LS. HANDEL ApS

CVR 34605181 · Private limited company (ApS) · Active · Low risk

LS. HANDEL ApS is a Private limited company (ApS), founded on , based in Billum. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 626k. CEO: Lars Simonsen.

Bankruptcy risk for LS. HANDEL 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
34605181
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Kildegårdvej 21A
6852 Billum
Municipality
Varde
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
2 (2018)
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio21.2%
Current ratio16%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.0mDKK 354k
Net profitDKK 626kDKK 539kDKK -14k
EquityDKK 1.2mDKK 605kDKK 66k
Total assetsDKK 5.8mDKK 4.8mDKK 4.7m
CashDKK 12kDKK 143k–
Short-term debtDKK 3.9mDKK 4.2m–
Tax owedDKK 0––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

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 2023185 Late
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 201931
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015105
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 2012157

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 SimonsenCurrent
Owner (100%)Stargate Holding ApSCurrent
Owner (100%)Lars Simonsen
FounderLars SimonsenCurrent

The CEOs' other companies

Lars Simonsen – 4 other companies

Address history (0 moves)

Kildegårdvej 21A, 6852 Billum

Employees per year

Number of employees at LS. HANDEL ApS per year122012: 020122015: 020152016: 120162017: 120172018: 22018

Other companies at the same address

Similar companies in Varde

Questions and answers about LS. HANDEL ApS

Has LS. HANDEL ApS gone bankrupt?

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

What is the bankruptcy risk of LS. HANDEL 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 LS. HANDEL ApS?

Lars Simonsen is the CEO of LS. HANDEL ApS.

Who is the auditor of LS. HANDEL ApS?

LS. HANDEL ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was LS. HANDEL ApS founded?

LS. HANDEL ApS was founded on 27 June 2012.

What is the equity of LS. HANDEL ApS?

Equity was DKK 1.2m 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.