CORTLAND ApS

CVR 17818945 · Private limited company (ApS) · Active · Low risk

CORTLAND ApS is a Private limited company (ApS), founded on , based in Løgstør. The company is registered in the industry agenturhandel med ikke-specialiseret varesortiment. 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 5 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 19.2m and a net result of DKK 1.4m. CEO: Torben Larche.

Bankruptcy risk for CORTLAND ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · 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
17818945
Status
Active
Company type
Private limited company (ApS)
Founded
(32 years)
Address
Toftebjerg Alle 6
9670 Løgstør
Municipality
Vesthimmerlands
Industry
Agenturhandel med ikke-specialiseret varesortiment (461900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2003)
Auditor
Danrevi Løgstør
Audit opted out
No

Warning signs

Annual reports filed late15 of 30
Missing annual reportNo
Negative equityNo
Equity ratio85.6%
Current ratio67%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies3
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 73kDKK 161kDKK 58k
Net profitDKK 1.4mDKK 2.1mDKK 1.9m
EquityDKK 19.2mDKK 17.7mDKK 15.6m
Total assetsDKK 22.4mDKK 21.0mDKK 17.9m
CashDKK 349kDKK 141k–
Short-term debtDKK 2.8mDKK 2.7m–
Tax owedDKK 166kDKK 96k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DLBR Revision, Godkendt revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025191 Late
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023191 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021166
1 Oct 2019 – 30 Sep 2020149
1 Oct 2018 – 30 Sep 2019171
1 Oct 2017 – 30 Sep 2018165
1 Oct 2016 – 30 Sep 2017185 Late
1 Oct 2015 – 30 Sep 2016161
1 Oct 2014 – 30 Sep 2015173
1 Oct 2013 – 30 Sep 2014197 Late
1 May 2012 – 30 Sep 2013179
1 May 2011 – 30 Apr 2012179
1 May 2010 – 30 Apr 2011172
1 May 2009 – 30 Apr 2010172
1 May 2008 – 30 Apr 2009158
1 May 2007 – 30 Apr 2008166
1 May 2006 – 30 Apr 2007163
1 May 2005 – 30 Apr 2006196 Late

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
CEOTorben LarcheCurrent
CEOTorben Larche
CEOLone Merete Abdene
CEOTorben Larche
CEOSimon Rex Larche
CEOAnita Michelle Larche
Owner (100%)Alice LarcheCurrent
AuditorDanrevi LøgstørCurrent
AuditorK & N INVEST ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
FounderAlice LarcheCurrent

The CEOs' other companies

Torben Larche – 12 other companies, of which 5 bankrupt

Lone Merete Abdene – 1 other companies, of which 1 bankrupt

Simon Rex Larche – 3 other companies

Anita Michelle Larche – 5 other companies

Address history (5 moves)

Toftebjerg Alle 6, 9670 Løgstør
Ulriksdalsvej 19, 8800 Viborg
Mariendalsvej 7B, 8800 Viborg
Ulriksdalsvej 4, 8800 Viborg
Egebjergvej 96, 4200 Slagelse
Ulriksdalsvej 19, 8800 Viborg

Employees per year

Number of employees at CORTLAND ApS per year232002: 320022003: 02003

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about CORTLAND ApS

Has CORTLAND ApS gone bankrupt?

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

What is the bankruptcy risk of CORTLAND 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 CORTLAND ApS?

Torben Larche is the CEO of CORTLAND ApS.

Who is the auditor of CORTLAND ApS?

CORTLAND ApS most recently used Danrevi Løgstør.

When was CORTLAND ApS founded?

CORTLAND ApS was founded on 25 May 1994.

What is the equity of CORTLAND ApS?

Equity was DKK 19.2m according to the annual report for the period ending 30 September 2025.

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