LETH STEEL A/S

CVR 31934109 · Public limited company (A/S) · Active · Low risk

LETH STEEL A/S is a Public limited company (A/S), founded on , based in Viborg. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 7.7m and a net result of DKK 683k. CEO: Jes Leth.

Bankruptcy risk for LETH STEEL A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
31934109
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Ølandsvej 10
8800 Viborg
Municipality
Viborg
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 556k
Employees
17 (2018)
Auditor
Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio33.0%
Current ratio155%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.0mDKK 4.2m
Net profitDKK 683kDKK -1.3m
EquityDKK 7.7mDKK 7.0m
Total assetsDKK 23.4mDKK 16.1m
Short-term debtDKK 6.4m–
Tax owedDKK 0–
Avg. employees7–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionsfirmaet Lars Olsen A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025171
1 Jul 2023 – 30 Jun 2024165
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022105
1 Jul 2020 – 30 Jun 2021121
1 Jul 2019 – 30 Jun 2020150
1 Jul 2018 – 30 Jun 2019130
1 Jul 2017 – 30 Jun 2018132
1 Jul 2016 – 30 Jun 201783
1 Jul 2015 – 30 Jun 201664
1 Jul 2014 – 30 Jun 201594
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 201393
1 Jul 2011 – 30 Jun 2012143
1 Jul 2010 – 30 Jun 201194
8 Jan 2009 – 30 Jun 2010103

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
CEOJes LethCurrent
BoardJes LethCurrent
BoardSussi Lydie Eqilana Tukumeq LethCurrent
BoardThomas Svoldgaard BergCurrent
BoardJimmi Bisgaard
BoardPetra Kirstine Leth
Owner (100%)LETH HOLDING ApSCurrent
Owner (90%)LETH HOLDING ApS
Owner (10%)JB VIBORG HOLDING ApS
Owner (67%)LETH HOLDING ApS
Owner (20%)JB VIBORG HOLDING ApS
AuditorRevisionsfirmaet Lars Olsen Registreret RevisionsaktieselskabCurrent
AuditorLundvej 20 ApS
FounderJes LethCurrent

The CEOs' other companies

Jes Leth – 3 other companies

Address history (3 moves)

Ølandsvej 10, 8800 Viborg
Ølandsvej 10, 8800 Viborg
Industriparken 15, 8832 Skals
Nordholtvej 8, 8832 Skals

Former names

LETH STEEL A/S – now
LETH STEEL A/S –
LETH STEEL ApS –

Employees per year

Number of employees at LETH STEEL A/S per year9172011: 720112012: 1020122013: 1020132014: 720142015: 1020152016: 820162017: 1320172018: 172018

Other companies at the same address

Similar companies in Viborg

Questions and answers about LETH STEEL A/S

Has LETH STEEL A/S gone bankrupt?

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

What is the bankruptcy risk of LETH STEEL A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of LETH STEEL A/S?

Jes Leth is the CEO of LETH STEEL A/S.

Who is the auditor of LETH STEEL A/S?

LETH STEEL A/S most recently used Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab.

When was LETH STEEL A/S founded?

LETH STEEL A/S was founded on 8 January 2009.

What is the equity of LETH STEEL A/S?

Equity was DKK 7.7m 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.