LITEPOINT EUROPE A/S

CVR 29618046 · Public limited company (A/S) · Active · Low risk

LITEPOINT EUROPE A/S is a Public limited company (A/S), founded on , based in Aalborg Øst. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 46.2m and a net result of DKK 5.7m.

Bankruptcy risk for LITEPOINT EUROPE A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
29618046
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Alfred Nobels Vej 27, 3.
9220 Aalborg Øst
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
5 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 20
Missing annual reportNo
Negative equityNo
Equity ratio50.8%
Current ratio141%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 62.7mDKK 38.4mDKK 37.8m
Net profitDKK 5.7mDKK 3.8mDKK 5.0m
EquityDKK 46.2mDKK 22.3mDKK 18.5m
Total assetsDKK 90.9mDKK 57.4mDKK 34.9m
CashDKK 19.1mDKK 19.5m–
Short-term debtDKK 25.4mDKK 15.8m–
Avg. employees3124–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024212 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022201 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020202 Late
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016156
1 Jan 2015 – 31 Dec 2015159
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009181
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007160
1 Jun 2006 – 31 Dec 2006157

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
CEOJan Bo Nielsen
CEOKarsten Dahl Vandrup
CEOSpiros Nikolaos Bouas
CEOJens Jungersen
CEOCharles Jeffrey Gray
CEORyan Erik Driscoll
BoardRyan Erik DriscollCurrent
BoardSamuel Aaron RavelsonCurrent
BoardJohn Christopher LukezCurrent
BoardJan Bo Nielsen
BoardBenny Madsen
BoardRichard Louis Sanquini
BoardKarsten Dahl Vandrup
BoardSpiros Nikolaos Bouas
BoardCharles Jeffrey Gray
BoardMichael Dennis Callahan
BoardBradford Bigelow Robbins
BoardBradford Bigelow Robbins
BoardRyan Erik Driscoll
BoardCharles Jeffrey Gray
Owner (100%)LitePoint CorporationCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPKF DENMARK STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorMØLLER-JENSEN STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderLitePoint IncCurrent

The CEOs' other companies

Jan Bo Nielsen – 2 other companies, of which 1 bankrupt

Karsten Dahl Vandrup – 6 other companies, of which 1 bankrupt

Jens Jungersen – 3 other companies

Address history (6 moves)

Alfred Nobels Vej 27, 3., 9220 Aalborg Øst
Alfred Nobels Vej 27, 3., 9220 Aalborg Øst
Frederikskaj 10A, 2450 København SV
Smedeland 36, 2600 Glostrup
Gydevang 39, 3450 Allerød
Sluseholmen 2, 2450 København SV
Købmagergade 2, 1150 København K

Former names

LITEPOINT EUROPE A/S – now
LITEPOINT EUROPE ApS –

Employees per year

Number of employees at LITEPOINT EUROPE A/S per year352009: 220092012: 320122013: 520132014: 420142015: 520152016: 520162017: 420172018: 52018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about LITEPOINT EUROPE A/S

Has LITEPOINT EUROPE A/S gone bankrupt?

No, LITEPOINT EUROPE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LITEPOINT EUROPE A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of LITEPOINT EUROPE A/S?

LITEPOINT EUROPE A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was LITEPOINT EUROPE A/S founded?

LITEPOINT EUROPE A/S was founded on 1 June 2006.

What is the equity of LITEPOINT EUROPE A/S?

Equity was DKK 46.2m 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.