Lund & Krogh ApS

CVR 37693499 · Private limited company (ApS) · Active · Very high risk

Lund & Krogh ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -589k and a net result of DKK -391k. CEO: Morten Lund Thomsen.

Bankruptcy risk for Lund & Krogh ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
37693499
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Kaltoftevej 9
7000 Fredericia
Municipality
Fredericia
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
1 (2018)
Auditor
HJ Revision ApS
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-111.7%
Current ratio48%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.0mDKK -47kDKK -30k
Net profitDKK -391kDKK -87kDKK -73k
EquityDKK -589kDKK -198kDKK -112k
Total assetsDKK 527kDKK 517kDKK 213k
CashDKK 18kDKK 29k–
Short-term debtDKK 365kDKK 415k–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · HJ Revision ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020200 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017176
18 May 2016 – 31 Dec 2016152

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
CEOMorten Lund ThomsenCurrent
Owner (50%)Morten Lund ThomsenCurrent
Owner (50%)Gitte Krogh ChristensenCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMorten Lund ThomsenCurrent

Address history (1 moves)

Kaltoftevej 9, 7000 Fredericia
Jelshøjvej 27, 6600 Vejen

Former names

Lund & Krogh ApS – now
A-Furn ApS –
A-Furn IVS –

Employees per year

Number of employees at Lund & Krogh ApS per year112016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Fredericia

Questions and answers about Lund & Krogh ApS

Has Lund & Krogh ApS gone bankrupt?

No, Lund & Krogh ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Lund & Krogh ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Lund & Krogh ApS?

Morten Lund Thomsen is the CEO of Lund & Krogh ApS.

Who is the auditor of Lund & Krogh ApS?

Lund & Krogh ApS most recently used HJ Revision ApS.

When was Lund & Krogh ApS founded?

Lund & Krogh ApS was founded on 18 May 2016.

What is the equity of Lund & Krogh ApS?

Equity was DKK -589k 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.