Ivar Lundgårds Vej 4 ApS

CVR 40477314 · Private limited company (ApS) · Active · Low risk

Ivar Lundgårds Vej 4 ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry køb og salg af egen fast ejendom. 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 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 8.3m and a net result of DKK 500k. CEO: Michael Lunding Smith.

Bankruptcy risk for Ivar Lundgårds Vej 4 ApS

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 reports50%–75% · bankruptcy rate 18.4%2.1×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40477314
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o c/o Michael Lunding Smith, Granbakken 1
7500 Holstebro
Municipality
Holstebro
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio47.7%
Current ratio111%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.0mDKK 796k
Net profitDKK 500kDKK 263k
EquityDKK 8.3mDKK 7.8m
Total assetsDKK 17.5mDKK 17.9m
CashDKK 332k–
Short-term debtDKK 1.6m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025190 Late
1 Jul 2023 – 30 Jun 2024199 Late
1 Jul 2022 – 30 Jun 2023188 Late
1 Jul 2021 – 30 Jun 2022200 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020170
29 Apr 2019 – 30 Jun 2019172

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 Lunding SmithCurrent
Owner (100%)Slaabakkegaard Development ApSCurrent
AuditorKPSR I/S
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSlaabakkegaard Development ApSCurrent

The CEOs' other companies

Michael Lunding Smith – 6 other companies

Address history (1 moves)

c/o c/o Michael Lunding Smith, Granbakken 1, 7500 Holstebro
Sletten 47B, 7500 Holstebro

Other companies at the same address

Similar companies in Holstebro

Questions and answers about Ivar Lundgårds Vej 4 ApS

Has Ivar Lundgårds Vej 4 ApS gone bankrupt?

No, Ivar Lundgårds Vej 4 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ivar Lundgårds Vej 4 ApS?

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 Ivar Lundgårds Vej 4 ApS?

Michael Lunding Smith is the CEO of Ivar Lundgårds Vej 4 ApS.

Who is the auditor of Ivar Lundgårds Vej 4 ApS?

Ivar Lundgårds Vej 4 ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was Ivar Lundgårds Vej 4 ApS founded?

Ivar Lundgårds Vej 4 ApS was founded on 29 April 2019.

What is the equity of Ivar Lundgårds Vej 4 ApS?

Equity was DKK 8.3m 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.