LIRO A/S

CVR 73216818 · Public limited company (A/S) · Active · Low risk

LIRO A/S is a Public limited company (A/S), founded on , based in Vejby. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 5.5m and a net result of DKK -324k. CEO: Flemming Schultz.

Bankruptcy risk for LIRO A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
73216818
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
c/o Ove Lund, Vejby Strandvej 4A
3210 Vejby
Municipality
Gribskov
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Nordkyst Revision P/S
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityNo
Equity ratio69.8%
Current ratio401%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 576kDKK 560kDKK 539k
Gross profitDKK 491kDKK 466kDKK 298k
Net profitDKK -324kDKK 416kDKK 500k
EquityDKK 5.5mDKK 6.0mDKK 5.9m
Total assetsDKK 7.8mDKK 8.6mDKK 8.4m
CashDKK 62kDKK 30k–
Short-term debtDKK 342kDKK 430k–
Tax owedDKK 0DKK 160k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nordkyst Revision P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025149
1 Oct 2023 – 30 Sep 2024101
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022162
1 Oct 2020 – 30 Sep 2021147
1 Oct 2019 – 30 Sep 2020153
1 Oct 2018 – 30 Sep 2019149
1 Oct 2017 – 30 Sep 2018148
1 Oct 2016 – 30 Sep 2017122
1 Oct 2015 – 30 Sep 2016126
1 Oct 2014 – 30 Sep 2015132
1 Oct 2013 – 30 Sep 2014159
1 Oct 2012 – 30 Sep 2013182
1 Oct 2011 – 30 Sep 2012134
1 Oct 2010 – 30 Sep 2011116
1 Oct 2009 – 30 Sep 2010147
1 Oct 2008 – 30 Sep 2009154
1 Oct 2007 – 30 Sep 2008188 Late
1 Oct 2006 – 30 Sep 2007156
1 Oct 2005 – 30 Sep 2006152

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
CEOFlemming SchultzCurrent
CEOOve Lund Jensen
BoardFlemming SchultzCurrent
BoardJette Vibeke SchultzCurrent
BoardJeanne JensenCurrent
BoardOve Lund JensenCurrent
Owner (50%)Ove Lund JensenCurrent
Owner (50%)Flemming SchultzCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorBirk Garageudlejning

The CEOs' other companies

Flemming Schultz – 5 other companies, of which 1 bankrupt

Ove Lund Jensen – 2 other companies

Address history (4 moves)

c/o Ove Lund, Vejby Strandvej 4A, 3210 Vejby
c/o Flemming Schultz, Nordre Strandvej 26A, 3250 Gilleleje
c/o Flemming Schultz, Nordre Strandvej 26A, 3250 Gilleleje
Ågerupvej 16, 3200 Helsinge
Hovedgaden 405, 2640 Hedehusene

Former names

LIRO A/S – now
HEDEHUS RADIO A/S –

Employees per year

Number of employees at LIRO A/S per year122011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Gribskov

Questions and answers about LIRO A/S

Has LIRO A/S gone bankrupt?

No, LIRO A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LIRO A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of LIRO A/S?

Flemming Schultz is the CEO of LIRO A/S.

Who is the auditor of LIRO A/S?

LIRO A/S most recently used Nordkyst Revision P/S.

When was LIRO A/S founded?

LIRO A/S was founded on 28 June 1983.

What is the equity of LIRO A/S?

Equity was DKK 5.5m 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.