LETH CO HOLDING ApS

CVR 25093461 · Private limited company (ApS) · Active · Low risk

LETH CO HOLDING ApS is a Private limited company (ApS), founded on , based in Rudkøbing. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 12 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -198k and a net result of DKK -247k.

Bankruptcy risk for LETH CO HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
25093461
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Nicolai Christensen, Rue 9
5900 Rudkøbing
Municipality
Langeland
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-43.0%
Current ratio73%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10kDKK -10kDKK -5,400
Net profitDKK -247kDKK 238kDKK 3,416
EquityDKK -198kDKK 50kDKK -102k
Total assetsDKK 460kDKK 1.2mDKK 35k
CashDKK 5,867DKK 899k–
Short-term debtDKK 628kDKK 1.1m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022208 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020170
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015158
26 Nov 2013 – 31 Dec 2014369 Late

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
CEOChristian Nicolai Leth Christensen
Owner (100%)Christian Nicolai Leth ChristensenCurrent
FounderChristian Nicolai Leth ChristensenCurrent

The CEOs' other companies

Christian Nicolai Leth Christensen – 6 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Nicolai Christensen, Rue 9, 5900 Rudkøbing
c/o Nicolai Christensen, Borups Alle 126A, 1. tv, 2000 Frederiksberg
Kastruplundgade 78, 2. th, 2770 Kastrup

Former names

LETH CO HOLDING ApS – now
BAKER EUROPE HOLDING ApS –

Other companies at the same address

Similar companies in Langeland

Questions and answers about LETH CO HOLDING ApS

Has LETH CO HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of LETH CO HOLDING ApS?

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

When was LETH CO HOLDING ApS founded?

LETH CO HOLDING ApS was founded on 26 November 2013.

What is the equity of LETH CO HOLDING ApS?

Equity was DKK -198k 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.