Lathi Development ApS

CVR 32440533 · Private limited company (ApS) · Active · Low risk

Lathi Development ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 16 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 23.6m and a net result of DKK 3.1m. CEO: Georg Thinggaard, Flemming Nørgaard Larsen.

Bankruptcy risk for Lathi 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

No significant risk factors.

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
32440533
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Gartnervej 9
9200 Aalborg SV
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.1m
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio5,360%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -17kDKK -16kDKK -19k
Net profitDKK 3.1mDKK 5.7mDKK 4.1m
EquityDKK 23.6mDKK 20.5mDKK 14.8m
Total assetsDKK 23.6mDKK 22.2mDKK 16.4m
CashDKK 85kDKK 676–
Short-term debtDKK 28kDKK 1.7m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025135
1 Jul 2023 – 30 Jun 2024122
1 Jul 2022 – 30 Jun 2023122
1 Jul 2021 – 30 Jun 2022125
1 Jul 2020 – 30 Jun 2021141
1 Jul 2019 – 30 Jun 2020154
1 Jul 2018 – 30 Jun 2019124
1 Jul 2017 – 30 Jun 2018104
1 Jul 2016 – 30 Jun 2017157
1 Jul 2015 – 30 Jun 2016130
1 Jul 2014 – 30 Jun 2015120
1 Jul 2013 – 30 Jun 2014115
1 Jul 2012 – 30 Jun 2013127
1 Jul 2011 – 30 Jun 2012114
1 Jul 2010 – 30 Jun 2011116
28 Aug 2009 – 30 Jun 2010132

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
CEOGeorg ThinggaardCurrent
CEOFlemming Nørgaard LarsenCurrent
CEOJens Peter Daugbjerg Nielsen
CEOKnud Dahl
CEODavid Krogh Stevnhoved
CEOJørn Buus Jensen
Owner (50%)LaBU ApSCurrent
Owner (50%)FREJ Holding ApSCurrent
Owner (25%)JADA HOLDING ApS
Owner (25%)K.D. HOLDING, STØVRING ApS
Owner (25%)J.B.J. HOLDING, STØVRING ApS
Owner (25%)JNI HOLDING, SKØRPING ApS
Owner (25%)Lathi Development ApS
Owner (33%)JADA HOLDING ApS
Owner (33%)K.D. HOLDING, STØVRING ApS
Owner (33%)JNI HOLDING, SKØRPING ApS
Owner (10%)LaBU ApS
Owner (10%)FREJ Holding ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
FounderJADA HOLDING ApSCurrent
FounderK.D. HOLDING, STØVRING ApSCurrent
FounderJ.B.J. HOLDING, STØVRING ApSCurrent
FounderJNI HOLDING, SKØRPING ApSCurrent

The CEOs' other companies

Georg Thinggaard – 18 other companies

Flemming Nørgaard Larsen – 18 other companies, of which 1 bankrupt

Jens Peter Daugbjerg Nielsen – 6 other companies

Knud Dahl – 3 other companies

David Krogh Stevnhoved – 4 other companies

Jørn Buus Jensen – 1 other companies

Address history (0 moves)

Gartnervej 9, 9200 Aalborg SV

Former names

Lathi Development ApS – now
J.K.J.D. HOLDING ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Lathi Development ApS

Has Lathi Development ApS gone bankrupt?

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

What is the bankruptcy risk of Lathi 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 Lathi Development ApS?

Georg Thinggaard, Flemming Nørgaard Larsen are the CEOs of Lathi Development ApS.

Who is the auditor of Lathi Development ApS?

Lathi Development ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Lathi Development ApS founded?

Lathi Development ApS was founded on 28 August 2009.

What is the equity of Lathi Development ApS?

Equity was DKK 23.6m 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.