Hornelund Totalbyg ApS

CVR 37283762 · Private limited company (ApS) · Active · Low risk

Hornelund Totalbyg ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 275k and a net result of DKK 219k. CEO: Martin la Cour Vendelbo, Lasse Helth Ladegaard.

Bankruptcy risk for Hornelund Totalbyg 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37283762
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Hornelund 67
6800 Varde
Municipality
Varde
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 54k
Employees
2 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio32.6%
Current ratio66%
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 1.2mDKK 964kDKK 1.2m
Net profitDKK 219kDKK 51kDKK 199k
EquityDKK 275kDKK 106kDKK 255k
Total assetsDKK 843kDKK 766kDKK 889k
CashDKK 138kDKK 125k–
Short-term debtDKK 400kDKK 453k–
Tax owedDKK 31kDKK 0–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025132
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021131
1 Jan 2020 – 31 Dec 2020177
1 Jan 2019 – 31 Dec 2019121
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017124
8 Dec 2015 – 31 Dec 201682

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
CEOMartin la Cour VendelboCurrent
CEOLasse Helth LadegaardCurrent
Owner (50%)la Cour Vendelbo Holding ApSCurrent
Owner (50%)Lasse Holding ApSCurrent
Founderla Cour Vendelbo Holding ApSCurrent
FounderLasse Holding ApSCurrent

Address history (0 moves)

Hornelund 67, 6800 Varde

Employees per year

Number of employees at Hornelund Totalbyg ApS per year122016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Varde

Questions and answers about Hornelund Totalbyg ApS

Has Hornelund Totalbyg ApS gone bankrupt?

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

What is the bankruptcy risk of Hornelund Totalbyg 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 Hornelund Totalbyg ApS?

Martin la Cour Vendelbo, Lasse Helth Ladegaard are the CEOs of Hornelund Totalbyg ApS.

Who is the auditor of Hornelund Totalbyg ApS?

Hornelund Totalbyg ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Hornelund Totalbyg ApS founded?

Hornelund Totalbyg ApS was founded on 8 December 2015.

What is the equity of Hornelund Totalbyg ApS?

Equity was DKK 275k 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.