VPN-DESIGN ApS

CVR 19092518 · Private limited company (ApS) · Active · Low risk

VPN-DESIGN ApS is a Private limited company (ApS), founded on 29 December 1975, based in Haslev. The company is registered in the industry reparation og vedligeholdelse af computere og kommunikationsudstyr. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 121k and a net result of DKK 125k. CEO: Lars Thorsen Elgaard.

Bankruptcy risk for VPN-DESIGN 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 bankruptcies2 · bankruptcy rate 16.6%1.9×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×

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×

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: 19092518
Status: Active
Company type: Private limited company (ApS)
Founded: 29 December 1975 (50 years)
Address: Troelstrupvej 23
4690 Haslev
Municipality: Faxe
Industry: Reparation og vedligeholdelse af computere og kommunikationsudstyr (951000)
Bankruptcies in the industry: Reparation af andre varer til personligt brug og husholdningsbrug
Share capital: DKK 20k
Employees: 0 (2017)
Auditor: Vendia Revision og Regnskab
Audit opted out: Yes

Warning signs

Annual reports filed late	7 of 31
Missing annual report	No
Negative equity	No
Equity ratio	42.0%
Current ratio	172%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	2
Other companies at the address	1
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 876k	DKK 46k
Net profit	DKK 125k	DKK 207k
Equity	DKK 121k	DKK -3,294
Total assets	DKK 289k	DKK 113k
Cash	DKK 120k	–
Short-term debt	DKK 168k	–
Tax owed	DKK 36k	–
Avg. employees	1	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Vendia Revision og Regnskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	26 Jan 2026	26
1 Jan 2024 – 31 Dec 2024	2 Jul 2025	183
1 Jan 2023 – 31 Dec 2023	17 Jun 2024	169
1 Jan 2022 – 31 Dec 2022	10 Jul 2023	191	Late
1 Oct 2020 – 31 Dec 2021	1 Jul 2022	182
1 Oct 2019 – 30 Sep 2020	1 Mar 2021	152
1 Oct 2018 – 30 Sep 2019	7 Mar 2020	159
1 Oct 2017 – 30 Sep 2018	8 Mar 2019	159
1 Oct 2016 – 30 Sep 2017	15 Mar 2018	166
1 Oct 2015 – 30 Sep 2016	2 Mar 2017	153
1 Oct 2014 – 30 Sep 2015	9 Mar 2016	161
1 Oct 2013 – 30 Sep 2014	29 Apr 2015	211	Late
1 Oct 2012 – 30 Sep 2013	16 Mar 2014	167
1 Oct 2011 – 30 Sep 2012	24 Apr 2013	206	Late
1 Oct 2010 – 30 Sep 2011	27 Mar 2012	179
1 Oct 2009 – 30 Sep 2010	4 Apr 2011	186	Late
1 Oct 2008 – 30 Sep 2009	10 Feb 2010	133
1 Oct 2007 – 30 Sep 2008	18 Mar 2009	169
1 Oct 2006 – 30 Sep 2007	17 Mar 2008	169
1 Oct 2005 – 30 Sep 2006	18 Mar 2007	169

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

Role	Name	From	To
CEO	Lars Thorsen Elgaard	4 Sep 2001	Current
CEO	Erik Bøgesø	29 Dec 1975	23 Sep 1991
CEO	Gervid Thure Christensen Green	29 Dec 1975	4 Sep 2001
Owner (100%)	Lars Thorsen Elgaard	17 Nov 2015	Current
Auditor	Reidar Bjaaland Larsen	29 Dec 1975	23 Sep 1991
Auditor	Poul Neumeyer	29 Dec 1975	9 Dec 1998
Auditor	Green IV ApS	29 Dec 1975	5 Apr 1991
Auditor	Revisionsfirmaet Conrevi ApS	9 Dec 1998	30 Mar 2000
Auditor	K.P.N. REVISION ApS	30 Mar 2000	27 Nov 2000
Auditor	ULLA RAHF ApS	27 Nov 2000	24 Feb 2001
Auditor	N & P REVISION ApS	24 Feb 2001	4 Sep 2001
Auditor	REVISION 1-2-3 ApS	4 Sep 2001	3 Mar 2014

The CEOs' other companies

Lars Thorsen Elgaard – 3 other companies, of which 2 bankrupt

LTE 2024 ApS Bankrupt 2 Aug 2024
NORDKØD EFTF. ApS Bankrupt 24 Aug 2016
CW PARTNER ApS Active

Erik Bøgesø – 1 other companies

DEA GRUPPEN DANSK EJENDOMSANALYSE ApS Opløst

Address history (4 moves)

25 Oct 2007	Troelstrupvej 23, 4690 Haslev
1 Jan 2007	Bregentvedvej 29, 4690 Haslev
25 Oct 2004	Bregentvedvej 29, 4690 Haslev
4 Sep 2001	Gartnervænget 16, 3660 Stenløse
29 Dec 1975	Industrimarken 14, 3300 Frederiksværk

Former names

VPN-DESIGN ApS	4 Sep 2001 – now
GERVIDS AUTOLAK ApS	24 Sep 1991 – 3 Sep 2001
E.B. EL-ANLÆG ApS	29 Dec 1975 – 23 Sep 1991

Employees per year

Other companies at the same address

NORDKØD EFTF. ApS Bankrupt

Questions and answers about VPN-DESIGN ApS

Has VPN-DESIGN ApS gone bankrupt?

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

What is the bankruptcy risk of VPN-DESIGN 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 VPN-DESIGN ApS?

Lars Thorsen Elgaard is the CEO of VPN-DESIGN ApS.

Who is the auditor of VPN-DESIGN ApS?

VPN-DESIGN ApS most recently used Vendia Revision og Regnskab.

When was VPN-DESIGN ApS founded?

VPN-DESIGN ApS was founded on 29 December 1975.

What is the equity of VPN-DESIGN ApS?

Equity was DKK 121k 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.