LN GROUP A/S

CVR 31370078 · Public limited company (A/S) · Active · High risk

LN GROUP A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 17 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 582k and a net result of DKK -819k. CEO: Karsten Gregor Brødsgaard Friis.

Bankruptcy risk for LN GROUP A/S

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
31370078
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
c/o Vejle Gulve, Hjulmagervej 7D
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.2m
Employees
11 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 17
Missing annual reportNo
Negative equityNo
Equity ratio13.7%
Current ratio115%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 947kDKK 747k
Net profitDKK -819kDKK -1.4m
EquityDKK 582kDKK 601k
Total assetsDKK 4.2mDKK 4.5m
CashDKK 3–
Short-term debtDKK 3.6m–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025187 Late
1 May 2023 – 30 Apr 2024184 Late
1 May 2022 – 30 Apr 2023185 Late
1 May 2021 – 30 Apr 2022186 Late
1 May 2020 – 30 Apr 2021180
1 May 2019 – 30 Apr 2020235 Late
1 May 2018 – 30 Apr 2019164
1 May 2017 – 30 Apr 2018163
1 May 2016 – 30 Apr 2017166
1 May 2015 – 30 Apr 2016157
1 May 2014 – 30 Apr 2015161
1 May 2013 – 30 Apr 2014146
1 May 2012 – 30 Apr 2013150
1 May 2011 – 30 Apr 2012114
1 May 2010 – 30 Apr 2011137
1 May 2009 – 30 Apr 2010124
1 Apr 2008 – 30 Apr 2009109

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
CEOKarsten Gregor Brødsgaard FriisCurrent
CEOPeter Andreas Stakemann
CEOMogens Junker Jessen
BoardJacob LøffCurrent
BoardKarsten Gregor Brødsgaard FriisCurrent
BoardNicolaj FredensborgCurrent
BoardJørgen Herman Melchior
BoardPeter Andreas Stakemann
BoardLone Annette Saul Stakemann
BoardLeif Olesen
BoardMogens Junker Jessen
BoardKarsten Gregor Brødsgaard Friis
BoardThomas Roed Hansen
BoardMogens Junker Jessen
BoardFreddy Pedersen
Owner (100%)Karsten Gregor Brødsgaard FriisCurrent
Owner (100%)KF HOLDING DANMARK ApSCurrent
Owner (33%)Mogens Junker Jessen
Owner (50%)Karsten Gregor Brødsgaard Friis
Owner (33%)MOGENS JESSEN HOLDING ApS
Owner (50%)KF HOLDING DANMARK ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorGreen IV ApS
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Karsten Gregor Brødsgaard Friis – 1 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Mogens Junker Jessen – 3 other companies

Address history (5 moves)

c/o Vejle Gulve, Hjulmagervej 7D, 7100 Vejle
c/o Vejle Gulve, Ibæk Strandvej 6, 7100 Vejle
c/o Vejle Gulve, Sjællandsgade 25B, 7100 Vejle
Øster Snedevej 4, 7120 Vejle Øst
Overgårdsvej 4, 7120 Vejle Øst
Kronprinsessegade 18, 1306 København K

Former names

LN GROUP A/S – now
H. OLESEN, BREDAL MØBLER A/S –
A/S PSE 17 NR. 1780 –

Employees per year

Number of employees at LN GROUP A/S per year8152011: 1320112012: 1420122013: 1520132014: 1220142015: 1320152016: 1420162017: 1020172018: 112018

Other companies at the same address

Similar companies in Vejle

Questions and answers about LN GROUP A/S

Has LN GROUP A/S gone bankrupt?

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

What is the bankruptcy risk of LN GROUP A/S?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of LN GROUP A/S?

Karsten Gregor Brødsgaard Friis is the CEO of LN GROUP A/S.

Who is the auditor of LN GROUP A/S?

LN GROUP A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was LN GROUP A/S founded?

LN GROUP A/S was founded on 1 April 2008.

What is the equity of LN GROUP A/S?

Equity was DKK 582k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.