Ejendomsselskabet Lycas ApS

CVR 44491508 · Private limited company (ApS) · Active · Low risk

Ejendomsselskabet Lycas ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.0m and a net result of DKK 1.3m. CEO: Bo Lyngsø, Michael Cassøe.

Bankruptcy risk for Ejendomsselskabet Lycas ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
Number of CEOs2 · 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
44491508
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Orebygårdvej 11B
7400 Herning
Municipality
Herning
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio7.2%
Current ratio3%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.3mDKK 2.7m
Net profitDKK 1.3mDKK 633k
EquityDKK 2.0mDKK 673k
Total assetsDKK 27.5mDKK 32.8m
Short-term debtDKK 15.5m–
Tax owedDKK 371k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202558
12 Dec 2023 – 31 Dec 202480

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
CEOBo LyngsøCurrent
CEOMichael CassøeCurrent
Owner (50%)LYNGSØ HOLDING ApSCurrent
Owner (50%)M. CASSØE HOLDING ApSCurrent
FounderLYNGSØ HOLDING ApSCurrent
FounderM. CASSØE HOLDING ApSCurrent

The CEOs' other companies

Bo Lyngsø – 16 other companies, of which 3 bankrupt

Michael Cassøe – 17 other companies

Address history (1 moves)

Orebygårdvej 11B, 7400 Herning
Hammershusvej 1B, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about Ejendomsselskabet Lycas ApS

Has Ejendomsselskabet Lycas ApS gone bankrupt?

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

What is the bankruptcy risk of Ejendomsselskabet Lycas ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Ejendomsselskabet Lycas ApS?

Bo Lyngsø, Michael Cassøe are the CEOs of Ejendomsselskabet Lycas ApS.

Who is the auditor of Ejendomsselskabet Lycas ApS?

Ejendomsselskabet Lycas ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Ejendomsselskabet Lycas ApS founded?

Ejendomsselskabet Lycas ApS was founded on 12 December 2023.

What is the equity of Ejendomsselskabet Lycas ApS?

Equity was DKK 2.0m 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.