Linnésgade 16 ApS

CVR 43691562 · Private limited company (ApS) · Active · Medium risk

Linnésgade 16 ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -40k and a net result of DKK -16k. CEO: Martin Elbke, Lasse Ingeman Michaelsen.

Bankruptcy risk for Linnésgade 16 ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
43691562
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Sønder Boulevard 67
1720 København V
Municipality
København
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-234.1%
Current ratio30%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -7,297
Net profitDKK -16kDKK -9,105
EquityDKK -40kDKK -25k
Total assetsDKK 17kDKK 42k
CashDKK 17k–
Short-term debtDKK 58k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 2024174
7 Dec 2022 – 31 Dec 2023180

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
CEOMartin ElbkeCurrent
CEOLasse Ingeman MichaelsenCurrent
Owner (50%)Loftrum.dk ApSCurrent
Owner (50%)IF Invest ApSCurrent
AuditorAIDER Godkendt Revisionsaktieselskab
FounderLoftrum.dk ApSCurrent
FounderIF Invest ApSCurrent

The CEOs' other companies

Martin Elbke – 2 other companies, of which 2 bankrupt

Lasse Ingeman Michaelsen – 8 other companies

Address history (0 moves)

Sønder Boulevard 67, 1720 København V

Other companies at the same address

Similar companies in København

Questions and answers about Linnésgade 16 ApS

Has Linnésgade 16 ApS gone bankrupt?

No, Linnésgade 16 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Linnésgade 16 ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Linnésgade 16 ApS?

Martin Elbke, Lasse Ingeman Michaelsen are the CEOs of Linnésgade 16 ApS.

Who is the auditor of Linnésgade 16 ApS?

Linnésgade 16 ApS most recently used Baker Tilly Denmark.

When was Linnésgade 16 ApS founded?

Linnésgade 16 ApS was founded on 7 December 2022.

What is the equity of Linnésgade 16 ApS?

Equity was DKK -40k 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.