L C GROVVAREHANDEL ApS

CVR 32075339 · Private limited company (ApS) · Active · Low risk

L C GROVVAREHANDEL ApS is a Private limited company (ApS), founded on , based in Christiansfeld. The company is registered in the industry engroshandel med korn, uforarbejdet tobak, såsæd og foderstoffer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 17 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 -1.3m and a net result of DKK -729k. CEO: Lars Christensen.

Bankruptcy risk for L C GROVVAREHANDEL ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
32075339
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Lars Christensen, Christiansfeldvej 13
6070 Christiansfeld
Municipality
Kolding
Industry
Engroshandel med korn, uforarbejdet tobak, såsæd og foderstoffer (462100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
Revenu Registreret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-61.4%
Current ratio77%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -528kDKK 460kDKK 467k
Net profitDKK -729kDKK 299kDKK 24k
EquityDKK -1.3mDKK -617kDKK -876k
Total assetsDKK 2.2mDKK 3.4mDKK 2.8m
CashDKK 875kDKK 732k–
Short-term debtDKK 2.6mDKK 2.5m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revenu Registreret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023205 Late
1 Jan 2022 – 31 Dec 2022197 Late
1 Jan 2021 – 31 Dec 2021196 Late
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018183
1 Jan 2017 – 31 Dec 2017187 Late
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015183
1 Jan 2014 – 31 Dec 2014201 Late
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011204 Late
1 Jan 2010 – 31 Dec 2010158
25 Feb 2009 – 31 Dec 2009153

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
CEOLars ChristensenCurrent
CEODagmar Klaaborg Jensen
Owner (100%)Lars ChristensenCurrent
Owner (100%)Dagmar Klaaborg Jensen
FounderDagmar Klaaborg JensenCurrent

Address history (1 moves)

c/o Lars Christensen, Christiansfeldvej 13, 6070 Christiansfeld
c/o Lars Christensen, Christiansfeldvej 13, 6070 Christiansfeld

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Questions and answers about L C GROVVAREHANDEL ApS

Has L C GROVVAREHANDEL ApS gone bankrupt?

No, L C GROVVAREHANDEL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of L C GROVVAREHANDEL ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of L C GROVVAREHANDEL ApS?

Lars Christensen is the CEO of L C GROVVAREHANDEL ApS.

Who is the auditor of L C GROVVAREHANDEL ApS?

L C GROVVAREHANDEL ApS most recently used Revenu Registreret Revisionsanpartsselskab.

When was L C GROVVAREHANDEL ApS founded?

L C GROVVAREHANDEL ApS was founded on 25 February 2009.

What is the equity of L C GROVVAREHANDEL ApS?

Equity was DKK -1.3m 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.