Let it Grow Holding ApS

CVR 43798952 · Private limited company (ApS) · Active · Medium risk

Let it Grow Holding ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 40k and a net result of DKK 0. CEO: Kim Jelling Ørnbo.

Bankruptcy risk for Let it Grow Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%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
43798952
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Slengeriksvej 3
5500 Middelfart
Municipality
Middelfart
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio50.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK -2,500
Net profitDKK 0DKK -2,500
EquityDKK 40kDKK 38k
Total assetsDKK 80kDKK 80k
Short-term debtDKK 40k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
23 Jan 2023 – 30 Jun 2024213 Late

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
CEOKim Jelling ØrnboCurrent
Owner (100%)Kim Jelling ØrnboCurrent
FounderKim Jelling ØrnboCurrent

The CEOs' other companies

Kim Jelling Ørnbo – 6 other companies

Address history (0 moves)

Slengeriksvej 3, 5500 Middelfart

Other companies at the same address

Similar companies in Middelfart

Questions and answers about Let it Grow Holding ApS

Has Let it Grow Holding ApS gone bankrupt?

No, Let it Grow Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Let it Grow Holding 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 Let it Grow Holding ApS?

Kim Jelling Ørnbo is the CEO of Let it Grow Holding ApS.

When was Let it Grow Holding ApS founded?

Let it Grow Holding ApS was founded on 23 January 2023.

What is the equity of Let it Grow Holding ApS?

Equity was DKK 40k according to the annual report for the period ending 30 June 2025.

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