LOGITEC ApS

CVR 29449562 · Private limited company (ApS) · Active · High risk

LOGITEC ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 3.0% over the next 12 months, which is 2.1 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3.0m and a net result of DKK -4.5m. CEO: Bo Damgaard Høivang.

Bankruptcy risk for LOGITEC ApS

3.0%
probability of bankruptcy within 12 months
High risk

2.1 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
29449562
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Fredericiavej 48, 1.
7100 Vejle
Municipality
Vejle
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 500k
Employees
1 (2007)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-161.8%
Current ratio37%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -60kDKK -52kDKK 100k
Net profitDKK -4.5mDKK 1.8mDKK -3.1m
EquityDKK -3.0mDKK 1.5mDKK -353k
Total assetsDKK 1.8mDKK 7.8mDKK 7.0m
CashDKK 10kDKK 1,782–
Short-term debtDKK 4.6mDKK 6.0m–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018189 Late
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 201590
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013134
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007170
7 Apr 2006 – 31 Dec 2006168

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
CEOBo Damgaard HøivangCurrent
BoardBo Damgaard Høivang
BoardHenrik Ditlev Schøn Nielsen
BoardMichael Schrøder
BoardCarsten Ravnhøj
BoardBjørn Polenz
Owner (100%)Bo Damgaard HøivangCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderBo Damgaard HøivangCurrent

The CEOs' other companies

Bo Damgaard Høivang – 32 other companies, of which 5 bankrupt

Address history (6 moves)

Fredericiavej 48, 1., 7100 Vejle
Elbækvej 4B, 7080 Børkop
Stien 2, 7100 Vejle
Stien 2, st., 7100 Vejle
Slugten 2A, st., 7100 Vejle
Slugten 2A, st., 7100 Vejle
Korntoften 46, 7100 Vejle

Former names

LOGITEC ApS – now
LOGITEC A/S –

Employees per year

Number of employees at LOGITEC ApS per year112006: 120062007: 12007

Other companies at the same address

Similar companies in Vejle

Questions and answers about LOGITEC ApS

Has LOGITEC ApS gone bankrupt?

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

What is the bankruptcy risk of LOGITEC ApS?

Our model estimates a bankruptcy risk of 3.0% over the next 12 months (high risk), which is 2.1 times the average for Danish companies.

Who is the CEO of LOGITEC ApS?

Bo Damgaard Høivang is the CEO of LOGITEC ApS.

Who is the auditor of LOGITEC ApS?

LOGITEC ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was LOGITEC ApS founded?

LOGITEC ApS was founded on 7 April 2006.

What is the equity of LOGITEC ApS?

Equity was DKK -3.0m 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.