Lundvej 20 ApS

CVR 20904771 · Private limited company (ApS) · Active · Low risk

Lundvej 20 ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 6.0m and a net result of DKK 360k. CEO: Lars Olsen.

Bankruptcy risk for Lundvej 20 ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
20904771
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Lundvej 20
8800 Viborg
Municipality
Viborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
0 (2015)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 28
Missing annual reportNo
Negative equityNo
Equity ratio36.6%
Current ratio136%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 566kDKK 620k
Net profitDKK 360kDKK 206k
EquityDKK 6.0mDKK 5.7m
Total assetsDKK 16.5mDKK 16.9m
CashDKK 0–
Short-term debtDKK 3.0m–
Tax owedDKK 53k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202557
1 Jan 2024 – 31 Dec 202430
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 202112
1 Jan 2020 – 31 Dec 202039
1 Jan 2019 – 31 Dec 2019280 Late
1 Jan 2018 – 31 Dec 2018175
1 Jan 2017 – 31 Dec 2017180
1 Jan 2016 – 31 Dec 2016174
1 Jan 2015 – 31 Dec 2015179
1 Jan 2014 – 31 Dec 2014188 Late
1 Jan 2013 – 31 Dec 2013181
1 Jan 2012 – 31 Dec 2012172
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009173
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006168

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
CEOLars OlsenCurrent
BoardNiels Jørgen Villadsen
BoardLars Olsen
BoardSøren René Hasselager Petersen
BoardTina Bach
BoardKarsten Jensen
BoardRikke Brorson
BoardMichael Kristensen
Owner (100%)LARS OLSEN HOLDING REGISTRERET REVISIONSANPARTSSELSKABCurrent
AuditorNVR STRUER A/S
Auditor3H Revision, Statsautoriseret revisor
Auditor3 H REVISION, GODKENDT REVISIONSPARTNERSELSKAB
Auditor3H Revision, Statsautoriseret revisor
AuditorRevisionsHuset Viborg v/Leif Aasten
FounderLars OlsenCurrent

The CEOs' other companies

Lars Olsen – 16 other companies, of which 4 bankrupt

Address history (2 moves)

Lundvej 20, 8800 Viborg
Lundvej 20, 8800 Viborg
Falkevej 19, 8800 Viborg

Former names

Lundvej 20 ApS – now
REVISIONSFIRMAET LARS OLSEN REGISTRERET REVISIONSAKTIESELSKAB –

Employees per year

Number of employees at Lundvej 20 ApS per year7142007: 1120072008: 920082009: 1420092011: 1220112012: 1120122013: 1120132014: 1220142015: 02015

Other companies at the same address

Similar companies in Viborg

Questions and answers about Lundvej 20 ApS

Has Lundvej 20 ApS gone bankrupt?

No, Lundvej 20 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Lundvej 20 ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Lundvej 20 ApS?

Lars Olsen is the CEO of Lundvej 20 ApS.

When was Lundvej 20 ApS founded?

Lundvej 20 ApS was founded on 18 May 1998.

What is the equity of Lundvej 20 ApS?

Equity was DKK 6.0m 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.