Byg-Let ApS

CVR 40139699 · Private limited company (ApS) · Active · Low risk

Byg-Let ApS is a Private limited company (ApS), founded on , based in Flemming. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 137k and a net result of DKK -91k. CEO: Jørgen Matthiesen.

Bankruptcy risk for Byg-Let ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · 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
40139699
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Jørgen Matthiesen, Hornborgvej 1
8762 Flemming
Municipality
Hedensted
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio64.0%
Current ratio262%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 180kDKK 389k
Net profitDKK -91kDKK 98k
EquityDKK 137kDKK 277k
Total assetsDKK 214kDKK 419k
CashDKK 173k–
Short-term debtDKK 77k–
Tax owedDKK 0–
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 2025162
1 Jan 2024 – 31 Dec 2024154
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022104
1 Jan 2021 – 31 Dec 202196
1 Jan 2020 – 31 Dec 202057
3 Jan 2019 – 31 Dec 2019132

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
CEOJørgen MatthiesenCurrent
Owner (100%)Byg-Let Holding ApSCurrent
FounderByg-Let Holding ApSCurrent

The CEOs' other companies

Jørgen Matthiesen – 2 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Jørgen Matthiesen, Hornborgvej 1, 8762 Flemming
c/o Jørgen Matthiesen, Hornborgvej 1, 8762 Flemming

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Byg-Let ApS

Has Byg-Let ApS gone bankrupt?

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

What is the bankruptcy risk of Byg-Let ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Byg-Let ApS?

Jørgen Matthiesen is the CEO of Byg-Let ApS.

When was Byg-Let ApS founded?

Byg-Let ApS was founded on 3 January 2019.

What is the equity of Byg-Let ApS?

Equity was DKK 137k 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.