LTL Installationer ApS

CVR 37358479 · Private limited company (ApS) · Active · High risk

LTL Installationer ApS is a Private limited company (ApS), founded on , based in Borup. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 10 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 -1,965 and a net result of DKK -63k. CEO: Thomas Nikolaj Botoft Nielsen.

Bankruptcy risk for LTL Installationer ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
37358479
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Stubberupvej 15
4140 Borup
Municipality
Køge
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-1.4%
Current ratio99%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 516kDKK 702k
Net profitDKK -63kDKK 23k
EquityDKK -1,965DKK 61k
Total assetsDKK 145kDKK 197k
CashDKK 53k–
Short-term debtDKK 147k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025118
1 Jan 2024 – 31 Dec 2024136
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 202020
1 Jan 2019 – 31 Dec 2019236 Late
1 Jan 2018 – 31 Dec 2018166
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016157

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
CEOThomas Nikolaj Botoft NielsenCurrent
CEOLis Andrea
Owner (90%)Thomas Nikolaj Botoft NielsenCurrent
Owner (33%)Thomas Nikolaj Botoft Nielsen
Owner (50%)Lis Andrea
Owner (50%)Katja Andrea
FounderThomas Nikolaj Botoft NielsenCurrent
FounderLars Nordtorp NielsenCurrent
FounderLis AndreaCurrent

The CEOs' other companies

Lis Andrea – 2 other companies, of which 2 bankrupt

Address history (0 moves)

Stubberupvej 15, 4140 Borup

Former names

LTL Installationer ApS – now
LTL Installationer IVS –

Employees per year

Number of employees at LTL Installationer ApS per year232016: 220162017: 220172018: 32018

Other companies at the same address

Similar companies in Køge

Questions and answers about LTL Installationer ApS

Has LTL Installationer ApS gone bankrupt?

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

What is the bankruptcy risk of LTL Installationer ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of LTL Installationer ApS?

Thomas Nikolaj Botoft Nielsen is the CEO of LTL Installationer ApS.

When was LTL Installationer ApS founded?

LTL Installationer ApS was founded on 1 January 2016.

What is the equity of LTL Installationer ApS?

Equity was DKK -1,965 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.