NORTECH ApS

CVR 20556099 · Private limited company (ApS) · Active · Low risk

NORTECH ApS is a Private limited company (ApS), founded on , based in Hemmet. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.2m and a net result of DKK -54k. CEO: Frank Normann Andreasen.

Bankruptcy risk for NORTECH ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
20556099
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Tarmvej 180
6893 Hemmet
Municipality
Ringkøbing-Skjern
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 2.6m
Employees
0 (2016)
Auditor
Revisionscentret Ribe GodkendtRevisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio10.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 610kDKK 521k
Net profitDKK -54kDKK 32k
EquityDKK 1.2mDKK 1.3m
Total assetsDKK 11.3mDKK 11.4m
CashDKK 11k–
Short-term debtDKK 4.4m–
Tax owedDKK 5,078–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionscentret Ribe GodkendtRevisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025189 Late
1 Jul 2023 – 30 Jun 2024190 Late
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022175
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020157
1 Jul 2018 – 30 Jun 2019172
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016124
1 Jul 2014 – 30 Jun 2015140
1 Jul 2013 – 30 Jun 2014156
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012156
1 Jul 2010 – 30 Jun 2011157
1 Jul 2009 – 30 Jun 2010165
1 Jul 2008 – 30 Jun 2009145
1 Jul 2007 – 30 Jun 2008163
1 Jul 2006 – 30 Jun 2007158
1 Jul 2005 – 30 Jun 2006149

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
CEOFrank Normann AndreasenCurrent
Owner (90%)Frank Normann AndreasenCurrent
Owner (67%)Frank Normann Andreasen
Owner (5%)Anne Louise Klindt Haaning
Owner (5%)Elisabeth Klindt Sørensen
Owner (5%)Alexander Klindt Andreasen
Owner (67%)Frank Normann Andreasen
Owner (10%)Anne Louise Klindt Haaning
Owner (10%)Alexander Klindt Andreasen
Owner (10%)Elisabeth Klindt Sørensen
Owner (67%)Frank Normann Andreasen
Owner (10%)Anne Louise Klindt Haaning
Owner (10%)Elisabeth Klindt Sørensen
Owner (10%)Alexander Klindt Andreasen
AuditorK.T. REVISION Godkendt Revisionsanpartsselskab
AuditorPARTNER REVISION VEST VARDE REGISTRERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderFrank Normann AndreasenCurrent

The CEOs' other companies

Frank Normann Andreasen – 6 other companies, of which 1 bankrupt

Address history (5 moves)

Tarmvej 180, 6893 Hemmet
Tarmvej 180, 6893 Hemmet
Åbrinken 12, 6800 Varde
Smedegade 2A, 1. tv, 6800 Varde
Kaj Munks Vej 20, 6800 Varde
Siljeager 7, 7300 Jelling

Employees per year

Number of employees at NORTECH ApS per year122001: 220012002: 120022003: 020032004: 120042006: 120062014: 120142015: 020152016: 02016

Similar companies in Ringkøbing-Skjern

Questions and answers about NORTECH ApS

Has NORTECH ApS gone bankrupt?

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

What is the bankruptcy risk of NORTECH ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of NORTECH ApS?

Frank Normann Andreasen is the CEO of NORTECH ApS.

Who is the auditor of NORTECH ApS?

NORTECH ApS most recently used Revisionscentret Ribe GodkendtRevisionsanpartsselskab.

When was NORTECH ApS founded?

NORTECH ApS was founded on 1 January 1998.

What is the equity of NORTECH ApS?

Equity was DKK 1.2m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.