Baldr Light ApS

CVR 42193208 · Private limited company (ApS) · Active · Medium risk

Baldr Light ApS is a Private limited company (ApS), founded on , based in Farum. The company is registered in the industry fremstilling af belysningsartikler. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 82k and a net result of DKK -76k.

Bankruptcy risk for Baldr Light ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
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×

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
42193208
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o LED iBond, Ryttermarken 10, 1.
3520 Farum
Municipality
Furesø
Industry
Fremstilling af belysningsartikler (274000)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 280k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio40.2%
Current ratio–
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 81kDKK 64k
Gross profitDKK -17kDKK 61k
Net profitDKK -76kDKK 5,172
EquityDKK 82kDKK 159k
Total assetsDKK 205kDKK 262k
CashDKK 35k–
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 2025181
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022179
4 Mar 2021 – 31 Dec 2021178

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
CEOLars Frederiksen
BoardAshok ChaudhariCurrent
BoardRene Østergaard PalneCurrent
BoardLars Frederiksen
BoardMartin Bo Hjort Løbel
BoardFlemming Thomsen
BoardMichael Brag
Owner (90%)LED iBond International A/SCurrent
Owner (5%)Solar-Tectic LLCCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
FounderLED iBond International A/SCurrent
FounderSolar-Tectic LLCCurrent

The CEOs' other companies

Lars Frederiksen – 29 other companies, of which 9 bankrupt

Address history (1 moves)

c/o LED iBond, Ryttermarken 10, 1., 3520 Farum
c/o LED iBond, Agern Alle 5A, 2970 Hørsholm

Other companies at the same address

Similar companies in Furesø

Questions and answers about Baldr Light ApS

Has Baldr Light ApS gone bankrupt?

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

What is the bankruptcy risk of Baldr Light ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

When was Baldr Light ApS founded?

Baldr Light ApS was founded on 4 March 2021.

What is the equity of Baldr Light ApS?

Equity was DKK 82k 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.