LG MONTAGE A/S

CVR 21835889 · Public limited company (A/S) · Active · High risk

LG MONTAGE A/S is a Public limited company (A/S), founded on , based in Nørresundby. The company is registered in the industry fremstilling af metalkonstruktioner og dele heraf. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 (30 Jun 2025) shows equity of DKK 4.6m and a net result of DKK 138k. CEO: Henrik Grynnerup.

Bankruptcy risk for LG MONTAGE A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
21835889
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Lufthavnsvej 25
9400 Nørresundby
Municipality
Aalborg
Industry
Fremstilling af metalkonstruktioner og dele heraf (251100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 550k
Employees
45 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 27
Missing annual reportNo
Negative equityNo
Equity ratio28.1%
Current ratio111%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 19.7mDKK 15.2m
Net profitDKK 138kDKK -2.9m
EquityDKK 4.6mDKK 4.4m
Total assetsDKK 16.2mDKK 18.4m
CashDKK 3,042–
Short-term debtDKK 11.7m–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025193 Late
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023161
1 Jul 2021 – 30 Jun 2022152
1 Jul 2020 – 30 Jun 2021149
1 Jul 2019 – 30 Jun 2020127
1 Jul 2018 – 30 Jun 2019113
1 Jul 2017 – 30 Jun 2018138
1 Jul 2016 – 30 Jun 2017115
1 Jul 2015 – 30 Jun 2016131
1 Jul 2014 – 30 Jun 2015125
1 Jul 2013 – 30 Jun 2014155
1 Jul 2012 – 30 Jun 2013135
1 Jul 2011 – 30 Jun 2012157
1 Jul 2010 – 30 Jun 2011159
1 Jul 2009 – 30 Jun 2010166
1 Jul 2008 – 30 Jun 2009161
1 Jul 2007 – 30 Jun 2008148
1 Jul 2006 – 30 Jun 2007169
1 Jul 2005 – 30 Jun 2006157

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
CEOHenrik GrynnerupCurrent
CEOLejf Grynnerup
BoardHenrik GrynnerupCurrent
BoardHelge Johannes JensenCurrent
BoardBo PrangsgaardCurrent
BoardEllen Margrethe Grynnerup
BoardJohnny Grynnerup
BoardEmil Poulsen
BoardHelge Johannes Jensen
BoardJens-Jacob Andreasen
BoardLejf Grynnerup
BoardJohnny Grynnerup
BoardJørn Holst
BoardPeter Kristian Gandrup Hall
BoardBent Svenningsen
Owner (100%)HENRIK GRYNNERUP HOLDING ApSCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorKvist & Jensen SR, Aalborg A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderLG HOLDING A/SCurrent

The CEOs' other companies

Henrik Grynnerup – 6 other companies, of which 2 bankrupt

Lejf Grynnerup – 4 other companies, of which 2 bankrupt

Address history (1 moves)

Lufthavnsvej 25, 9400 Nørresundby
Lufthavnsvej 25, 9400 Nørresundby

Former names

LG MONTAGE A/S – now
LG HANDEL A/S –

Employees per year

Number of employees at LG MONTAGE A/S per year23452011: 3820112012: 3820122013: 3820132014: 3720142015: 3820152016: 4520162017: 4220172018: 452018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about LG MONTAGE A/S

Has LG MONTAGE A/S gone bankrupt?

No, LG MONTAGE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LG MONTAGE A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of LG MONTAGE A/S?

Henrik Grynnerup is the CEO of LG MONTAGE A/S.

Who is the auditor of LG MONTAGE A/S?

LG MONTAGE A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was LG MONTAGE A/S founded?

LG MONTAGE A/S was founded on 27 May 1999.

What is the equity of LG MONTAGE A/S?

Equity was DKK 4.6m 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.