LZ & Co. Holding A/S

CVR 40238573 · Public limited company (A/S) · Active · Low risk

LZ & Co. Holding A/S is a Public limited company (A/S), founded on , based in Aabenraa. 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 0.1 times the average for Danish companies. 7 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.4m and a net result of DKK -6.5m. CEO: Renè Hermann Kibsgaard.

Bankruptcy risk for LZ & Co. Holding A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
40238573
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Nørretorv 1A, st.
6200 Aabenraa
Municipality
Aabenraa
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 7
Missing annual reportNo
Negative equityNo
Equity ratio85.8%
Current ratio15%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 125kDKK -51kDKK -9,561
Net profitDKK -6.5mDKK -5.2mDKK 1.8m
EquityDKK 5.4mDKK 11.9mDKK 17.1m
Total assetsDKK 6.3mDKK 13.8mDKK 24.3m
CashDKK 6,476––
Short-term debtDKK 818kDKK 1.8m–
Tax owedDKK 0DKK 329k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021220 Late
1 Jan 2020 – 31 Dec 2020190 Late
6 Feb 2019 – 31 Dec 2019260 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
CEORenè Hermann KibsgaardCurrent
CEORenè Hermann Kibsgaard
BoardPeter Hartvig OrbesenCurrent
BoardRenè Hermann KibsgaardCurrent
BoardPetar Georgiev DimitrovCurrent
BoardJohn Hjort Schubert
BoardJørgen Bennett Boisen
BoardRenè Hermann Kibsgaard
BoardGry Kibsgaard
BoardMorten Vilhelm Jørgensen
Owner (100%)Renè Hermann KibsgaardCurrent
FounderRenè Hermann KibsgaardCurrent

The CEOs' other companies

Renè Hermann Kibsgaard – 21 other companies, of which 6 bankrupt

Address history (6 moves)

Nørretorv 1A, st., 6200 Aabenraa
Storegade 34B, 1., 6200 Aabenraa
Nørretorv 1, 6200 Aabenraa
Storetorv 1, 2., 6200 Aabenraa
Fiskergade 7, 6200 Aabenraa
Storetorv 9A, 6200 Aabenraa
Lindbjergparken 12, 6200 Aabenraa

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about LZ & Co. Holding A/S

Has LZ & Co. Holding A/S gone bankrupt?

No, LZ & Co. Holding A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LZ & Co. Holding A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of LZ & Co. Holding A/S?

Renè Hermann Kibsgaard is the CEO of LZ & Co. Holding A/S.

Who is the auditor of LZ & Co. Holding A/S?

LZ & Co. Holding A/S most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was LZ & Co. Holding A/S founded?

LZ & Co. Holding A/S was founded on 6 February 2019.

What is the equity of LZ & Co. Holding A/S?

Equity was DKK 5.4m 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.