Develo Holding ApS

CVR 37859265 · Private limited company (ApS) · Active · Low risk

Develo Holding ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Oct 2025) shows equity of DKK 10.6m and a net result of DKK 427k. CEO: Flemming Noes Lorentzen.

Bankruptcy risk for Develo Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
37859265
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Flemming Lorentzen, Grøndahlsvej 19, 7. 3
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio42,618%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -11kDKK -47kDKK -21k
Net profitDKK 427kDKK 1.2mDKK 5.1m
EquityDKK 10.6mDKK 10.3mDKK 13.0m
Total assetsDKK 10.6mDKK 10.4mDKK 13.0m
CashDKK 1.4mDKK 1.6m–
Short-term debtDKK 10kDKK 9,926–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025188 Late
1 Nov 2023 – 31 Oct 2024187 Late
1 Nov 2022 – 31 Oct 2023146
1 Nov 2021 – 31 Oct 2022114
1 Jan 2021 – 31 Oct 2021150
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 201985
1 Jan 2018 – 31 Dec 201886
7 Jul 2016 – 31 Dec 2017149

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
CEOFlemming Noes LorentzenCurrent
Owner (100%)Flemming Noes LorentzenCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderFlemming Noes LorentzenCurrent

The CEOs' other companies

Flemming Noes Lorentzen – 7 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Flemming Lorentzen, Grøndahlsvej 19, 7. 3, 7400 Herning
Kløvermarken 4, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about Develo Holding ApS

Has Develo Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Develo Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Develo Holding ApS?

Flemming Noes Lorentzen is the CEO of Develo Holding ApS.

Who is the auditor of Develo Holding ApS?

Develo Holding ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Develo Holding ApS founded?

Develo Holding ApS was founded on 7 July 2016.

What is the equity of Develo Holding ApS?

Equity was DKK 10.6m according to the annual report for the period ending 31 October 2025.

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