Challenge 2019 ApS

CVR 40561668 · Private limited company (ApS) · Active · Low risk

Challenge 2019 ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry andre forretningsserviceaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 401k and a net result of DKK 279k. CEO: Michael Hedegaard Lyng.

Bankruptcy risk for Challenge 2019 ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
40561668
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Strandvejen 201, 4. tv
2900 Hellerup
Municipality
Gentofte
Industry
Andre forretningsserviceaktiviteter i.a.n. (829900)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio47.0%
Current ratio163%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 401kDKK 294k
Net profitDKK 279kDKK 197k
EquityDKK 401kDKK 323k
Total assetsDKK 854kDKK 715k
CashDKK 1,297–
Short-term debtDKK 447k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024155
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022176
1 Jul 2020 – 30 Jun 2021159
4 Jun 2019 – 30 Jun 2020152

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 Hedegaard LyngCurrent
Owner (100%)Lyng Invest Holding ApSCurrent
FounderLyng Invest Holding ApSCurrent

The CEOs' other companies

Michael Hedegaard Lyng – 39 other companies, of which 1 bankrupt

Address history (1 moves)

Strandvejen 201, 4. tv, 2900 Hellerup
Strandvejen 247G, 2920 Charlottenlund

Former names

Challenge 2019 ApS – now
Challange 2019 ApS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Challenge 2019 ApS

Has Challenge 2019 ApS gone bankrupt?

No, Challenge 2019 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Challenge 2019 ApS?

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

Who is the CEO of Challenge 2019 ApS?

Michael Hedegaard Lyng is the CEO of Challenge 2019 ApS.

Who is the auditor of Challenge 2019 ApS?

Challenge 2019 ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Challenge 2019 ApS founded?

Challenge 2019 ApS was founded on 4 June 2019.

What is the equity of Challenge 2019 ApS?

Equity was DKK 401k 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.