L & T Real Estate ApS

CVR 40770488 · Private limited company (ApS) · Active · Very high risk

L & T Real Estate ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 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 -270k and a net result of DKK -728k. CEO: Asger Leth.

Bankruptcy risk for L & T Real Estate ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

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×
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×
Capital changes1 · 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
40770488
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
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 100k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-210.3%
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 0DKK -1,000
Net profitDKK -728kDKK -1,000
EquityDKK -270kDKK 458k
Total assetsDKK 129kDKK 857k
Short-term debtDKK 399k–
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
30 Aug 2019 – 31 Dec 2020199 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 (50%)Jørgen LethCurrent
Owner (50%)Leth & Tungh Holding ApSCurrent
Owner (100%)Leth & Tungh Holding ApS
AuditorCOMPLET REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderLeth & Tungh Holding ApSCurrent

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 L & T Real Estate ApS

Has L & T Real Estate ApS gone bankrupt?

No, L & T Real Estate ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of L & T Real Estate ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of L & T Real Estate ApS?

Asger Leth is the CEO of L & T Real Estate ApS.

When was L & T Real Estate ApS founded?

L & T Real Estate ApS was founded on 30 August 2019.

What is the equity of L & T Real Estate ApS?

Equity was DKK -270k 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.