Lugains Service ApS

CVR 43243446 · Private limited company (ApS) · Active · High risk

Lugains Service ApS is a Private limited company (ApS), founded on , based in Nivå. The company is registered in the industry passagertransport ad vej uden fast køreplan. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 42k and a net result of DKK -4,818.

Bankruptcy risk for Lugains Service ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
43243446
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Kastaniens Kvarter 51
2990 Nivå
Municipality
Fredensborg
Industry
Passagertransport ad vej uden fast køreplan (493200)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 43k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio26.1%
Current ratio135%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 435kDKK 680kDKK 652k
Net profitDKK -4,818DKK -20kDKK 59k
EquityDKK 42kDKK 47kDKK 67k
Total assetsDKK 161kDKK 135kDKK 140k
CashDKK 22kDKK 42k–
Short-term debtDKK 119kDKK 88k–
Tax owed–DKK 0–
Avg. employees32–

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 2024177
1 Jan 2023 – 31 Dec 202347
4 May 2022 – 31 Dec 2022107

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
Owner (90%)Abdullah Lugain Abbas Abed Al-RubaiCurrent
FounderAbdullah Lugain Abbas Abed Al-RubaiCurrent

Address history (4 moves)

Kastaniens Kvarter 51, 2990 Nivå
Slotsbryggen 14A, 4800 Nykøbing F
Rungstedvej 19A, 2970 Hørsholm
Kastaniens Kvarter 51, 2990 Nivå
Humlebæk Strandvej 163, 3050 Humlebæk

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Questions and answers about Lugains Service ApS

Has Lugains Service ApS gone bankrupt?

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

What is the bankruptcy risk of Lugains Service ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

When was Lugains Service ApS founded?

Lugains Service ApS was founded on 4 May 2022.

What is the equity of Lugains Service ApS?

Equity was DKK 42k 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.