LARSEN STRINGS A/S

CVR 18623749 · Public limited company (A/S) · Active · Low risk

LARSEN STRINGS A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry fremstilling af musikinstrumenter. 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 53.3m and a net result of DKK 1.9m. CEO: Thomas Petersen.

Bankruptcy risk for LARSEN STRINGS 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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
18623749
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
Ingolf Nielsens Vej 14A
6400 Sønderborg
Municipality
Sønderborg
Industry
Fremstilling af musikinstrumenter (322000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 500k
Employees
24 (2018)
Auditor
SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio64.2%
Current ratio80%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 31.7mDKK 31.4m
Net profitDKK 1.9mDKK 5.7m
EquityDKK 53.3mDKK 53.4m
Total assetsDKK 83.0mDKK 76.5m
CashDKK 491k–
Short-term debtDKK 27.8m–
Avg. employees29–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202584
1 Jan 2024 – 31 Dec 202483
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202170
1 Jan 2020 – 31 Dec 202074
1 Jan 2019 – 31 Dec 2019106
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 201681
1 Jan 2015 – 31 Dec 201555
1 Jan 2014 – 31 Dec 201457
1 Jan 2013 – 31 Dec 201355
1 Jan 2012 – 31 Dec 201242
1 Jan 2011 – 31 Dec 201157
1 Jan 2010 – 31 Dec 201074
1 Jan 2009 – 31 Dec 2009136
1 Jan 2008 – 31 Dec 200857
1 Jan 2007 – 31 Dec 200792
1 Jan 2006 – 31 Dec 200656

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
CEOThomas PetersenCurrent
CEOLaurits Thorvald Larsen
CEOMorten Drasbek
CEOLaurits Thorvald Larsen
CEOLaurits Thorvald Larsen
BoardLaurits Thorvald LarsenCurrent
BoardMarius Hviid LarsenCurrent
BoardTheiss Ditlev StenstrømCurrent
BoardWinfried HollCurrent
BoardNina Maria Varming-PetersenCurrent
BoardJan Wilken Horneman
BoardJørgen Larsen
BoardJørn Nielsen
BoardKjeld Stærk
BoardKarsten Vinther
BoardBjørn Michael Rydder
BoardLars Martens Clausen
BoardKjeld Stærk
BoardJørn Westermann-Rasmussen
BoardTheiss Ditlev Stenstrøm
BoardRene Kalm Johannsen
Owner (100%)LARSEN STRINGS HOLDING ApSCurrent
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorNiels Kristian Ladefoged
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLaurits Thorvald LarsenCurrent

The CEOs' other companies

Thomas Petersen – 1 other companies

Laurits Thorvald Larsen – 2 other companies

Morten Drasbek – 2 other companies, of which 1 bankrupt

Address history (4 moves)

Ingolf Nielsens Vej 14A, 6400 Sønderborg
Ingolf Nielsens Vej 14A, 6400 Sønderborg
Elholm 6, 6400 Sønderborg
Egelykke 3, 6400 Sønderborg
Egelykke 3, 6400 Sønderborg

Employees per year

Number of employees at LARSEN STRINGS A/S per year12242011: 2420112012: 2420122013: 1920132014: 2020142015: 2020152016: 2420162017: 2220172018: 242018

Other companies at the same address

Questions and answers about LARSEN STRINGS A/S

Has LARSEN STRINGS A/S gone bankrupt?

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

What is the bankruptcy risk of LARSEN STRINGS 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 LARSEN STRINGS A/S?

Thomas Petersen is the CEO of LARSEN STRINGS A/S.

Who is the auditor of LARSEN STRINGS A/S?

LARSEN STRINGS A/S most recently used SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was LARSEN STRINGS A/S founded?

LARSEN STRINGS A/S was founded on 26 May 1995.

What is the equity of LARSEN STRINGS A/S?

Equity was DKK 53.3m 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.