LS Retail Danmark ApS

CVR 38773739 · Private limited company (ApS) · Active · Low risk

LS Retail Danmark ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 1.8m and a net result of DKK 53k.

Bankruptcy risk for LS Retail Danmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38773739
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Præstevej 10A
3480 Fredensborg
Municipality
Fredensborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
3 (2018)
Auditor
KPMG
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio42.6%
Current ratio498%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.7mDKK 4.8mDKK 4.1m
Net profitDKK 53kDKK 286kDKK 275k
EquityDKK 1.8mDKK 1.7mDKK 1.4m
Total assetsDKK 4.1mDKK 2.2mDKK 1.9m
CashDKK 1.9mDKK 1.6m–
Short-term debtDKK 822kDKK 373k–
Tax owedDKK 543kDKK 172k–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Auditor's reports (Other non-assurance reports) · KPMG.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025163
1 Oct 2023 – 30 Sep 2024149
1 Oct 2022 – 30 Sep 2023220 Late
1 Oct 2021 – 30 Sep 2022200 Late
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019195 Late
1 Jul 2017 – 31 Dec 2018148

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
CEOMagnus Steinaard Norddahl
BoardHlynur ElíssonCurrent
BoardStefania EllingsenCurrent
BoardHelgi Jósepsson
BoardFanney Margret Hafthorsdottir
Owner (100%)LS Retail ehf.Current
FounderLS Retail ehf.Current

Address history (0 moves)

Præstevej 10A, 3480 Fredensborg

Employees per year

Number of employees at LS Retail Danmark ApS per year232017: 220172018: 32018

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about LS Retail Danmark ApS

Has LS Retail Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of LS Retail Danmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of LS Retail Danmark ApS?

LS Retail Danmark ApS most recently used KPMG.

When was LS Retail Danmark ApS founded?

LS Retail Danmark ApS was founded on 1 July 2017.

What is the equity of LS Retail Danmark ApS?

Equity was DKK 1.8m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.