First Letter ApS

CVR 40257705 · Private limited company (ApS) · Active · Low risk

First Letter ApS is a Private limited company (ApS), founded on , based in Brønshøj. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.3m and a net result of DKK 29k. CEO: Lars Schultz Hansen.

Bankruptcy risk for First Letter 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
40257705
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Lars Schultz Hansen, Faksingevej 12
2700 Brønshøj
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio91.4%
Current ratio802%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 73kDKK -16k
Net profitDKK 29kDKK 1.2m
EquityDKK 1.3mDKK 1.3m
Total assetsDKK 1.4mDKK 1.5m
CashDKK 23k–
Short-term debtDKK 123k–
Tax owedDKK 1,208–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202585
1 Jul 2023 – 30 Jun 202471
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022193 Late
1 Jul 2020 – 30 Jun 2021159
14 Feb 2019 – 30 Jun 2020155

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 Schultz HansenCurrent
Owner (100%)Lars Schultz HansenCurrent
FounderLars Schultz HansenCurrent

The CEOs' other companies

Lars Schultz Hansen – 5 other companies, of which 1 bankrupt

Address history (3 moves)

c/o Lars Schultz Hansen, Faksingevej 12, 2700 Brønshøj
c/o Junu A/S, Trekronergade 126E, st., 2500 Valby
Bredgade 65A, 1., 1260 København K
Vesterbrogade 149, 1620 København V

Former names

First Letter ApS – now
First Letter Holding ApS –

Similar companies in København

Questions and answers about First Letter ApS

Has First Letter ApS gone bankrupt?

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

What is the bankruptcy risk of First Letter 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 First Letter ApS?

Lars Schultz Hansen is the CEO of First Letter ApS.

When was First Letter ApS founded?

First Letter ApS was founded on 14 February 2019.

What is the equity of First Letter ApS?

Equity was DKK 1.3m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.