Lynge & Thybo Byg ApS

CVR 44210576 · Private limited company (ApS) · Active · Medium risk

Lynge & Thybo Byg ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (30 Sep 2025) shows equity of DKK 208k and a net result of DKK 142k. CEO: Kristian Lynge Erdal, Nicolai Thybo-Mikkelsen.

Bankruptcy risk for Lynge & Thybo Byg 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

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44210576
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Kristian Lynge Erdal, Almuevej 48
8660 Skanderborg
Municipality
Skanderborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Revisions-Partner I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio25.8%
Current ratio141%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 1.1m
Net profitDKK 142kDKK 26k
EquityDKK 208kDKK 66k
Total assetsDKK 806kDKK 350k
CashDKK 0–
Short-term debtDKK 557k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202563
1 Aug 2023 – 30 Sep 202450

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
CEOKristian Lynge ErdalCurrent
CEONicolai Thybo-MikkelsenCurrent
Owner (50%)K-Lynge Holding ApSCurrent
Owner (50%)Thybo-Mikkelsen Holding ApSCurrent
FounderK-Lynge Holding ApSCurrent
FounderThybo-Mikkelsen Holding ApSCurrent

The CEOs' other companies

Kristian Lynge Erdal – 1 other companies

Nicolai Thybo-Mikkelsen – 1 other companies

Address history (1 moves)

c/o Kristian Lynge Erdal, Almuevej 48, 8660 Skanderborg
Almuevej 48, 8660 Skanderborg

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Lynge & Thybo Byg ApS

Has Lynge & Thybo Byg ApS gone bankrupt?

No, Lynge & Thybo Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Lynge & Thybo Byg 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 Lynge & Thybo Byg ApS?

Kristian Lynge Erdal, Nicolai Thybo-Mikkelsen are the CEOs of Lynge & Thybo Byg ApS.

Who is the auditor of Lynge & Thybo Byg ApS?

Lynge & Thybo Byg ApS most recently used Revisions-Partner I/S.

When was Lynge & Thybo Byg ApS founded?

Lynge & Thybo Byg ApS was founded on 1 August 2023.

What is the equity of Lynge & Thybo Byg ApS?

Equity was DKK 208k according to the annual report for the period ending 30 September 2025.

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