Lucinaborg ApS

CVR 38261320 · Private limited company (ApS) · Active · Low risk

Lucinaborg ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 30k and a net result of DKK -17k. CEO: Lars Klitgaard.

Bankruptcy risk for Lucinaborg ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
38261320
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Lindvedvej 71
5260 Odense S
Municipality
Odense
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio66.6%
Current ratio123%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -4,250DKK -30k
Net profitDKK -17kDKK -279k
EquityDKK 30kDKK 47k
Total assetsDKK 45kDKK 67k
Short-term debtDKK 15k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 202196
1 Jan 2020 – 31 Dec 202083
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 201878
16 Dec 2016 – 31 Dec 2017106

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
CEOLars KlitgaardCurrent
Owner (100%)LIVING HOLDING ApSCurrent
FounderLIVING HOLDING ApSCurrent

The CEOs' other companies

Lars Klitgaard – 22 other companies, of which 1 bankrupt

Address history (1 moves)

Lindvedvej 71, 5260 Odense S
Lindvedvej 71, 5260 Odense S

Other companies at the same address

Similar companies in Odense

Questions and answers about Lucinaborg ApS

Has Lucinaborg ApS gone bankrupt?

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

What is the bankruptcy risk of Lucinaborg ApS?

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

Who is the CEO of Lucinaborg ApS?

Lars Klitgaard is the CEO of Lucinaborg ApS.

When was Lucinaborg ApS founded?

Lucinaborg ApS was founded on 16 December 2016.

What is the equity of Lucinaborg ApS?

Equity was DKK 30k 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.