NOTIO DIRECT XPRESS A/S

CVR 32150993 · Public limited company (A/S) · Active · Medium risk

NOTIO DIRECT XPRESS A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 16 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 2.6m and a net result of DKK 10.5m. CEO: Flemming Lindtofte.

Bankruptcy risk for NOTIO DIRECT XPRESS A/S

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
32150993
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Petersbjerggård 10, 1. th
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
3 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio72.7%
Current ratio367%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 14.9mDKK 13.4m
Net profitDKK 10.5mDKK 9.1m
EquityDKK 2.6mDKK 14.2m
Total assetsDKK 3.6mDKK 18.0m
CashDKK 2.4m–
Short-term debtDKK 988k–
Tax owedDKK 533k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2024 – 30 Jun 2025150
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 202281
1 Jan 2021 – 31 Dec 2021110
1 Jan 2020 – 31 Dec 202081
1 Jan 2019 – 31 Dec 201969
1 Jan 2018 – 31 Dec 201860
1 Jan 2017 – 31 Dec 2017102
1 Jan 2016 – 31 Dec 201693
1 Jan 2015 – 31 Dec 201598
1 Jan 2014 – 31 Dec 201472
1 Jan 2013 – 31 Dec 2013122
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 201089
15 May 2009 – 31 Dec 200977

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 LindtofteCurrent
CEOHenrik Kasnæs
CEOFlemming Lindtofte
BoardHenrik TheilbjørnCurrent
BoardFlemming LindtofteCurrent
BoardPoul KristiansenCurrent
BoardSøren IversenCurrent
BoardJan Jakobsen
BoardHenrik Kasnæs
BoardSøren Halkjær Søgaard
BoardLone Linderoth Kasnæs
BoardLone Linderoth Kasnæs
BoardAnne Linderoth Alstrup Kasnæs
Owner (100%)UNIQUE FURNITURE A/SCurrent
Owner (50%)Kasnæs Holding ApS
Owner (50%)NOTIO LIVING A/S
Owner (50%)Kasnæs Holding ApS
Owner (0%)NORDEA BANK DANMARK A/S
Owner (67%)Kasnæs Holding ApS
Owner (25%)NOTIO LIVING A/S
Owner (100%)Kasnæs Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPSR I/S
FounderKasnæs Holding ApSCurrent
FounderNOTIO LIVING A/SCurrent

The CEOs' other companies

Flemming Lindtofte – 12 other companies, of which 2 bankrupt

Henrik Kasnæs – 14 other companies, of which 2 bankrupt

Address history (3 moves)

Petersbjerggård 10, 1. th, 6000 Kolding
Hjaltesvej 16, 1., 7500 Holstebro
Nørregade 49, 7500 Holstebro
Nygade 12, 7500 Holstebro

Employees per year

Number of employees at NOTIO DIRECT XPRESS A/S per year5102011: 1020112012: 820122013: 420132014: 320142015: 420152016: 420162017: 420172018: 32018

Other companies at the same address

Similar companies in Kolding

Questions and answers about NOTIO DIRECT XPRESS A/S

Has NOTIO DIRECT XPRESS A/S gone bankrupt?

No, NOTIO DIRECT XPRESS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NOTIO DIRECT XPRESS A/S?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of NOTIO DIRECT XPRESS A/S?

Flemming Lindtofte is the CEO of NOTIO DIRECT XPRESS A/S.

Who is the auditor of NOTIO DIRECT XPRESS A/S?

NOTIO DIRECT XPRESS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NOTIO DIRECT XPRESS A/S founded?

NOTIO DIRECT XPRESS A/S was founded on 15 May 2009.

What is the equity of NOTIO DIRECT XPRESS A/S?

Equity was DKK 2.6m according to the annual report for the period ending 30 June 2025.

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