LV Service ApS

CVR 38052691 · Private limited company (ApS) · Active · Medium risk

LV Service ApS is a Private limited company (ApS), founded on , based in Bedsted Thy. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 148k and a net result of DKK -21k. CEO: Louise Damkjær Vangsgård.

Bankruptcy risk for LV Service ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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

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×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
38052691
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Østergade 23
7755 Bedsted Thy
Municipality
Thisted
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityNo
Equity ratio28.0%
Current ratio54%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 222kDKK 269kDKK 303k
Net profitDKK -21kDKK 61kDKK 132k
EquityDKK 148kDKK 169kDKK 109k
Total assetsDKK 530kDKK 547kDKK 621k
CashDKK 69kDKK 120k–
Short-term debtDKK 329kDKK 281k–
Tax owedDKK 0DKK 14k–
Avg. employees21–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018147
29 Sep 2016 – 31 Dec 2017157

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
CEOLouise Damkjær VangsgårdCurrent
CEOBjarne Vangsgaard
Owner (100%)Louise Damkjær VangsgårdCurrent
FounderLouise Damkjær VangsgårdCurrent

The CEOs' other companies

Bjarne Vangsgaard – 4 other companies, of which 1 bankrupt

Address history (0 moves)

Østergade 23, 7755 Bedsted Thy

Former names

LV Service ApS – now
LV Service IVS –

Employees per year

Number of employees at LV Service ApS per year232016: 120162017: 320172018: 12018

Similar companies in Thisted

Questions and answers about LV Service ApS

Has LV Service ApS gone bankrupt?

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

What is the bankruptcy risk of LV Service ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of LV Service ApS?

Louise Damkjær Vangsgård is the CEO of LV Service ApS.

Who is the auditor of LV Service ApS?

LV Service ApS most recently used Beierholm.

When was LV Service ApS founded?

LV Service ApS was founded on 29 September 2016.

What is the equity of LV Service ApS?

Equity was DKK 148k 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.