BORGEN INVEST ApS

CVR 19723879 · Private limited company (ApS) · Active · Low risk

BORGEN INVEST ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry udlejning af erhvervsejendomme. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 31.7m and a net result of DKK -513k. CEO: Allan Nørgaard.

Bankruptcy risk for BORGEN INVEST ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
19723879
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Bøge Alle 2
9000 Aalborg
Municipality
Aalborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 29
Missing annual reportNo
Negative equityNo
Equity ratio41.5%
Current ratio11%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 836kDKK 788kDKK 560k
Net profitDKK -513kDKK -443kDKK -731k
EquityDKK 31.7mDKK 32.2mDKK 32.7m
Total assetsDKK 76.4mDKK 83.3mDKK 76.9m
CashDKK 341kDKK 181k–
Short-term debtDKK 12.3mDKK 17.4m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020152
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014112
1 Jan 2013 – 31 Dec 201378
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011172
1 Jan 2010 – 31 Dec 2010228 Late
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007184 Late
1 Jan 2006 – 31 Dec 2006168

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
CEOAllan NørgaardCurrent
CEOJørgen Henrik Christensen
CEOFlemming Kent Isgaard Ørtoft
CEOPeter Rytter Nielsen
Owner (100%)KBH HOLDING, AALBORG ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJørgen Henrik ChristensenCurrent

The CEOs' other companies

Allan Nørgaard – 32 other companies

Jørgen Henrik Christensen – 57 other companies, of which 55 bankrupt

Flemming Kent Isgaard Ørtoft – 2 other companies, of which 2 bankrupt

Peter Rytter Nielsen – 5 other companies, of which 3 bankrupt

Address history (3 moves)

Bøge Alle 2, 9000 Aalborg
Hasserisvej 143, 9000 Aalborg
Bøge Alle 2, 9000 Aalborg
Frederik Obels Vej 16, 9000 Aalborg

Former names

BORGEN INVEST ApS – now
BORGER INVEST ApS –
BORGERGADE 17. AALBORG ApS –
BOULAW 1103 ApS –

Employees per year

Number of employees at BORGEN INVEST ApS per year242011: 220112012: 220122013: 320132014: 320142015: 320152016: 420162017: 320172018: 32018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about BORGEN INVEST ApS

Has BORGEN INVEST ApS gone bankrupt?

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

What is the bankruptcy risk of BORGEN INVEST 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 CEO of BORGEN INVEST ApS?

Allan Nørgaard is the CEO of BORGEN INVEST ApS.

Who is the auditor of BORGEN INVEST ApS?

BORGEN INVEST ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was BORGEN INVEST ApS founded?

BORGEN INVEST ApS was founded on 21 November 1996.

What is the equity of BORGEN INVEST ApS?

Equity was DKK 31.7m 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.