IGE+XAO NORDIC ApS

CVR 13266395 · Private limited company (ApS) · Active · Low risk

IGE+XAO NORDIC ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry anden udgivelse af software. 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. The latest annual report (31 Dec 2025) shows equity of DKK 10.2m and a net result of DKK 7.1m.

Bankruptcy risk for IGE+XAO NORDIC ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
13266395
Status
Active
Company type
Private limited company (ApS)
Founded
(37 years)
Address
Lautrupvang 1
2750 Ballerup
Municipality
Ballerup
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 600k
Employees
7 (2018)
Auditor
AAEN & CO. STATSAUTORISEREDE REVISORER P/S
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio30.5%
Current ratio142%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address20
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 30.1mDKK 28.4m
Net profitDKK 7.1mDKK 7.4m
EquityDKK 10.2mDKK 12.2m
Total assetsDKK 33.6mDKK 28.7m
CashDKK 4.5m–
Short-term debtDKK 23.4m–
Tax owedDKK 2.1m–
Avg. employees19–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Aaen & Co. Statsautoriserede revisorer P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022129
1 Jan 2021 – 31 Dec 2021161
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019154
1 Aug 2017 – 31 Dec 2018114
1 Aug 2016 – 31 Jul 2017137
1 Aug 2015 – 31 Jul 2016150
1 Aug 2014 – 31 Jul 2015144
1 Aug 2013 – 31 Jul 2014137
1 Aug 2012 – 31 Jul 201385
1 Aug 2011 – 31 Jul 201293
1 Aug 2010 – 31 Jul 2011156
1 Aug 2009 – 31 Jul 2010130
1 Aug 2008 – 31 Jul 2009157
1 Aug 2007 – 31 Jul 2008166
1 Aug 2006 – 31 Jul 200761
1 Aug 2005 – 31 Jul 200697

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
CEOMorten Vange
BoardMorten Vange
BoardAnni Kirsten Hansen
BoardDan Søborg
BoardAlain Joseph Di Crescenzo
BoardCharles Eric Baudron
BoardRobert Guy Hubertq Grezes
Owner (100%)Schneider Electric Energy Management Software FranceCurrent
Owner (100%)Schneider Electric Energy Management Software France
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/SCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorA/S AF 14/8-1996
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten VangeCurrent
FounderAnni Kirsten HansenCurrent
FounderDan SøborgCurrent

The CEOs' other companies

Morten Vange – 4 other companies, of which 1 bankrupt

Address history (3 moves)

Lautrupvang 1, 2750 Ballerup
Bistrupvej 22, 3460 Birkerød
Bistrupvej 22, 3460 Birkerød
Kirke Værløsevej 18C, 3500 Værløse

Former names

IGE+XAO NORDIC ApS – now
IGE+XAO NORDIC A/S –
IGE+XAO DANMARK A/S –
CADDY DANMARK A/S –

Employees per year

Number of employees at IGE+XAO NORDIC ApS per year482011: 820112012: 720122013: 620132014: 720142015: 720152016: 620162017: 820172018: 72018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about IGE+XAO NORDIC ApS

Has IGE+XAO NORDIC ApS gone bankrupt?

No, IGE+XAO NORDIC ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of IGE+XAO NORDIC ApS?

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 auditor of IGE+XAO NORDIC ApS?

IGE+XAO NORDIC ApS most recently used AAEN & CO. STATSAUTORISEREDE REVISORER P/S.

When was IGE+XAO NORDIC ApS founded?

IGE+XAO NORDIC ApS was founded on 7 August 1989.

What is the equity of IGE+XAO NORDIC ApS?

Equity was DKK 10.2m 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.