TRUE NORTH ApS

CVR 30562569 · Private limited company (ApS) · Active · Medium risk

TRUE NORTH ApS is a Private limited company (ApS), founded on , based in Hørsholm. The company is registered in the industry anden undervisning i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK 2.1m. CEO: Nicolai Moltke-Leth.

Bankruptcy risk for TRUE NORTH ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
30562569
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Rungstedvej 41
2970 Hørsholm
Municipality
Hørsholm
Industry
Anden undervisning i.a.n. (855900)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 125k
Employees
8 (2018)
Auditor
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio31.0%
Current ratio141%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.8mDKK 6.4mDKK 4.0m
Net profitDKK 2.1mDKK 2.5mDKK 1.1m
EquityDKK 2.4mDKK 2.3mDKK 1.2m
Total assetsDKK 7.9mDKK 5.8mDKK 3.2m
CashDKK 4.1mDKK 4.6m–
Short-term debtDKK 5.4mDKK 3.4m–
Tax owedDKK 616kDKK 614k–
Avg. employees65–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016173
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014128
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012179
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009154
17 Jan 2008 – 31 Dec 2008154

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
CEONicolai Moltke-LethCurrent
CEONicolai Moltke-Leth
CEOEva Cathrine Moltke-Leth
BoardNicolai Moltke-LethCurrent
BoardCasper Moltke-Leth
BoardUlrik Bülow
BoardLars Bo Jeppesen
BoardNicolai Moltke-Leth
BoardJan Bendix
BoardKaren Marie Madsen
Owner (10%)Højstrøm Holding ApSCurrent
Owner (90%)MOLTKE-LETH ApSCurrent
Owner (67%)MOLTKE-LETH ApS
Owner (20%)CHLH ApS
Owner (15%)CHLH ApS
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
FounderMOLTKE-LETH ApSCurrent

The CEOs' other companies

Nicolai Moltke-Leth – 15 other companies, of which 1 bankrupt

Eva Cathrine Moltke-Leth – 2 other companies

Address history (4 moves)

Rungstedvej 41, 2970 Hørsholm
Sneppevang 5, 3450 Allerød
Lyngsø Alle 3, 2970 Hørsholm
Savsvinget 7, 2970 Hørsholm
c/o Nicolai Moltke-Leth, Vallerød Banevej 3A, 2960 Rungsted Kyst

Employees per year

Number of employees at TRUE NORTH ApS per year13252011: 720112012: 920122013: 1120132014: 1220142015: 2220152016: 2520162017: 1520172018: 82018

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about TRUE NORTH ApS

Has TRUE NORTH ApS gone bankrupt?

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

What is the bankruptcy risk of TRUE NORTH ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TRUE NORTH ApS?

Nicolai Moltke-Leth is the CEO of TRUE NORTH ApS.

Who is the auditor of TRUE NORTH ApS?

TRUE NORTH ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was TRUE NORTH ApS founded?

TRUE NORTH ApS was founded on 17 January 2008.

What is the equity of TRUE NORTH ApS?

Equity was DKK 2.4m 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.