LTM HOLDING ApS

CVR 20976136 · Private limited company (ApS) · Active · Low risk

LTM HOLDING ApS is a Private limited company (ApS), founded on , based in Hammel. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.1% 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 (30 Jun 2025) shows equity of DKK 2.5m and a net result of DKK -719k. CEO: Leo Thorndahl Mortensen.

Bankruptcy risk for LTM HOLDING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
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

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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
20976136
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Skovbrynet 107
8450 Hammel
Municipality
Favrskov
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio98.7%
Current ratio5,631%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -36kDKK -24kDKK -26k
Net profitDKK -719kDKK -44kDKK 78k
EquityDKK 2.5mDKK 3.3mDKK 3.4m
Total assetsDKK 2.5mDKK 3.4mDKK 3.5m
CashDKK 129kDKK 20k–
Short-term debtDKK 32kDKK 125k–
Tax owedDKK 0DKK 95k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025164
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022180
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020140
1 Jul 2018 – 30 Jun 2019150
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017126
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015149
1 Jul 2013 – 30 Jun 2014157
1 Jul 2012 – 30 Jun 2013167
1 Jul 2011 – 30 Jun 2012159
1 Jul 2010 – 30 Jun 2011171
1 Jul 2009 – 30 Jun 2010167
1 Jul 2008 – 30 Jun 2009168
1 Jul 2007 – 30 Jun 2008168
1 Jul 2006 – 30 Jun 2007165
1 Jul 2005 – 30 Jun 2006137

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
CEOLeo Thorndahl MortensenCurrent
Owner (100%)Leo Thorndahl MortensenCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderLeo Thorndahl MortensenCurrent

The CEOs' other companies

Leo Thorndahl Mortensen – 5 other companies, of which 2 bankrupt

Address history (3 moves)

Skovbrynet 107, 8450 Hammel
Skovbrynet 107, 8450 Hammel
Skolevangsvej 61, 8450 Hammel
Skolevangsvej 61, 8450 Hammel

Other companies at the same address

Similar companies in Favrskov

Questions and answers about LTM HOLDING ApS

Has LTM HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of LTM HOLDING ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of LTM HOLDING ApS?

Leo Thorndahl Mortensen is the CEO of LTM HOLDING ApS.

Who is the auditor of LTM HOLDING ApS?

LTM HOLDING ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was LTM HOLDING ApS founded?

LTM HOLDING ApS was founded on 2 February 1998.

What is the equity of LTM HOLDING ApS?

Equity was DKK 2.5m according to the annual report for the period ending 30 June 2025.

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