Lake Exchange ApS

CVR 38627325 · Private limited company (ApS) · Active · Medium risk

Lake Exchange ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry værdipapir- og varemægling. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 Dec 2025) shows equity of DKK 236k and a net result of DKK 186k. CEO: Adnan Kadam Mohsen Al-Saadi.

Bankruptcy risk for Lake Exchange ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
38627325
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nørrebrogade 9B
2200 København N
Municipality
København
Industry
Værdipapir- og varemægling (661200)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio20.5%
Current ratio121%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 596kDKK 662k
Net profitDKK 186kDKK 319k
EquityDKK 236kDKK 50k
Total assetsDKK 1.2mDKK 749k
CashDKK 1.1m–
Short-term debtDKK 915k–
Tax owedDKK 41k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 202142
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019209 Late
1 Jan 2018 – 31 Dec 2018175
4 May 2017 – 31 Dec 2017100

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
CEOAdnan Kadam Mohsen Al-SaadiCurrent
Owner (100%)Adnan Kadam Mohsen Al-SaadiCurrent
FounderAdnan Kadam Mohsen Al-SaadiCurrent

The CEOs' other companies

Adnan Kadam Mohsen Al-Saadi – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Nørrebrogade 9B, 2200 København N
Nørrebrogade 9B, 2200 København N

Former names

Lake Exchange ApS – now
Lake ApS –

Employees per year

Number of employees at Lake Exchange ApS per year122017: 220172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about Lake Exchange ApS

Has Lake Exchange ApS gone bankrupt?

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

What is the bankruptcy risk of Lake Exchange ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Lake Exchange ApS?

Adnan Kadam Mohsen Al-Saadi is the CEO of Lake Exchange ApS.

When was Lake Exchange ApS founded?

Lake Exchange ApS was founded on 4 May 2017.

What is the equity of Lake Exchange ApS?

Equity was DKK 236k 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.