LS Cable & System Denmark ApS

CVR 38000748 · Private limited company (ApS) · Active · Medium risk

LS Cable & System Denmark ApS is a Private limited company (ApS), founded on , based in Tjæreborg. The company is registered in the industry fremstilling af andre elektroniske og elektriske ledninger og kabler. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 9 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 41k and a net result of DKK -239. CEO: Myung Gu Jeong.

Bankruptcy risk for LS Cable & System Denmark ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
38000748
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Sønderbyvej 7
6731 Tjæreborg
Municipality
Esbjerg
Industry
Fremstilling af andre elektroniske og elektriske ledninger og kabler (273200)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 50k
Employees
3 (2018)
Auditor
SR REVISION GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio1.0%
Current ratio98%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 12.1mDKK 7.9mDKK 5.1m
Net profitDKK -239DKK 0DKK 4,335
EquityDKK 41kDKK 41kDKK 41k
Total assetsDKK 4.0mDKK 2.0mDKK 1.5m
CashDKK 3.5mDKK 1.6m–
Short-term debtDKK 3.9mDKK 1.9m–
Tax owed–DKK 0–
Avg. employees2313–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · SR Revision Godkendt revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 2024119
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019217 Late
1 Jan 2018 – 31 Dec 2018175
12 Sep 2016 – 31 Dec 2017148

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
CEOMyung Gu JeongCurrent
CEOByung Mun Kwak
Owner (100%)LS Cable & SystemCurrent
AuditorSR REVISION GODKENDT REVISIONSAKTIESELSKABCurrent
FounderUlrik Fleischer-MichaelsenCurrent

Address history (3 moves)

Sønderbyvej 7, 6731 Tjæreborg
c/o KOTRA, Holbergsgade 14, 3. th, 1057 København K
Kystvejen 280, 4671 Strøby
c/o NJORD Law Firm, Pilestræde 58, 1112 København K

Employees per year

Number of employees at LS Cable & System Denmark ApS per year592016: 020162017: 920172018: 32018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about LS Cable & System Denmark ApS

Has LS Cable & System Denmark ApS gone bankrupt?

No, LS Cable & System Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LS Cable & System Denmark ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of LS Cable & System Denmark ApS?

Myung Gu Jeong is the CEO of LS Cable & System Denmark ApS.

Who is the auditor of LS Cable & System Denmark ApS?

LS Cable & System Denmark ApS most recently used SR REVISION GODKENDT REVISIONSAKTIESELSKAB.

When was LS Cable & System Denmark ApS founded?

LS Cable & System Denmark ApS was founded on 12 September 2016.

What is the equity of LS Cable & System Denmark ApS?

Equity was DKK 41k 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.