Tuesday, October 15, 2024
HomeNewsDanish EconomyLauritz.com went bankrupt

Lauritz.com went bankrupt

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The oldest auction house in Denmark closed its doors. Despite being on a growth path (got listed on the stock exchange in 2016, expanded to 12 auction houses, and went abroad to Belgium), they ran out of money. The previous year ended with a deficit of 59 million DKK. The total debt is 148 million DKK.

  • If you sold something recently through the auction house, it will be a while before you can recover your money (if ever). The auction house owes 50 million DKK to users.

  • If you have to recover money, then collect all your correspondence with Lauritz.com and report your claim to the bankruptcy estate. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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