L&N Supply Ships ApS

CVR 41540079 · Private limited company (ApS) · Active · Low risk

L&N Supply Ships ApS is a Private limited company (ApS), founded on , based in Skagen. The company is registered in the industry sø- og kysttransport af gods. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 26.3m and a net result of DKK 12.2m. CEO: Mads Larsson, Rasmus Høj Larsen.

Bankruptcy risk for L&N Supply Ships ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
41540079
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Kuttervej 15
9990 Skagen
Municipality
Frederikshavn
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 56k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio50.4%
Current ratio36%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 33.1mDKK 26.3m
Net profitDKK 12.2mDKK 6.8m
EquityDKK 26.3mDKK 15.6m
Total assetsDKK 52.2mDKK 30.8m
CashDKK 101k–
Short-term debtDKK 16.4m–
Avg. employees29–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025107
1 Oct 2023 – 30 Sep 202488
1 Oct 2022 – 30 Sep 2023108
1 Oct 2021 – 30 Sep 2022173
24 Jul 2020 – 30 Sep 2021166

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
CEOMads LarssonCurrent
CEORasmus Høj LarsenCurrent
CEORasmus Høj Larsen
BoardMike Birkebo AndersenCurrent
BoardRasmus Høj LarsenCurrent
BoardMads LarssonCurrent
BoardRenè Breyen-MikkelsenCurrent
BoardMartin Bay Nordtorp
Owner (100%)Calm Waters ApSCurrent
Owner (50%)Bay Nordtorp ApS
Owner (50%)Rasmus Høj Larsen Holding ApS
Owner (33%)BIRKEBO HOLDING ApS
Owner (33%)Bay Nordtorp ApS
Owner (33%)Rasmus Høj Larsen Holding ApS
Owner (25%)BIRKEBO HOLDING ApS
Owner (25%)Bay Nordtorp ApS
Owner (25%)Rasmus Høj Larsen Holding ApS
Owner (10%)Frisa ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderBay Nordtorp ApSCurrent
FounderRasmus Høj Larsen Holding ApSCurrent

The CEOs' other companies

Mads Larsson – 9 other companies

Rasmus Høj Larsen – 6 other companies

Address history (3 moves)

Kuttervej 15, 9990 Skagen
Skippergade 54, 1., 9900 Frederikshavn
Silovej 8, 1., 9900 Frederikshavn
Violvej 9, 9990 Skagen

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about L&N Supply Ships ApS

Has L&N Supply Ships ApS gone bankrupt?

No, L&N Supply Ships ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of L&N Supply Ships ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of L&N Supply Ships ApS?

Mads Larsson, Rasmus Høj Larsen are the CEOs of L&N Supply Ships ApS.

Who is the auditor of L&N Supply Ships ApS?

L&N Supply Ships ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was L&N Supply Ships ApS founded?

L&N Supply Ships ApS was founded on 24 July 2020.

What is the equity of L&N Supply Ships ApS?

Equity was DKK 26.3m according to the annual report for the period ending 30 September 2025.

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