NOR BUSINESS GRUPPEN HOLDING ApS

CVR 25167562 · Private limited company (ApS) · Active · Low risk

NOR BUSINESS GRUPPEN HOLDING ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -1.3m and a net result of DKK -147k. CEO: Michael Rugaard Olsen.

Bankruptcy risk for NOR BUSINESS GRUPPEN HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
25167562
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Vigerslevvej 244
2500 Valby
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 25
Missing annual reportNo
Negative equityYes
Equity ratio-60.0%
Current ratio71%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK -147kDKK 511k
EquityDKK -1.3mDKK -1.2m
Total assetsDKK 2.2mDKK 2.3m
Short-term debtDKK 605k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025169
1 Jul 2023 – 30 Jun 2024179
1 Jul 2022 – 30 Jun 2023182
1 Jul 2021 – 30 Jun 2022181
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016154
1 Jul 2014 – 30 Jun 2015160
1 Jul 2013 – 30 Jun 2014161
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010136
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 2007167
1 Jan 2006 – 31 Dec 2006151
1 Jan 2005 – 31 Dec 2005152

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
CEOMichael Rugaard OlsenCurrent
Owner (100%)Michael Rugaard OlsenCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMichael Rugaard OlsenCurrent

The CEOs' other companies

Michael Rugaard Olsen – 5 other companies

Address history (1 moves)

Vigerslevvej 244, 2500 Valby
Vigerslevvej 244, 2500 Valby

Other companies at the same address

Similar companies in København

Questions and answers about NOR BUSINESS GRUPPEN HOLDING ApS

Has NOR BUSINESS GRUPPEN HOLDING ApS gone bankrupt?

No, NOR BUSINESS GRUPPEN HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NOR BUSINESS GRUPPEN HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of NOR BUSINESS GRUPPEN HOLDING ApS?

Michael Rugaard Olsen is the CEO of NOR BUSINESS GRUPPEN HOLDING ApS.

When was NOR BUSINESS GRUPPEN HOLDING ApS founded?

NOR BUSINESS GRUPPEN HOLDING ApS was founded on 31 January 2000.

What is the equity of NOR BUSINESS GRUPPEN HOLDING ApS?

Equity was DKK -1.3m 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.