LET SOFTWARE ApS

CVR 31375703 · Private limited company (ApS) · Active · Medium risk

LET SOFTWARE ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 244k and a net result of DKK -243k. CEO: Morten Baun Møller.

Bankruptcy risk for LET SOFTWARE ApS

1.7%
probability of bankruptcy within 12 months
Medium risk

1.2 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · 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
31375703
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Marstrandsvej 14
5230 Odense M
Municipality
Odense
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio9.1%
Current ratio62%
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 129kDKK 26k
Net profitDKK -243kDKK -46k
EquityDKK 244kDKK 487k
Total assetsDKK 2.7mDKK 810k
CashDKK 160k–
Short-term debtDKK 796k–
Tax owedDKK 1,672–
Avg. employees1–

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 Jul 2024 – 30 Jun 2025150
1 Jul 2023 – 30 Jun 2024129
1 Jul 2022 – 30 Jun 2023136
1 Jul 2021 – 30 Jun 202284
1 Jul 2020 – 30 Jun 2021106
1 Jul 2019 – 30 Jun 2020152
1 Jul 2018 – 30 Jun 2019156
1 Jul 2017 – 30 Jun 2018138
1 Jul 2016 – 30 Jun 2017152
1 Jul 2015 – 30 Jun 2016168
1 Jul 2014 – 30 Jun 2015174
1 Jul 2013 – 30 Jun 2014164
1 Jul 2012 – 30 Jun 2013165
1 Jul 2011 – 30 Jun 2012165
1 Jul 2010 – 30 Jun 2011147
1 Jul 2009 – 30 Jun 2010139
16 Apr 2008 – 30 Jun 2009163

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
CEOMorten Baun MøllerCurrent
CEODennis Fich Thomsen
Owner (100%)Morten Baun MøllerCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten Baun MøllerCurrent
FounderDennis Fich ThomsenCurrent
FounderMorten Krogh SkovCurrent

The CEOs' other companies

Morten Baun Møller – 5 other companies

Address history (4 moves)

Marstrandsvej 14, 5230 Odense M
Lumbyvej 11C, 2. tv, 5000 Odense C
Lumbyvej 11D, st. th, 5000 Odense C
Kochsgade 31A, 5000 Odense C
Marstrandsvej 14, 5230 Odense M

Employees per year

Number of employees at LET SOFTWARE ApS per year472011: 020112012: 020122013: 120132014: 320142015: 720152016: 320162017: 220172018: 22018

Other companies at the same address

Similar companies in Odense

Questions and answers about LET SOFTWARE ApS

Has LET SOFTWARE ApS gone bankrupt?

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

What is the bankruptcy risk of LET SOFTWARE ApS?

Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.

Who is the CEO of LET SOFTWARE ApS?

Morten Baun Møller is the CEO of LET SOFTWARE ApS.

Who is the auditor of LET SOFTWARE ApS?

LET SOFTWARE ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was LET SOFTWARE ApS founded?

LET SOFTWARE ApS was founded on 16 April 2008.

What is the equity of LET SOFTWARE ApS?

Equity was DKK 244k according to the annual report for the period ending 30 June 2025.

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