Lumaxco Group ApS

CVR 41718706 · Private limited company (ApS) · Active · High risk

Lumaxco Group ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -80k and a net result of DKK -169k. CEO: Michael Nørskov.

Bankruptcy risk for Lumaxco Group ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
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
41718706
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Storhaven 2
7100 Vejle
Municipality
Vejle
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Status RevisionGodkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-11.4%
Current ratio54%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 388kDKK 1.3mDKK 2.0m
Net profitDKK -169kDKK 31kDKK 400k
EquityDKK -80kDKK 89kDKK 58k
Total assetsDKK 700kDKK 1.5mDKK 1.3m
CashDKK 3,106DKK 375k–
Short-term debtDKK 763kDKK 1.4m–
Avg. employees03–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022191 Late
29 Sep 2020 – 31 Dec 2021182

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 NørskovCurrent
Owner (100%)Lumaxco Holding ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEKL Holding, Registreret Revisionsanpartsselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderLumaxco Holding ApSCurrent

The CEOs' other companies

Michael Nørskov – 2 other companies

Address history (0 moves)

Storhaven 2, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about Lumaxco Group ApS

Has Lumaxco Group ApS gone bankrupt?

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

What is the bankruptcy risk of Lumaxco Group ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of Lumaxco Group ApS?

Michael Nørskov is the CEO of Lumaxco Group ApS.

Who is the auditor of Lumaxco Group ApS?

Lumaxco Group ApS most recently used Status RevisionGodkendt Revisionsaktieselskab.

When was Lumaxco Group ApS founded?

Lumaxco Group ApS was founded on 29 September 2020.

What is the equity of Lumaxco Group ApS?

Equity was DKK -80k 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.