NORDIC PIPE ApS

CVR 26533643 · Private limited company (ApS) · Active · Low risk

NORDIC PIPE ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.3m and a net result of DKK 33k. CEO: Sif Kjølby.

Bankruptcy risk for NORDIC PIPE 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

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
26533643
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Fynsvej 12
5500 Middelfart
Municipality
Middelfart
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 126k
Employees
2 (2018)
Auditor
AAEN & CO. STATSAUTORISEREDE REVISORER P/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 24
Missing annual reportNo
Negative equityNo
Equity ratio63.3%
Current ratio268%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 360kDKK 1.9mDKK 693k
Net profitDKK 33kDKK 1.2mDKK 226k
EquityDKK 2.3mDKK 3.3mDKK 2.6m
Total assetsDKK 3.7mDKK 4.1mDKK 3.9m
CashDKK 699kDKK 1.3m–
Short-term debtDKK 1.4mDKK 817k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Aaen & Co. statsautoriserede revisorer p/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019216 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013175
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011136
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007164
1 Jan 2006 – 31 Dec 200688

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
CEOSif KjølbyCurrent
CEOSteen Kjølby
Owner (100%)Klewen Holding ApSCurrent
Owner (50%)GUSTAV HOLDING ApS
Owner (50%)V R HOLDING ApS
Owner (50%)Gustav Holding ApS
Owner (50%)VRL ApS
Owner (50%)Gustav Holding ApS
Owner (50%)VRL ApS
Owner (10%)Ingris Holding IVS
Owner (100%)Gustav Holding ApS
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPETTERSON & CO ApS
AuditorSelskabet af den 4. juli 2016 RVT ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSteen KjølbyCurrent
FounderVerner RosendalCurrent
FounderSøren Paw HansenCurrent

The CEOs' other companies

Sif Kjølby – 6 other companies

Steen Kjølby – 15 other companies

Address history (9 moves)

Fynsvej 12, 5500 Middelfart
Fynsvej 12, 5500 Middelfart
Jyllandsvej 51, 5500 Middelfart
Fynsvej 59, 5500 Middelfart
Korsholm Alle 20, 5500 Middelfart
Lollandsvej 23, 5500 Middelfart
Lollandsvej 14, 5500 Middelfart
Lollandsvej 14, 5500 Middelfart
Industrivej 7, 5500 Middelfart
Industrivej 11, 5500 Middelfart

Former names

NORDIC PIPE ApS – now
NORDIC PIPE AF 01.03.2002 ApS –

Employees per year

Number of employees at NORDIC PIPE ApS per year232011: 120112012: 120122013: 120132014: 220142015: 220152016: 320162017: 220172018: 22018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about NORDIC PIPE ApS

Has NORDIC PIPE ApS gone bankrupt?

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

What is the bankruptcy risk of NORDIC PIPE 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 NORDIC PIPE ApS?

Sif Kjølby is the CEO of NORDIC PIPE ApS.

Who is the auditor of NORDIC PIPE ApS?

NORDIC PIPE ApS most recently used AAEN & CO. STATSAUTORISEREDE REVISORER P/S.

When was NORDIC PIPE ApS founded?

NORDIC PIPE ApS was founded on 18 March 2002.

What is the equity of NORDIC PIPE ApS?

Equity was DKK 2.3m 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.