LOGIC IO ApS

CVR 26675669 · Private limited company (ApS) · Active · Low risk

LOGIC IO ApS is a Private limited company (ApS), founded on 1 July 2002, based in Horsens. The company is registered in the industry fremstilling af kommunikationsudstyr. 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 4.9m and a net result of DKK 2.1m. CEO: Kim Erik Thomsen.

Bankruptcy risk for LOGIC IO ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

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×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

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: 26675669
Status: Active
Company type: Private limited company (ApS)
Founded: 1 July 2002 (24 years)
Address: Holmboes Alle 14, 1.
8700 Horsens
Municipality: Horsens
Industry: Fremstilling af kommunikationsudstyr (263000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital: DKK 125k
Employees: 8 (2018)
Auditor: PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	0 of 23
Missing annual report	No
Negative equity	No
Equity ratio	63.0%
Current ratio	282%
Moves (last 2 years)	0
CEO changes in total	1
CEO's previous bankruptcies	0
Other companies at the address	2
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 6.3m	DKK 14.0m	DKK 11.3m
Net profit	DKK 2.1m	DKK 6.5m	DKK 6.1m
Equity	DKK 4.9m	DKK 9.3m	DKK 8.9m
Total assets	DKK 7.7m	DKK 12.1m	DKK 12.4m
Cash	DKK 2.8m	DKK 4.3m	–
Short-term debt	DKK 2.7m	DKK 2.6m	–
Tax owed	DKK 531k	DKK 1.8m	–
Avg. employees	5	5	–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	7 May 2026	127
1 Jan 2024 – 31 Dec 2024	25 Apr 2025	115
1 Jan 2023 – 31 Dec 2023	1 May 2024	122
1 Jan 2022 – 31 Dec 2022	10 May 2023	130
1 Jan 2021 – 31 Dec 2021	21 Apr 2022	111
1 Jan 2020 – 31 Dec 2020	5 May 2021	125
1 Jan 2019 – 31 Dec 2019	25 May 2020	146
1 Jan 2018 – 31 Dec 2018	15 Apr 2019	105
1 Jan 2017 – 31 Dec 2017	28 May 2018	148
1 Jan 2016 – 31 Dec 2016	5 Apr 2017	95
1 Jan 2015 – 31 Dec 2015	13 May 2016	134
1 Jan 2014 – 31 Dec 2014	8 May 2015	128
1 Jan 2013 – 31 Dec 2013	4 Jun 2014	155
1 Jan 2012 – 31 Dec 2012	15 May 2013	135
1 Jan 2011 – 31 Dec 2011	6 May 2012	127
1 Jan 2010 – 31 Dec 2010	31 May 2011	151
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	28 May 2009	148
1 Jan 2007 – 31 Dec 2007	2 Jun 2008	154
1 Jan 2006 – 31 Dec 2006	6 May 2007	126

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

Role	Name	From	To
CEO	Kim Erik Thomsen	1 Jul 2002	Current
CEO	Carsten Hansen Grøn	1 Jul 2002	30 Sep 2003
Owner (100%)	SEMAPHORE HOLDING ApS	29 Jun 2007	Current
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jul 2011	Current
Auditor	PricewaterhouseCoopers I/S	1 Jul 2002	25 Apr 2006
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	25 Apr 2006	1 Jul 2011
Founder	Kim Erik Thomsen	1 Jul 2002	Current
Founder	Carsten Hansen Grøn	1 Jul 2002	Current

The CEOs' other companies

Kim Erik Thomsen – 1 other companies

SEMAPHORE HOLDING ApS Active

Address history (3 moves)

16 Nov 2018	Holmboes Alle 14, 1., 8700 Horsens
14 Dec 2005	Holmboes Alle 14, 1., 8700 Horsens
8 Dec 2005	Jyllandsgade 54, 1., 8700 Horsens
1 Jul 2002	Jyllandsgade 54, 8700 Horsens

Employees per year

Other companies at the same address

JAN MADSEN HORSENS HOLDING ApS Compulsorily dissolved
SEMAPHORE HOLDING ApS Active

Similar companies in Horsens

CITYWIFI ApS Horsens

Questions and answers about LOGIC IO ApS

Has LOGIC IO ApS gone bankrupt?

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

What is the bankruptcy risk of LOGIC IO 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 LOGIC IO ApS?

Kim Erik Thomsen is the CEO of LOGIC IO ApS.

Who is the auditor of LOGIC IO ApS?

LOGIC IO ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was LOGIC IO ApS founded?

LOGIC IO ApS was founded on 1 July 2002.

What is the equity of LOGIC IO ApS?

Equity was DKK 4.9m 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.