Let Holding ApS

CVR 39605384 · Private limited company (ApS) · Active · Low risk

Let Holding ApS is a Private limited company (ApS), founded on , based in Rødekro. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 681k and a net result of DKK -447k. CEO: Michael Hjerrild Martensen.

Bankruptcy risk for Let Holding 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
39605384
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Årslev Bygade 15, st. th
6230 Rødekro
Municipality
Aabenraa
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
DANSK REVISION FREDERIKSSUND GODKENDT REVISIONSANPARTSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio99.3%
Current ratio9,079%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0––
Gross profitDKK -8,688DKK -6,188DKK -6,188
Net profitDKK -447kDKK -174kDKK 92k
EquityDKK 681kDKK 1.1mDKK 1.3m
Total assetsDKK 686kDKK 1.1mDKK 1.3m
CashDKK 209kDKK 223k–
Short-term debtDKK 4,950DKK 4,950–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION FREDERIKSSUND GODKENDT REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020103
1 Jan 2019 – 31 Dec 2019209 Late
1 Jan 2018 – 31 Dec 2018143

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 Hjerrild MartensenCurrent
Owner (100%)Michael Hjerrild MartensenCurrent

The CEOs' other companies

Michael Hjerrild Martensen – 3 other companies

Address history (1 moves)

Årslev Bygade 15, st. th, 6230 Rødekro
Solvej 4, 3650 Ølstykke

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Let Holding ApS

Has Let Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Let Holding 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 CEO of Let Holding ApS?

Michael Hjerrild Martensen is the CEO of Let Holding ApS.

Who is the auditor of Let Holding ApS?

Let Holding ApS most recently used DANSK REVISION FREDERIKSSUND GODKENDT REVISIONSANPARTSSELSKAB.

When was Let Holding ApS founded?

Let Holding ApS was founded on 19 April 2018.

What is the equity of Let Holding ApS?

Equity was DKK 681k 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.