Lutze Process Denmark ApS

CVR 29195307 · Private limited company (ApS) · Active · High risk

Lutze Process Denmark ApS is a Private limited company (ApS), founded on , based in Næstved. The company is registered in the industry agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner. 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. The latest annual report (31 Dec 2025) shows equity of DKK -3.4m and a net result of DKK -1.6m. CEO: Märtha Cecilia Hasselgren.

Bankruptcy risk for Lutze Process Denmark ApS

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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
29195307
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Fiskerhusvej 43A
4700 Næstved
Municipality
Næstved
Industry
Agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner (461400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-163.8%
Current ratio87%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 389kDKK 152kDKK 1.4m
Net profitDKK -1.6mDKK -1.7mDKK -568k
EquityDKK -3.4mDKK -1.8mDKK -125k
Total assetsDKK 2.1mDKK 2.4mDKK 3.9m
CashDKK 267kDKK 152k–
Short-term debtDKK 2.4mDKK 1.8m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202569
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023109
1 Jan 2022 – 31 Dec 2022114
1 Jan 2021 – 31 Dec 202194
1 Jan 2020 – 31 Dec 202046
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 201765
1 Jan 2016 – 31 Dec 2016116
1 Jan 2015 – 31 Dec 201589
1 Jan 2014 – 31 Dec 201480
1 Jan 2013 – 31 Dec 201343
1 Jan 2012 – 31 Dec 201276
1 Jan 2011 – 31 Dec 201150
1 Jan 2010 – 31 Dec 201045
1 Jan 2009 – 31 Dec 200945
1 Jan 2008 – 31 Dec 200874
1 Jan 2007 – 31 Dec 200791
6 Dec 2005 – 31 Dec 200693

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
CEOMärtha Cecilia HasselgrenCurrent
BoardMärtha Cecilia HasselgrenCurrent
BoardAdrian LutzeCurrent
BoardMarkus PüllenCurrent
BoardFabian Benedikt GrönkeCurrent
BoardLeif Ivansson
Owner (100%)Lutze International Europe GmbH & Co. KGCurrent
Owner (100%)YRING-NIELSEN HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderUffe Yring-NielsenCurrent

Address history (2 moves)

Fiskerhusvej 43A, 4700 Næstved
Industrivej 2, 4241 Vemmelev
Industrivej 2, 4241 Vemmelev

Former names

Lutze Process Denmark ApS – now
DANSK GRUSGRAV MATERIEL ApS –

Employees per year

Number of employees at Lutze Process Denmark ApS per year242011: 420112012: 220122013: 320132014: 320142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Næstved

Questions and answers about Lutze Process Denmark ApS

Has Lutze Process Denmark ApS gone bankrupt?

No, Lutze Process Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Lutze Process Denmark ApS?

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 Lutze Process Denmark ApS?

Märtha Cecilia Hasselgren is the CEO of Lutze Process Denmark ApS.

Who is the auditor of Lutze Process Denmark ApS?

Lutze Process Denmark ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Lutze Process Denmark ApS founded?

Lutze Process Denmark ApS was founded on 6 December 2005.

What is the equity of Lutze Process Denmark ApS?

Equity was DKK -3.4m 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.