LATIN OIL ApS

CVR 36440309 · Private limited company (ApS) · Active · Medium risk

LATIN OIL ApS is a Private limited company (ApS), founded on , based in Allerød. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 50k and a net result of DKK 0. CEO: Ingvar Jørnsgård.

Bankruptcy risk for LATIN OIL ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
36440309
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Frederiksborgvej 7B
3450 Allerød
Municipality
Allerød
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio35.3%
Current ratio155%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 0DKK 0DKK 0
EquityDKK 50kDKK 50kDKK 50k
Total assetsDKK 142kDKK 142kDKK 142k
Short-term debtDKK 92kDKK 92k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026183
1 Apr 2024 – 31 Mar 2025183
1 Apr 2023 – 31 Mar 2024158
1 Apr 2022 – 31 Mar 2023183
1 Apr 2021 – 31 Mar 2022175
1 Apr 2020 – 31 Mar 2021122
1 Apr 2019 – 31 Mar 2020178
1 Apr 2018 – 31 Mar 2019153
1 Apr 2017 – 31 Mar 2018153
1 Apr 2016 – 31 Mar 2017150
20 Nov 2014 – 31 Mar 2016134

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
CEOIngvar JørnsgårdCurrent
Owner (100%)I.J.R. HOLDING ApSCurrent
FounderI.J.R. HOLDING ApSCurrent

The CEOs' other companies

Ingvar Jørnsgård – 10 other companies, of which 1 bankrupt

Address history (0 moves)

Frederiksborgvej 7B, 3450 Allerød

Other companies at the same address

Similar companies in Allerød

Questions and answers about LATIN OIL ApS

Has LATIN OIL ApS gone bankrupt?

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

What is the bankruptcy risk of LATIN OIL ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of LATIN OIL ApS?

Ingvar Jørnsgård is the CEO of LATIN OIL ApS.

When was LATIN OIL ApS founded?

LATIN OIL ApS was founded on 20 November 2014.

What is the equity of LATIN OIL ApS?

Equity was DKK 50k according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.