MORTEN NØRGAARD HOLDING AARS ApS

CVR 25255771 · Private limited company (ApS) · Active · Low risk

MORTEN NØRGAARD HOLDING AARS ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK -380k and a net result of DKK 104k. CEO: Morten Nørgaard Kristensen.

Bankruptcy risk for MORTEN NØRGAARD HOLDING AARS ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
25255771
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Himmerlandsgade 111
9600 Aars
Municipality
Vesthimmerlands
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 130k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 26
Missing annual reportNo
Negative equityYes
Equity ratio-22.9%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -15kDKK -15kDKK -15k
Net profitDKK 104kDKK 511kDKK 205k
EquityDKK -380kDKK -484kDKK -995k
Total assetsDKK 1.7mDKK 2.3mDKK 2.0m
CashDKK 6,490DKK 12k–
Short-term debtDKK 1.8mDKK 2.6m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023158
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 2021169
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018110
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014191 Late
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006157

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 Nørgaard KristensenCurrent
Owner (100%)Morten Nørgaard KristensenCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderMorten Nørgaard KristensenCurrent

The CEOs' other companies

Morten Nørgaard Kristensen – 7 other companies, of which 1 bankrupt

Address history (4 moves)

Himmerlandsgade 111, 9600 Aars
Ingemannsvej 4, 9600 Aars
Søndre Skovvej 30, 9000 Aalborg
Markedsvej 8, 9600 Aars
Markedsvej 8, 9600 Aars

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about MORTEN NØRGAARD HOLDING AARS ApS

Has MORTEN NØRGAARD HOLDING AARS ApS gone bankrupt?

No, MORTEN NØRGAARD HOLDING AARS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MORTEN NØRGAARD HOLDING AARS ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MORTEN NØRGAARD HOLDING AARS ApS?

Morten Nørgaard Kristensen is the CEO of MORTEN NØRGAARD HOLDING AARS ApS.

Who is the auditor of MORTEN NØRGAARD HOLDING AARS ApS?

MORTEN NØRGAARD HOLDING AARS ApS most recently used Beierholm.

When was MORTEN NØRGAARD HOLDING AARS ApS founded?

MORTEN NØRGAARD HOLDING AARS ApS was founded on 9 March 2000.

What is the equity of MORTEN NØRGAARD HOLDING AARS ApS?

Equity was DKK -380k 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.