NORDCAR FINANCE A/S

CVR 27688160 · Public limited company (A/S) · Active · Low risk

NORDCAR FINANCE A/S is a Public limited company (A/S), founded on , based in Silkeborg. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 68.7m and a net result of DKK 3.6m. CEO: Morten Weber.

Bankruptcy risk for NORDCAR FINANCE A/S

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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
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×

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
27688160
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
c/o Jyske Finans A/S, Kastaniehøjvej 2
8600 Silkeborg
Municipality
Silkeborg
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityNo
Equity ratio67.0%
Current ratio303%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.6mDKK 54.4mDKK 83.9m
Net profitDKK 3.6mDKK 31.5mDKK 48.4m
EquityDKK 68.7mDKK 200.1mDKK 168.5m
Total assetsDKK 102.5mDKK 269.1mDKK 559.9m
CashDKK 5.6mDKK 1.8m–
Short-term debtDKK 33.8mDKK 43.6m–
Avg. employees00–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019253 Late
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016108
1 Jan 2015 – 31 Dec 201599
1 Jan 2014 – 31 Dec 201479
1 Jan 2013 – 31 Dec 201399
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011107
1 Jan 2010 – 31 Dec 201094
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006130

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 WeberCurrent
CEOPoul Henrik Tvede
CEOChristian Ree
CEOChristian Øien Nørring
BoardMorten WeberCurrent
BoardThomas Lyngholm JacobsenCurrent
BoardKarri Bengt AnderssonCurrent
BoardPreben Laurits Stenkjær
BoardKlavs Olsen
BoardAnders Karl Bruun
BoardGudjon Kjartansson
BoardSveinn Biering Jónsson
BoardJon Snorrason
BoardHjalti Baldursson
BoardJesper Hem
BoardPoul Henrik Tvede
BoardOscar Claudius Crohn
BoardKarsten Ree
BoardRené Eghammer
BoardChristian Ree
BoardTina Fogh Aagaard
BoardHans Nielsen
BoardChristian Ree
BoardMorten Brødbæk Sørensen
BoardFranck Pierre Gaston Rohard
BoardJean-Claude Poupard
BoardFrançois Jean Marie Marcel Repolt
BoardJean-Claude Poupard
BoardPierre Alain Beguerie
BoardCarolina Miriam Hutin Millon de Villeroy
BoardMorten Albert Kristensen
BoardAurélia Cheval
BoardChristian Øien Nørring
BoardCarsten Malmros
Owner (100%)Europcar Participations S.A.S.U.Current
Owner (100%)Bricks by Ree ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Auditorinforevision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderK.W. Bruun & Co A/SCurrent

The CEOs' other companies

Morten Weber – 2 other companies

Poul Henrik Tvede – 24 other companies, of which 2 bankrupt

Christian Ree – 52 other companies, of which 2 bankrupt

Christian Øien Nørring – 7 other companies

Address history (4 moves)

c/o Jyske Finans A/S, Kastaniehøjvej 2, 8600 Silkeborg
c/o Jyske Finans A/S, Kastaniehøjvej 2, 8600 Silkeborg
Fredensgade 17, 8000 Aarhus C
Vedbæk Strandvej 350, 2950 Vedbæk
Vedbæk Strandvej 350, 2950 Vedbæk

Former names

NORDCAR FINANCE A/S – now
NORDCAR PROPERTIES A/S –
NORDCAR A/S –

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about NORDCAR FINANCE A/S

Has NORDCAR FINANCE A/S gone bankrupt?

No, NORDCAR FINANCE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORDCAR FINANCE A/S?

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 NORDCAR FINANCE A/S?

Morten Weber is the CEO of NORDCAR FINANCE A/S.

Who is the auditor of NORDCAR FINANCE A/S?

NORDCAR FINANCE A/S most recently used EY Godkendt Revisionspartnerselskab.

When was NORDCAR FINANCE A/S founded?

NORDCAR FINANCE A/S was founded on 30 March 2004.

What is the equity of NORDCAR FINANCE A/S?

Equity was DKK 68.7m 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.