LINDLARSEN A/S

CVR 33500734 · Public limited company (A/S) · Active · Low risk

LINDLARSEN A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16.7m and a net result of DKK -863k. CEO: Frands Ellersgaard.

Bankruptcy risk for LINDLARSEN A/S

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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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
33500734
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
Virkelyst 28
7400 Herning
Municipality
Herning
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
35 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio72.6%
Current ratio300%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 15.9mDKK 17.9mDKK 17.4m
Net profitDKK -863kDKK 916kDKK 677k
EquityDKK 16.7mDKK 17.5mDKK 16.6m
Total assetsDKK 22.9mDKK 36.3mDKK 34.2m
CashDKK 5.1mDKK 3.1m–
Short-term debtDKK 6.3mDKK 18.7m–
Avg. employees2728–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
1 Jan 2024 – 31 Dec 2024147
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 202290
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 201881
1 Jan 2017 – 31 Dec 201765
1 Jan 2016 – 31 Dec 201690
1 Jan 2015 – 31 Dec 201597
1 Jan 2014 – 31 Dec 201472
1 Jan 2013 – 31 Dec 201379
1 Jan 2012 – 31 Dec 2012158
18 Feb 2011 – 31 Dec 2011109

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
CEOFrands EllersgaardCurrent
BoardJens EllersgaardCurrent
BoardFrands EllersgaardCurrent
BoardPalle KjærCurrent
BoardSøren Thygesen
BoardAnders Würtz Hegaard
Owner (67%)FRANDS ELLERSGAARD HOLDING ApSCurrent
Owner (25%)JENS ELLERSGAARD HOLDING. HERNING A/SCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFRANDS ELLERSGAARD HOLDING ApSCurrent
FounderJENS ELLERSGAARD HOLDING. HERNING A/SCurrent

The CEOs' other companies

Frands Ellersgaard – 9 other companies, of which 2 bankrupt

Address history (1 moves)

Virkelyst 28, 7400 Herning
c/o Frands Ellersgaard, Fonnesbechsgade 18A, 2., 7400 Herning

Former names

LINDLARSEN A/S – now
LIMAS HERNING ApS –

Employees per year

Number of employees at LINDLARSEN A/S per year18352011: 2120112012: 2220122013: 2420132014: 2320142015: 2720152016: 3020162017: 3420172018: 352018

Other companies at the same address

Similar companies in Herning

Questions and answers about LINDLARSEN A/S

Has LINDLARSEN A/S gone bankrupt?

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

What is the bankruptcy risk of LINDLARSEN A/S?

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 LINDLARSEN A/S?

Frands Ellersgaard is the CEO of LINDLARSEN A/S.

Who is the auditor of LINDLARSEN A/S?

LINDLARSEN A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was LINDLARSEN A/S founded?

LINDLARSEN A/S was founded on 18 February 2011.

What is the equity of LINDLARSEN A/S?

Equity was DKK 16.7m 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.