L.G.C. ELECTRIC ApS

CVR 20156783 · Private limited company (ApS) · Active · Low risk

L.G.C. ELECTRIC ApS is a Private limited company (ApS), founded on , based in Them. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 124k and a net result of DKK -59k. CEO: Georg Balle.

Bankruptcy risk for L.G.C. ELECTRIC ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
20156783
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
c/o Georg Balle, Askevej 2
8653 Them
Municipality
Silkeborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
1 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 29
Missing annual reportNo
Negative equityNo
Equity ratio66.6%
Current ratio300%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -44kDKK 5,604
Net profitDKK -59kDKK 4,295
EquityDKK 124kDKK 182k
Total assetsDKK 185kDKK 291k
CashDKK 10k–
Short-term debtDKK 62k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020161
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 201895
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 2016130
1 Jan 2015 – 31 Dec 2015130
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009137
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007128
1 Jan 2006 – 31 Dec 2006150

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
CEOGeorg BalleCurrent
Owner (100%)Georg BalleCurrent
AuditorREVISION AARHUS REGISTREREDE REVISORER A/S
Auditor3 STK ApS
FounderGeorg BalleCurrent

Address history (2 moves)

c/o Georg Balle, Askevej 2, 8653 Them
Enebærvænget 1, 8600 Silkeborg
Enebærvænget 1, 8600 Silkeborg

Employees per year

Number of employees at L.G.C. ELECTRIC ApS per year242011: 420112012: 320122013: 320132014: 320142015: 320152016: 220162017: 120172018: 12018

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Questions and answers about L.G.C. ELECTRIC ApS

Has L.G.C. ELECTRIC ApS gone bankrupt?

No, L.G.C. ELECTRIC ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of L.G.C. ELECTRIC ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of L.G.C. ELECTRIC ApS?

Georg Balle is the CEO of L.G.C. ELECTRIC ApS.

Who is the auditor of L.G.C. ELECTRIC ApS?

L.G.C. ELECTRIC ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was L.G.C. ELECTRIC ApS founded?

L.G.C. ELECTRIC ApS was founded on 20 June 1997.

What is the equity of L.G.C. ELECTRIC ApS?

Equity was DKK 124k 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.