GOLIATH CONSTRUCTION ApS

CVR 10098122 · Private limited company (ApS) · Active · Low risk

GOLIATH CONSTRUCTION ApS is a Private limited company (ApS), founded on , based in Sæby. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 215k and a net result of DKK -83k. CEO: John Nørbak.

Bankruptcy risk for GOLIATH CONSTRUCTION ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · 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×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
10098122
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Hybenvej 28
9300 Sæby
Municipality
Frederikshavn
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Employees
0 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 23
Missing annual reportNo
Negative equityNo
Equity ratio25.0%
Current ratio29%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 30kDKK 50kDKK 53k
Net profitDKK -83kDKK 9,027DKK 33k
EquityDKK 215kDKK 298kDKK 289k
Total assetsDKK 861kDKK 938kDKK 1.0m
CashDKK 184kDKK 189k–
Short-term debtDKK 646kDKK 640k–
Tax owedDKK 572DKK 528–
Avg. employees11–

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 2025156
1 Jan 2024 – 31 Dec 2024238 Late
1 Jan 2023 – 31 Dec 2023224 Late
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020199 Late
1 Jan 2019 – 31 Dec 2019269 Late
1 Jan 2018 – 31 Dec 2018190 Late
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015179
1 Jan 2014 – 31 Dec 2014203 Late
1 Jan 2013 – 31 Dec 2013181
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011185 Late
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009156
1 Jan 2008 – 31 Dec 2008167
1 Jan 2007 – 31 Dec 2007162
1 Jan 2006 – 31 Dec 2006164

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
CEOJohn NørbakCurrent
CEOAage Madsen
Owner (100%)John NørbakCurrent
AuditorUTF AF 15.10.93 ApS
AuditorAamann & Nørbak Statsautoriserede revisorer
AuditorAAMANN & NØRBAK INVEST ApS
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderAFM AF 10.10.2002 ApSCurrent

The CEOs' other companies

John Nørbak – 3 other companies, of which 3 bankrupt

Aage Madsen – 18 other companies, of which 7 bankrupt

Address history (2 moves)

Hybenvej 28, 9300 Sæby
Hybenvej 28, 9300 Sæby
Dyreborgvej 101, 5600 Faaborg

Former names

GOLIATH CONSTRUCTION ApS – now
PAYDK ApS –

Employees per year

Number of employees at GOLIATH CONSTRUCTION ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 02018

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Questions and answers about GOLIATH CONSTRUCTION ApS

Has GOLIATH CONSTRUCTION ApS gone bankrupt?

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

What is the bankruptcy risk of GOLIATH CONSTRUCTION ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of GOLIATH CONSTRUCTION ApS?

John Nørbak is the CEO of GOLIATH CONSTRUCTION ApS.

Who is the auditor of GOLIATH CONSTRUCTION ApS?

GOLIATH CONSTRUCTION ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was GOLIATH CONSTRUCTION ApS founded?

GOLIATH CONSTRUCTION ApS was founded on 22 September 2002.

What is the equity of GOLIATH CONSTRUCTION ApS?

Equity was DKK 215k 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.