LetsGradeCards ApS

CVR 39012952 · Private limited company (ApS) · Active · Low risk

LetsGradeCards ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 8 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 866k and a net result of DKK 712k. CEO: Lasse Work Bøg.

Bankruptcy risk for LetsGradeCards ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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
39012952
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Kærnehøjvej 66
5260 Odense S
Municipality
Odense
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 101k
Auditor
ALBJERG, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio42.2%
Current ratio173%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 131kDKK 143k
Net profitDKK 712kDKK 43kDKK 107k
EquityDKK 866kDKK 154kDKK 111k
Total assetsDKK 2.1mDKK 203kDKK 175k
CashDKK 344kDKK 81k–
Short-term debtDKK 1.2mDKK 49k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ALBJERG, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 20227
1 Jan 2021 – 31 Dec 2021206 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019253 Late
11 Oct 2017 – 31 Dec 2018182

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
CEOLasse Work BøgCurrent
CEOJens Lange Kirk
BoardAnders Tryk Lund DuusCurrent
BoardLasse Work BøgCurrent
BoardEmma HindhedeCurrent
BoardSebastian Hindhede
BoardKasper Aabye Bang
BoardLærke Work Bøg
BoardAndreas de Lasson Rosenberg
Owner (100%)LetsGroup Holding ApSCurrent
Owner (100%)Jens Lange Kirk
Owner (100%)Lasse Work Bøg
Owner (15%)Sebastian Hindhede
Owner (15%)Anders Tryk Lund Duus
Owner (15%)Kasper Aabye Bang
Owner (20%)Lasse Work Bøg
Owner (15%)Emma Hindhede
Owner (20%)Lærke Work Bøg
Owner (33%)Lasse Work Bøg
Owner (10%)Matraws ApS
FounderJens Lange KirkCurrent

The CEOs' other companies

Lasse Work Bøg – 1 other companies

Jens Lange Kirk – 1 other companies, of which 1 bankrupt

Address history (3 moves)

Kærnehøjvej 66, 5260 Odense S
Uglehøjen 130, 5260 Odense S
Skovvej 7, 8543 Hornslet
Dalgas Avenue 11, st. tv, 8000 Aarhus C

Former names

LetsGradeCards ApS – now
LangeK Holding ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about LetsGradeCards ApS

Has LetsGradeCards ApS gone bankrupt?

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

What is the bankruptcy risk of LetsGradeCards ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of LetsGradeCards ApS?

Lasse Work Bøg is the CEO of LetsGradeCards ApS.

Who is the auditor of LetsGradeCards ApS?

LetsGradeCards ApS most recently used ALBJERG, Statsautoriseret Revisionsaktieselskab.

When was LetsGradeCards ApS founded?

LetsGradeCards ApS was founded on 11 October 2017.

What is the equity of LetsGradeCards ApS?

Equity was DKK 866k 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.