JACOB KORSGAARD ApS

CVR 29244480 · Private limited company (ApS) · Active · Low risk

JACOB KORSGAARD ApS is a Private limited company (ApS), founded on , based in Hinnerup. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 4.5m and a net result of DKK -284k. CEO: Jacob Lyngby Korsgaard.

Bankruptcy risk for JACOB KORSGAARD ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
29244480
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Klapskovvej 15
8382 Hinnerup
Municipality
Favrskov
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio89.8%
Current ratio118%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0DKK 0
Gross profitDKK -18kDKK -15k
Net profitDKK -284kDKK -245k
EquityDKK 4.5mDKK 4.9m
Total assetsDKK 5.0mDKK 5.5m
CashDKK 0–
Short-term debtDKK 509k–
Tax owedDKK 0–
Avg. employees0–

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 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023136
1 Jan 2022 – 31 Dec 202295
1 Jan 2021 – 31 Dec 202166
1 Jan 2020 – 31 Dec 202054
1 Oct 2018 – 30 Sep 2019133
1 Oct 2017 – 30 Sep 2018122
1 Oct 2016 – 30 Sep 201727
1 Oct 2015 – 30 Sep 2016143
1 Oct 2014 – 30 Sep 2015159
1 Oct 2013 – 30 Sep 2014160
1 Oct 2012 – 30 Sep 2013223 Late
1 Oct 2011 – 30 Sep 2012162
1 Oct 2010 – 30 Sep 2011152
1 Oct 2009 – 30 Sep 2010132
1 Oct 2008 – 30 Sep 2009151
1 Oct 2007 – 30 Sep 2008160
1 Oct 2006 – 30 Sep 2007155
12 Jan 2006 – 30 Sep 2006151

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
CEOJacob Lyngby KorsgaardCurrent
Owner (100%)Jacob Lyngby KorsgaardCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorPricewaterhouseCoopers I/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorLMO AFVENTER ApS
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderJacob Lyngby KorsgaardCurrent

The CEOs' other companies

Jacob Lyngby Korsgaard – 5 other companies

Address history (2 moves)

Klapskovvej 15, 8382 Hinnerup
Klapskovvej 15, 8382 Hinnerup
Klapskovvej 15, 8382 Hinnerup

Other companies at the same address

Similar companies in Favrskov

Questions and answers about JACOB KORSGAARD ApS

Has JACOB KORSGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of JACOB KORSGAARD ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of JACOB KORSGAARD ApS?

Jacob Lyngby Korsgaard is the CEO of JACOB KORSGAARD ApS.

Who is the auditor of JACOB KORSGAARD ApS?

JACOB KORSGAARD ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was JACOB KORSGAARD ApS founded?

JACOB KORSGAARD ApS was founded on 12 January 2006.

What is the equity of JACOB KORSGAARD ApS?

Equity was DKK 4.5m 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.