Leth & Tungh Holding ApS

CVR 40723242 · Private limited company (ApS) · Active · Very high risk

Leth & Tungh Holding ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 6 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -185k and a net result of DKK -1,000. CEO: Asger Leth.

Bankruptcy risk for Leth & Tungh Holding ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
40723242
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Asger Leth, Sortedam Dossering 9, 1. th
2200 København N
Municipality
København
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-184.5%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,000DKK -1,000
Net profitDKK -1,000DKK -1,000
EquityDKK -185kDKK -184k
Total assetsDKK 100kDKK 100k
Short-term debtDKK 285k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025192 Late
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023210 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021188 Late
14 Aug 2019 – 31 Dec 2020197 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
CEOAsger LethCurrent
Owner (100%)Asger LethCurrent
AuditorCOMPLET REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderAsger LethCurrent

The CEOs' other companies

Asger Leth – 3 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Asger Leth, Sortedam Dossering 9, 1. th, 2200 København N
c/o Asger Leth, Sortedam Dossering 9, 1. th, 2200 København N

Other companies at the same address

Similar companies in København

Questions and answers about Leth & Tungh Holding ApS

Has Leth & Tungh Holding ApS gone bankrupt?

No, Leth & Tungh Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Leth & Tungh Holding ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of Leth & Tungh Holding ApS?

Asger Leth is the CEO of Leth & Tungh Holding ApS.

When was Leth & Tungh Holding ApS founded?

Leth & Tungh Holding ApS was founded on 14 August 2019.

What is the equity of Leth & Tungh Holding ApS?

Equity was DKK -185k 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.