GLARMESTER KURT LYKKE ApS

CVR 20974370 · Private limited company (ApS) · Active · Low risk

GLARMESTER KURT LYKKE ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry glarmesteraktiviteter. 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 1.2m and a net result of DKK 11k. CEO: Kurt Lykke.

Bankruptcy risk for GLARMESTER KURT LYKKE 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
20974370
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Silkeborgvej 20
7400 Herning
Municipality
Herning
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio98.1%
Current ratio5,318%
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 -7,400DKK -7,875
Net profitDKK 11kDKK 25k
EquityDKK 1.2mDKK 1.3m
Total assetsDKK 1.2mDKK 1.3m
CashDKK 1.2m–
Short-term debtDKK 23k–
Tax owedDKK 3,036–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202534
1 Jan 2024 – 31 Dec 202434
1 Jan 2023 – 31 Dec 2023102
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 2021117
1 Jan 2020 – 31 Dec 2020147
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 2018116
1 Jan 2017 – 31 Dec 2017123
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015119
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012118
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009104
1 Jan 2008 – 31 Dec 200892
1 Jan 2007 – 31 Dec 2007105
1 Jan 2006 – 31 Dec 2006130

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
CEOKurt LykkeCurrent
Owner (100%)Kurt LykkeCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderKurt LykkeCurrent

Address history (1 moves)

Silkeborgvej 20, 7400 Herning
Silkeborgvej 20, 7400 Herning

Employees per year

Number of employees at GLARMESTER KURT LYKKE ApS per year112011: 020112012: 020122013: 020132014: 020142015: 020152016: 120162017: 120172018: 12018

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Questions and answers about GLARMESTER KURT LYKKE ApS

Has GLARMESTER KURT LYKKE ApS gone bankrupt?

No, GLARMESTER KURT LYKKE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GLARMESTER KURT LYKKE 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 GLARMESTER KURT LYKKE ApS?

Kurt Lykke is the CEO of GLARMESTER KURT LYKKE ApS.

When was GLARMESTER KURT LYKKE ApS founded?

GLARMESTER KURT LYKKE ApS was founded on 30 June 1998.

What is the equity of GLARMESTER KURT LYKKE ApS?

Equity was DKK 1.2m 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.