
1 Jan 2006 – 31 Dec 200666

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
CEOHenrik Egelund OlsenCurrent
CEOPreben Bang Henriksen
CEOOle Leth
BoardMarianne Renner Kvistgaard LethCurrent
BoardHenrik Egelund OlsenCurrent
BoardRasmus Kvistgaard LethCurrent
BoardOle LethCurrent
BoardHans Arne Lund-Sørensen
BoardPreben Bang Henriksen
BoardMogens Gaardboe Bertelsen
BoardNiels Lauge Grauslund
BoardJens Peter Jensen
BoardHans Leth
BoardGunnar Vagn Møller
BoardOle Leth
BoardLone Mai Henriksen
BoardJørn Richter
BoardFolmer Rud Hansen
BoardKenneth Aagaard
BoardFolmer Rud Hansen
BoardPeter Spøer
BoardFolmer Rud Hansen
BoardPeter Spøer
Owner (20%)VMS Holding ApSCurrent
Owner (67%)Kvistgaard Leth Holding 2025 ApSCurrent
Owner (100%)Kvistgaard Leth Holding ApS
Owner (67%)Kvistgaard Leth Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorINVESTERINGSSELSKABET AF 26/10 1998. NYKØBING MORS A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPSR I/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPreben Bang HenriksenCurrent
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent
FounderASX 11.868 A/SCurrent

The CEOs' other companies

Henrik Egelund Olsen – 1 other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Ole Leth – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Rishøjvej 26, 7755 Bedsted Thy
Rishøjvej 26, 7755 Bedsted Thy

Former names

LETH BETON A/S – now
SLP NR. 10.906 A/S –

Employees per year

Number of employees at LETH BETON A/S per year651292011: 5820112012: 6820122013: 5620132014: 6720142015: 7020152016: 8920162017: 9620172018: 1292018

Similar companies in Thisted

Questions and answers about LETH BETON A/S

Has LETH BETON A/S gone bankrupt?

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

What is the bankruptcy risk of LETH BETON 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 LETH BETON A/S?

Henrik Egelund Olsen is the CEO of LETH BETON A/S.

Who is the auditor of LETH BETON A/S?

LETH BETON A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was LETH BETON A/S founded?

LETH BETON A/S was founded on 1 June 1993.

What is the equity of LETH BETON A/S?

Equity was DKK 42.0m 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.