NORTH ApS

CVR 26446481 · Private limited company (ApS) · Active · Low risk

NORTH ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry anden udlejning af boliger. 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. The latest annual report (31 Dec 2025) shows equity of DKK 3.1m and a net result of DKK 45k. CEO: Flemming North Larsen.

Bankruptcy risk for NORTH ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
26446481
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Nakskovvej 17
6000 Kolding
Municipality
Kolding
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio48.3%
Current ratio94%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 326kDKK 272k
Net profitDKK 45kDKK 384k
EquityDKK 3.1mDKK 3.1m
Total assetsDKK 6.5mDKK 6.5m
CashDKK 13k–
Short-term debtDKK 599k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202579
1 Jan 2024 – 31 Dec 202470
1 Jan 2023 – 31 Dec 202379
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 201997
1 Jan 2018 – 31 Dec 2018133
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016130
1 Jan 2015 – 31 Dec 201575
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013125
1 Jan 2012 – 31 Dec 2012123
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 200882
1 Jan 2007 – 31 Dec 2007157
1 Jan 2006 – 31 Dec 2006164

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
CEOFlemming North LarsenCurrent
CEOChristina North Larsen
Owner (100%)Flemming North LarsenCurrent
FounderFlemming North LarsenCurrent

The CEOs' other companies

Flemming North Larsen – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Nakskovvej 17, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about NORTH ApS

Has NORTH ApS gone bankrupt?

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

What is the bankruptcy risk of NORTH 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 NORTH ApS?

Flemming North Larsen is the CEO of NORTH ApS.

When was NORTH ApS founded?

NORTH ApS was founded on 1 January 2002.

What is the equity of NORTH ApS?

Equity was DKK 3.1m 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.