LV DEVELOPMENT ApS

CVR 29934002 · Private limited company (ApS) · Active · Low risk

LV DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in Randers SV. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.6m and a net result of DKK 746k. CEO: Ulrich Bache.

Bankruptcy risk for LV DEVELOPMENT 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
29934002
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Ulrich Bache, Tebbestrupvej 159
8940 Randers SV
Municipality
Randers
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio93.6%
Current ratio3,315%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 799k
Net profitDKK 746kDKK 679k
EquityDKK 6.6mDKK 9.8m
Total assetsDKK 7.0mDKK 10.4m
CashDKK 3.1m–
Short-term debtDKK 107k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 202473
1 Jan 2023 – 31 Dec 202339
1 Jan 2022 – 31 Dec 202280
1 Jan 2021 – 31 Dec 202124
1 Jan 2020 – 31 Dec 202021
1 Jan 2019 – 31 Dec 201963
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015128
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013141
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010128
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008106
9 Oct 2006 – 31 Dec 2007165

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
CEOUlrich BacheCurrent
CEOMichael Bache
Owner (100%)BACHE II HOLDING ApSCurrent
Owner (50%)BACHE I HOLDING ApS
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBACHE II HOLDING ApSCurrent
FounderBACHE I HOLDING ApSCurrent
FounderBACHE I HOLDING ApS

The CEOs' other companies

Ulrich Bache – 9 other companies

Michael Bache – 19 other companies

Address history (5 moves)

c/o Ulrich Bache, Tebbestrupvej 159, 8940 Randers SV
c/o Bache, Norsmindevej 35, 8340 Malling
c/o Bache, P. Heises Vej 14B, 8000 Aarhus C
Jens Juuls Vej 6, 8260 Viby J
Edwin Rahrs Vej 84, 8220 Brabrand
Graham Bells Vej 25, 8200 Aarhus N

Other companies at the same address

Similar companies in Randers

Questions and answers about LV DEVELOPMENT ApS

Has LV DEVELOPMENT ApS gone bankrupt?

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

What is the bankruptcy risk of LV DEVELOPMENT 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 LV DEVELOPMENT ApS?

Ulrich Bache is the CEO of LV DEVELOPMENT ApS.

Who is the auditor of LV DEVELOPMENT ApS?

LV DEVELOPMENT ApS most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was LV DEVELOPMENT ApS founded?

LV DEVELOPMENT ApS was founded on 9 October 2006.

What is the equity of LV DEVELOPMENT ApS?

Equity was DKK 6.6m 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.