LMTN Holding ApS

CVR 19482189 · Private limited company (ApS) · Active · Low risk

LMTN Holding ApS is a Private limited company (ApS), founded on , based in Odense N. 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 May 2026) shows equity of DKK 73.4m and a net result of DKK -131k.

Bankruptcy risk for LMTN Holding ApS

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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
19482189
Status
Active
Company type
Private limited company (ApS)
Founded
(30 years)
Address
c/o Lotte og Martin Herstal, Store Klaus 10
5270 Odense N
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Employees
4 (2018)
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio88.1%
Current ratio633%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -47kDKK -156kDKK -71k
Net profitDKK -131kDKK -50kDKK -3.1m
EquityDKK 73.4mDKK 73.6mDKK 73.6m
Total assetsDKK 83.4mDKK 83.4mDKK 83.6m
CashDKK 577DKK 10k–
Short-term debtDKK 9.9mDKK 9.8m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2025 – 31 May 2026103
1 Jun 2024 – 31 May 2025118
1 Jun 2023 – 31 May 2024123
1 Jun 2022 – 31 May 2023146
1 Jun 2021 – 31 May 2022167
1 Jun 2020 – 31 May 2021157
1 Jun 2019 – 31 May 2020150
1 Jun 2018 – 31 May 201954
1 Jun 2017 – 31 May 2018165
1 Jun 2016 – 31 May 2017154
1 Jun 2015 – 31 May 2016157
1 Jun 2014 – 31 May 2015163
1 Jun 2013 – 31 May 2014186 Late
1 Jun 2012 – 31 May 2013161
1 Jun 2011 – 31 May 2012159
1 Jun 2010 – 31 May 2011155
1 Jun 2009 – 31 May 2010160
1 Jun 2008 – 31 May 2009169
1 Jun 2007 – 31 May 2008162
1 Jun 2006 – 31 May 2007126

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
CEOMartin Herstal
CEOJacob Stig Blomberg
CEOJacob Stig Blomberg
BoardMartin HerstalCurrent
BoardLotte Baaring HerstalCurrent
BoardPer Søgaard
BoardMartin Herstal
BoardLotte Baaring Herstal
BoardHenrik Grønning
BoardJan Bjærre
BoardJacob Stig Blomberg
BoardMichael Serup
BoardPeter Eriksen Jensen
BoardSteen Overholdt Hansen
BoardPalle Larsen
BoardMorten Jørgensen
BoardNiclas Nybroe Herstal
BoardTine Seehausen Knudsen
Owner (100%)Martin HerstalCurrent
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderMartin HerstalCurrent

The CEOs' other companies

Martin Herstal – 9 other companies, of which 1 bankrupt

Jacob Stig Blomberg – 14 other companies, of which 1 bankrupt

Address history (5 moves)

c/o Lotte og Martin Herstal, Store Klaus 10, 5270 Odense N
c/o Herstal A/S, Rødegårdsvej 209C, 1., 5230 Odense M
c/o Herstal A/S, Telehøjen 1, 5220 Odense SØ
c/o Herstal Lampe Design A/S, Datavej 3, 5220 Odense SØ
Stenhuggervej 7, 5230 Odense M
Jernbanegade 14, 5000 Odense C

Former names

LMTN Holding ApS – now
HERSTAL HOLDING ApS –

Employees per year

Number of employees at LMTN Holding ApS per year362011: 220112012: 420122013: 420132014: 420142015: 520152016: 620162017: 420172018: 42018

Other companies at the same address

Similar companies in Odense

Questions and answers about LMTN Holding ApS

Has LMTN Holding ApS gone bankrupt?

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

What is the bankruptcy risk of LMTN Holding 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 auditor of LMTN Holding ApS?

LMTN Holding ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was LMTN Holding ApS founded?

LMTN Holding ApS was founded on 22 August 1996.

What is the equity of LMTN Holding ApS?

Equity was DKK 73.4m according to the annual report for the period ending 31 May 2026.

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