Løvgaards Tømrerfirma ApS

CVR 39484625 · Private limited company (ApS) · Active · Low risk

Løvgaards Tømrerfirma ApS is a Private limited company (ApS), founded on , based in Skælskør. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 129k and a net result of DKK -85k. CEO: Michael Løvgaard Christiansen, Asbjørn Tiedemann Madsen.

Bankruptcy risk for Løvgaards Tømrerfirma 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

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×
CEO changes1 · bankruptcy rate 11.4%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39484625
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nytorv 19
4230 Skælskør
Municipality
Slagelse
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio49.8%
Current ratio199%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 644kDKK 692k
Net profitDKK -85kDKK -9,552
EquityDKK 129kDKK 214k
Total assetsDKK 259kDKK 354k
CashDKK 120k–
Short-term debtDKK 130k–
Avg. employees3–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202553
1 Jan 2024 – 31 Dec 202462
1 Jan 2023 – 31 Dec 202368
1 Jan 2022 – 31 Dec 202254
1 Jan 2021 – 31 Dec 2021102
1 Jan 2020 – 31 Dec 2020104
1 Jan 2019 – 31 Dec 2019121
1 Apr 2018 – 31 Dec 2018119

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
CEOMichael Løvgaard ChristiansenCurrent
CEOAsbjørn Tiedemann MadsenCurrent
CEOPeter Andreas Stakemann
Owner (50%)Michael Løvgaard ChristiansenCurrent
Owner (50%)Asbjørn Tiedemann MadsenCurrent
Owner (100%)ApS KBURS 17 NR. 6919
FounderApS KBURS 17 NR. 6919Current

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (1 moves)

Nytorv 19, 4230 Skælskør
Kronprinsessegade 18, 1306 København K

Former names

Løvgaards Tømrerfirma ApS – now
ApS STM nr. 6186 –

Employees per year

Number of employees at Løvgaards Tømrerfirma ApS per year242018: 42018

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Questions and answers about Løvgaards Tømrerfirma ApS

Has Løvgaards Tømrerfirma ApS gone bankrupt?

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

What is the bankruptcy risk of Løvgaards Tømrerfirma 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 Løvgaards Tømrerfirma ApS?

Michael Løvgaard Christiansen, Asbjørn Tiedemann Madsen are the CEOs of Løvgaards Tømrerfirma ApS.

When was Løvgaards Tømrerfirma ApS founded?

Løvgaards Tømrerfirma ApS was founded on 1 April 2018.

What is the equity of Løvgaards Tømrerfirma ApS?

Equity was DKK 129k 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.