LetITbe ApS

CVR 37791008 · Private limited company (ApS) · Active · Low risk

LetITbe ApS is a Private limited company (ApS), founded on , based in Bjert. The company is registered in the industry teater- og koncertproduktioner. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK -225.

Bankruptcy risk for LetITbe 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
37791008
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Skovhavevej 53
6091 Bjert
Municipality
Kolding
Industry
Teater- og koncertproduktioner (902010)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio50.6%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 5,025DKK 26k
Gross profitDKK -5,225DKK -95k
Net profitDKK -225DKK -103k
EquityDKK 40kDKK 40k
Total assetsDKK 79kDKK 79k
Short-term debtDKK 39k–

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 2025161
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022169
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020157
1 Jan 2019 – 31 Dec 2019236 Late
1 Jan 2018 – 31 Dec 2018167
1 Jan 2017 – 31 Dec 2017147
12 Jun 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
Owner (100%)Poul Henning NielsenCurrent
FounderPoul Henning NielsenCurrent

Address history (0 moves)

Skovhavevej 53, 6091 Bjert

Former names

LetITbe ApS – now
LetITbe IvS –

Similar companies in Kolding

Questions and answers about LetITbe ApS

Has LetITbe ApS gone bankrupt?

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

What is the bankruptcy risk of LetITbe 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.

When was LetITbe ApS founded?

LetITbe ApS was founded on 12 June 2016.

What is the equity of LetITbe ApS?

Equity was DKK 40k 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.