NORTH SAILS A/S

CVR 16954241 · Public limited company (A/S) · Active · Low risk

NORTH SAILS A/S is a Public limited company (A/S), founded on , based in Herlev. The company is registered in the industry detailhandel med lystbåde og udstyr hertil. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 18.3m and a net result of DKK 2.2m.

Bankruptcy risk for NORTH SAILS A/S

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

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's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
16954241
Status
Active
Company type
Public limited company (A/S)
Founded
(33 years)
Address
Lyskær 10
2730 Herlev
Municipality
Herlev
Industry
Detailhandel med lystbåde og udstyr hertil (476330)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 871k
Employees
17 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio68.8%
Current ratio318%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 13.0mDKK 12.2mDKK 12.1m
Net profitDKK 2.2mDKK 2.3mDKK 5.0m
EquityDKK 18.3mDKK 16.0mDKK 13.8m
Total assetsDKK 26.6mDKK 38.7mDKK 25.6m
CashDKK 66kDKK 322k–
Short-term debtDKK 8.2mDKK 22.6m–
Tax owedDKK 256k––
Avg. employees1213–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024106
1 Jan 2023 – 31 Dec 202377
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021143
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016177
1 Jan 2015 – 31 Dec 2015158
1 Oct 2013 – 31 Dec 2014152
1 Oct 2012 – 30 Sep 2013147
1 Oct 2011 – 30 Sep 2012158
1 Oct 2010 – 30 Sep 2011151
1 Oct 2009 – 30 Sep 2010150
1 Oct 2008 – 30 Sep 2009145
1 Oct 2007 – 30 Sep 2008126
1 Oct 2006 – 30 Sep 2007143
1 Oct 2005 – 30 Sep 200694

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
CEOIb Ussing Andersen
CEOJens Hakon Christensen
CEOLars Bo Ive
BoardJens Hakon ChristensenCurrent
BoardJesper FeldtCurrent
BoardAdrian WilliamsCurrent
BoardHenrik Søderlund
BoardPedro Campos
BoardThomas Ward Dodson
BoardJonathan Burns Fallow
BoardJean Marie Dubois
BoardPieter Barend de Ridder
BoardHenrik Søderlund
BoardLeopoldo Poppi
BoardMichael Thomas Ickert
BoardRobert Elliot Morgan
BoardThomas Dodson
BoardThomas Schnackenberg
BoardIb Ussing Andersen
BoardTrevor Arthur Jenkins
BoardCharya de Silva
BoardAndrew Oliver Schneider
Owner (100%)NTG Europe (UK) LimitedCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorI/S AF 17. OKTOBER, STATSAUTORISEREDE REVISORER
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJens Hakon ChristensenCurrent
FounderIb Ussing AndersenCurrent
FounderNORTH SAILS EUROPE A/SCurrent

The CEOs' other companies

Ib Ussing Andersen – 7 other companies, of which 2 bankrupt

Jens Hakon Christensen – 7 other companies, of which 2 bankrupt

Lars Bo Ive – 55 other companies, of which 11 bankrupt

Address history (3 moves)

Lyskær 10, 2730 Herlev
Bjarkesvej 5, 3450 Allerød
Mileparken 9, 2740 Skovlunde
Sundkrogskaj 8, 2100 København Ø

Former names

NORTH SAILS A/S – now
NORTH DIAMOND SAILMAKERS DANMARK A/S –
DIAMOND SAILMAKERS A/S –

Employees per year

Number of employees at NORTH SAILS A/S per year21412011: 4120112012: 3620122013: 3220132014: 3120142015: 1520152016: 1320162017: 1420172018: 172018

Other companies at the same address

Questions and answers about NORTH SAILS A/S

Has NORTH SAILS A/S gone bankrupt?

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

What is the bankruptcy risk of NORTH SAILS 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 auditor of NORTH SAILS A/S?

NORTH SAILS A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was NORTH SAILS A/S founded?

NORTH SAILS A/S was founded on 17 May 1993.

What is the equity of NORTH SAILS A/S?

Equity was DKK 18.3m 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.