Southern Jutland-based lumber and carpentry company Lund Hårdttræ has gone bankrupt just over ten months after launching in February 2024. CEO Nikolai Victor Lund cited ongoing problems with the landlord and unstable production conditions, particularly lack of electricity, as key factors forcing the closure.
© Viorel Dudau | DreamstimeThe small operation, run by Lund and an apprentice, was unable to sustain production or cover liabilities, leading the trustee to determine there were insufficient assets for creditors. Lund is now seeking new employment opportunities.
The bankruptcy highlights challenges facing small woodworking and carpentry startups in Denmark, where infrastructure issues and operational fragility can quickly derail new ventures.
Source: www.wood-supply.dk
