LEGARTH DISTRIBUTION A/S

CVR 33240260 · Public limited company (A/S) · Active · Low risk

LEGARTH DISTRIBUTION A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 260k and a net result of DKK 81k. CEO: Michael Vesthave.

Bankruptcy risk for LEGARTH DISTRIBUTION A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
33240260
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Cypresvej 25
7400 Herning
Municipality
Herning
Industry
Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio84.5%
Current ratio645%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 95kDKK 89kDKK 89k
Net profitDKK 81kDKK 77kDKK 73k
EquityDKK 260kDKK 179kDKK 102k
Total assetsDKK 308kDKK 226kDKK 148k
CashDKK 158kDKK 92k–
Short-term debtDKK 48kDKK 47k–
Tax owedDKK 23kDKK 22k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202548
1 Jan 2024 – 31 Dec 202449
1 Jan 2023 – 31 Dec 202357
1 Jan 2022 – 31 Dec 202260
1 Jan 2021 – 31 Dec 202152
1 Jan 2020 – 31 Dec 202048
1 Jan 2019 – 31 Dec 201957
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 201751
1 Jan 2016 – 31 Dec 201654
1 Jan 2015 – 31 Dec 201557
1 Jan 2014 – 31 Dec 201455
1 Jan 2013 – 31 Dec 201350
1 Jan 2012 – 31 Dec 201251
1 Oct 2010 – 31 Dec 201162

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
CEOMichael VesthaveCurrent
BoardMichael VesthaveCurrent
BoardMichael Legarth Ernst VesthaveCurrent
BoardAnneli Legarth VesthaveCurrent
Owner (33%)Michael Legarth Ernst VesthaveCurrent
Owner (50%)VESTHAVE HOLDING ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderVESTHAVE HOLDING ApSCurrent

The CEOs' other companies

Michael Vesthave – 2 other companies

Address history (0 moves)

Cypresvej 25, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about LEGARTH DISTRIBUTION A/S

Has LEGARTH DISTRIBUTION A/S gone bankrupt?

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

What is the bankruptcy risk of LEGARTH DISTRIBUTION A/S?

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 LEGARTH DISTRIBUTION A/S?

Michael Vesthave is the CEO of LEGARTH DISTRIBUTION A/S.

Who is the auditor of LEGARTH DISTRIBUTION A/S?

LEGARTH DISTRIBUTION A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was LEGARTH DISTRIBUTION A/S founded?

LEGARTH DISTRIBUTION A/S was founded on 1 October 2010.

What is the equity of LEGARTH DISTRIBUTION A/S?

Equity was DKK 260k 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.