Leather Cuts ApS

CVR 38039814 · Private limited company (ApS) · Active · Low risk

Leather Cuts ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry engroshandel med huder, skind og læder. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 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 810k and a net result of DKK -211k. CEO: Jesper Aagesen Svensson.

Bankruptcy risk for Leather Cuts ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
38039814
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Ærøvej 26
8800 Viborg
Municipality
Viborg
Industry
Engroshandel med huder, skind og læder (462400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Andersen Revision
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio16.0%
Current ratio108%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 597kDKK 1.1m
Net profitDKK -211kDKK 244k
EquityDKK 810kDKK 1.0m
Total assetsDKK 5.1mDKK 5.4m
Short-term debtDKK 3.9m–
Tax owedDKK 0–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 202056
1 Jan 2019 – 31 Dec 201961
1 Jan 2018 – 31 Dec 2018170
23 Sep 2016 – 31 Dec 2017175

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
CEOJesper Aagesen SvenssonCurrent
Owner (100%)Jesper Aagesen SvenssonCurrent
FounderJesper Aagesen SvenssonCurrent

The CEOs' other companies

Jesper Aagesen Svensson – 6 other companies, of which 2 bankrupt

Address history (1 moves)

Ærøvej 26, 8800 Viborg
Koldingvej 88C, 8800 Viborg

Employees per year

Number of employees at Leather Cuts ApS per year112018: 12018

Other companies at the same address

Questions and answers about Leather Cuts ApS

Has Leather Cuts ApS gone bankrupt?

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

What is the bankruptcy risk of Leather Cuts ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Leather Cuts ApS?

Jesper Aagesen Svensson is the CEO of Leather Cuts ApS.

Who is the auditor of Leather Cuts ApS?

Leather Cuts ApS most recently used Andersen Revision.

When was Leather Cuts ApS founded?

Leather Cuts ApS was founded on 23 September 2016.

What is the equity of Leather Cuts ApS?

Equity was DKK 810k 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.