LYNGSØE RAINWEAR ApS

CVR 26097622 · Private limited company (ApS) · Active · Low risk

LYNGSØE RAINWEAR ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry engroshandel med beklædning. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 119.7m and a net result of DKK 15.4m. CEO: Frederik Baagøe Brændgaard.

Bankruptcy risk for LYNGSØE RAINWEAR ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
26097622
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Hammershusvej 1B
7400 Herning
Municipality
Herning
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
12 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 25
Missing annual reportNo
Negative equityNo
Equity ratio83.1%
Current ratio590%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 30.6mDKK 48.2mDKK 35.0m
Net profitDKK 15.4mDKK 25.3mDKK 15.4m
EquityDKK 119.7mDKK 147.8mDKK 122.5m
Total assetsDKK 144.0mDKK 174.9mDKK 152.6m
CashDKK 29.1mDKK 33.1m–
Short-term debtDKK 24.3mDKK 27.0m–
Avg. employees2222–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021131
1 Jan 2020 – 31 Dec 202029
1 Jan 2019 – 31 Dec 201957
1 Jan 2018 – 31 Dec 201838
1 Jan 2017 – 31 Dec 201758
1 Jan 2016 – 31 Dec 201687
1 Jan 2015 – 31 Dec 201598
1 Jan 2014 – 31 Dec 2014104
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006144

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
CEOFrederik Baagøe BrændgaardCurrent
CEOBo Lyngsø
BoardPetra Annica Öberg GustafssonCurrent
BoardIda Josefina SaalmanCurrent
BoardJonas DahlCurrent
BoardCarine Engen
BoardKnut Åsle
BoardTerje Gorm Hansen
BoardJens Gunnar Eriksson Wibring
BoardJonas Fredrik Heyman
BoardAlexandra Caroline Drott Staedler
Owner (100%)HULTAFORS GROUP DANMARK A/SCurrent
Owner (100%)LYNGSØ HOLDING ApS
Owner (100%)Hansen Protection AS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorOle Bækby Olesen
AuditorJan Juul Buskbjerg
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBo LyngsøCurrent

The CEOs' other companies

Bo Lyngsø – 16 other companies, of which 3 bankrupt

Address history (5 moves)

Hammershusvej 1B, 7400 Herning
Hammershusvej 1, 7400 Herning
Åkirkebyvej 2, 7400 Herning
Platanvej 9, 7400 Herning
Platanvej 6, 7400 Herning
Silkeborgvej 48F, 7400 Herning

Former names

LYNGSØE RAINWEAR ApS – now
LYNGSØ RAINWEAR ApS –

Employees per year

Number of employees at LYNGSØE RAINWEAR ApS per year9172011: 1020112012: 1620122013: 1420132014: 1320142015: 1520152016: 1720162017: 1520172018: 122018

Other companies at the same address

Similar companies in Herning

Questions and answers about LYNGSØE RAINWEAR ApS

Has LYNGSØE RAINWEAR ApS gone bankrupt?

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

What is the bankruptcy risk of LYNGSØE RAINWEAR 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 LYNGSØE RAINWEAR ApS?

Frederik Baagøe Brændgaard is the CEO of LYNGSØE RAINWEAR ApS.

Who is the auditor of LYNGSØE RAINWEAR ApS?

LYNGSØE RAINWEAR ApS most recently used EY Godkendt Revisionspartnerselskab.

When was LYNGSØE RAINWEAR ApS founded?

LYNGSØE RAINWEAR ApS was founded on 26 June 2001.

What is the equity of LYNGSØE RAINWEAR ApS?

Equity was DKK 119.7m 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.