Ulsted & Nicolaisen ApS

CVR 30523644 · Private limited company (ApS) · Active · Low risk

Ulsted & Nicolaisen ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 2.5m and a net result of DKK -271k. CEO: Alexander Ørum.

Bankruptcy risk for Ulsted & Nicolaisen ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% 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 CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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
30523644
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Nørregade 51
7500 Holstebro
Municipality
Holstebro
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 250k
Employees
6 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio22.1%
Current ratio113%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.8mDKK 3.6m
Net profitDKK -271kDKK 177k
EquityDKK 2.5mDKK 2.8m
Total assetsDKK 11.5mDKK 12.7m
CashDKK 90k–
Short-term debtDKK 8.6m–
Tax owedDKK 2–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024171
1 Oct 2022 – 30 Sep 202398
1 Oct 2021 – 30 Sep 202299
1 Oct 2020 – 30 Sep 2021104
1 Oct 2019 – 30 Sep 2020118
1 Oct 2018 – 30 Sep 2019122
1 Oct 2017 – 30 Sep 201895
1 Oct 2016 – 30 Sep 2017100
1 Oct 2015 – 30 Sep 201670
1 Oct 2014 – 30 Sep 201554
1 Oct 2013 – 30 Sep 201469
1 Oct 2012 – 30 Sep 201377
1 Oct 2011 – 30 Sep 201258
1 Oct 2010 – 30 Sep 201189
1 Oct 2009 – 30 Sep 201067
24 Sep 2008 – 30 Sep 200978

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
CEOAlexander ØrumCurrent
CEOKristian Ulsted
CEOThomas Lykke Ulsted
BoardChristian Mosegaard PedersenCurrent
BoardMike JensenCurrent
BoardAlexander ØrumCurrent
BoardKristian Ulsted
BoardSøren Michael Ulsted
BoardThomas Lykke Ulsted
BoardJesper Ulsted
BoardMike Jensen
BoardAlexander Ørum
Owner (25%)M. J. HOLDING, HOLSTEBRO ApSCurrent
Owner (25%)CHRISTIAN PEDERSEN HOLDING ApSCurrent
Owner (50%)AX. Ørum Holding ApSCurrent
Owner (25%)M. U. HOLDING ApS
Owner (67%)T. U. HOLDING ApS
Owner (50%)T. U. HOLDING ApS
Owner (50%)AX. Ørum Holding ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorKPSR I/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderK. U. HOLDING ApSCurrent
FounderM. U. HOLDING ApSCurrent

The CEOs' other companies

Alexander Ørum – 3 other companies

Kristian Ulsted – 6 other companies, of which 2 bankrupt

Thomas Lykke Ulsted – 2 other companies

Address history (1 moves)

Nørregade 51, 7500 Holstebro
Østergade 6, 7500 Holstebro

Former names

Ulsted & Nicolaisen ApS – now
ULSTED URE & SMYKKER ApS –

Employees per year

Number of employees at Ulsted & Nicolaisen ApS per year472011: 420112012: 420122013: 520132014: 520142015: 620152016: 720162017: 720172018: 62018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about Ulsted & Nicolaisen ApS

Has Ulsted & Nicolaisen ApS gone bankrupt?

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

What is the bankruptcy risk of Ulsted & Nicolaisen ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Ulsted & Nicolaisen ApS?

Alexander Ørum is the CEO of Ulsted & Nicolaisen ApS.

Who is the auditor of Ulsted & Nicolaisen ApS?

Ulsted & Nicolaisen ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Ulsted & Nicolaisen ApS founded?

Ulsted & Nicolaisen ApS was founded on 24 September 2008.

What is the equity of Ulsted & Nicolaisen ApS?

Equity was DKK 2.5m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.