LITE A/S
CVR 34692432 · Public limited company (A/S) · Active · High risk
LITE A/S is a Public limited company (A/S), founded on , based in Nørresundby. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.3m and a net result of DKK -2.2m. CEO: Lars Vestgaard Andersen.
Bankruptcy risk for LITE A/S
3.8 × the average (1.41%) · higher risk than 92% of active Danish companies
Increases the risk
Reduces the risk
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
- 34692432
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (14 years)
- Address
- Østre Fælledvej 11
9400 Nørresundby - Municipality
- Aalborg
- Industry
- Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 1.0m
- Employees
- 7 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 13 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 6.6% |
| Current ratio | 102% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 4.4m | DKK 5.9m | DKK 8.1m |
| Net profit | DKK -2.2m | DKK -961k | DKK 886k |
| Equity | DKK 2.3m | DKK 4.5m | DKK 5.4m |
| Total assets | DKK 35.0m | DKK 29.1m | DKK 27.4m |
| Cash | DKK 65 | DKK 63 | – |
| Short-term debt | DKK 32.4m | DKK 24.6m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 11 | 12 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 132 | ||
| 1 Jan 2024 – 31 Dec 2024 | 104 | ||
| 1 Jan 2023 – 31 Dec 2023 | 127 | ||
| 1 Jan 2022 – 31 Dec 2022 | 131 | ||
| 1 Jan 2021 – 31 Dec 2021 | 129 | ||
| 1 Jan 2020 – 31 Dec 2020 | 145 | ||
| 1 Jan 2019 – 31 Dec 2019 | 129 | ||
| 1 Jan 2018 – 31 Dec 2018 | 154 | ||
| 1 Jan 2017 – 31 Dec 2017 | 141 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 1 Jan 2015 – 31 Dec 2015 | 151 | ||
| 1 Jan 2014 – 31 Dec 2014 | 155 | ||
| 27 Aug 2012 – 31 Dec 2013 | 157 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Lars Vestgaard Andersen | Current | |
| Board | Lars Vestgaard Andersen | Current | |
| Board | Gunnar Fantoft | Current | |
| Board | Connie Elgaard | Current | |
| Board | Hanne Højgaard Thomsen | Current | |
| Board | Jens Christian Mølbjerg | ||
| Owner (67%) | GF INVECO A/S | Current | |
| Owner (25%) | INNVESTCO ApS | Current | |
| Owner (10%) | Lars Vestgaard Andersen | ||
| Owner (90%) | GF INVECO A/S | ||
| Owner (25%) | Lars Vestgaard Andersen | ||
| Owner (67%) | GF INVECO A/S | ||
| Owner (25%) | INNVESTCO ApS | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | Lars Vestgaard Andersen | Current | |
| Founder | GF INVECO A/S | Current |
Address history (1 moves)
| Østre Fælledvej 11, 9400 Nørresundby | |
| c/o BM Corporation Danmark A/S, Stykgodsvej 7, 9000 Aalborg |
Employees per year
Other companies at the same address
- MCGlobe ApS Active
Similar companies in Aalborg
- Atllaa ApS Aalborg
- Martens Design Group 1 ApS Aalborg
- LYS. A/S Aalborg SV
- TTP2022 ApS Aalborg
- Sakwa ApS Aalborg
- Martens design group ApS Aalborg SV
- DK Sol Invest ApS Aalborg
- SACKIT ApS Aalborg SV
- SCAN STYLE ApS Svenstrup J
- EBB & FLOW ApS Svenstrup J
- SANYEI SCANDINAVIA A/S Aalborg
- NORDLUX A/S Aalborg
Questions and answers about LITE A/S
Has LITE A/S gone bankrupt?
No, LITE A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of LITE A/S?
Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.
Who is the CEO of LITE A/S?
Lars Vestgaard Andersen is the CEO of LITE A/S.
Who is the auditor of LITE A/S?
LITE A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was LITE A/S founded?
LITE A/S was founded on 27 August 2012.
What is the equity of LITE A/S?
Equity was DKK 2.3m 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.