JM Lytzen Teknik ApS

CVR 40218165 · Private limited company (ApS) · Active · Medium risk

JM Lytzen Teknik ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 7 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 1.3m and a net result of DKK 642k. CEO: Lars Elgaard Martens.

Bankruptcy risk for JM Lytzen Teknik ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
40218165
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Gasværksvej 48
9000 Aalborg
Municipality
Aalborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 100k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio22.7%
Current ratio129%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies3
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 8.7mDKK 6.8m
Net profitDKK 642kDKK 147k
EquityDKK 1.3mDKK 674k
Total assetsDKK 5.8mDKK 4.6m
CashDKK 1,767–
Short-term debtDKK 4.5m–
Tax owedDKK 186k–
Avg. employees14–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202596
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 202333
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 202168
1 Jan 2020 – 31 Dec 2020193 Late
30 Jan 2019 – 31 Dec 2019240 Late

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
CEOLars Elgaard MartensCurrent
CEOHenrik Mikael Jensen
CEOLars Elgaard Martens
BoardJonna SøndergaardCurrent
BoardLars Elgaard MartensCurrent
BoardChristian Heick FoghsgaardCurrent
BoardSanne Elgaard MartensCurrent
BoardMathias Meedom Haller NielsenCurrent
BoardHenrik Mikael Jensen
BoardMatthew Thomas Clark
Owner (33%)MARTEL Holding ApSCurrent
Owner (10%)MH Holding Vestbjerg ApSCurrent
Owner (50%)MaJoCh Invest ApSCurrent
Owner (50%)MARTEL Holding ApS
Owner (50%)MH Holding Vestbjerg ApS
Owner (50%)LYTZEN IT A/S
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMARTEL Holding ApSCurrent
FounderMH Holding Vestbjerg ApSCurrent

The CEOs' other companies

Lars Elgaard Martens – 14 other companies, of which 6 bankrupt

Henrik Mikael Jensen – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Gasværksvej 48, 9000 Aalborg
Rørdalsvej 30, 9220 Aalborg Øst
Agnethevej 19, 9900 Frederikshavn

Former names

JM Lytzen Teknik ApS – now
JM El-teknik ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about JM Lytzen Teknik ApS

Has JM Lytzen Teknik ApS gone bankrupt?

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

What is the bankruptcy risk of JM Lytzen Teknik ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of JM Lytzen Teknik ApS?

Lars Elgaard Martens is the CEO of JM Lytzen Teknik ApS.

Who is the auditor of JM Lytzen Teknik ApS?

JM Lytzen Teknik ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was JM Lytzen Teknik ApS founded?

JM Lytzen Teknik ApS was founded on 30 January 2019.

What is the equity of JM Lytzen Teknik ApS?

Equity was DKK 1.3m 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.