HINDENBURG SYSTEMS ApS

CVR 32359337 · Private limited company (ApS) · Active · Low risk

HINDENBURG SYSTEMS ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 16 annual reports have been published, of which 2 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 -101k. CEO: Nick Dunkerley, Preben Friis Simonsen.

Bankruptcy risk for HINDENBURG SYSTEMS ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · 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
32359337
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Knabrostræde 20, 1.
1210 København K
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 167k
Employees
6 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio28.3%
Current ratio103%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.9mDKK 4.6m
Net profitDKK -101kDKK -1.3m
EquityDKK 2.3mDKK 2.4m
Total assetsDKK 8.0mDKK 7.7m
CashDKK 1.5m–
Short-term debtDKK 5.0m–
Tax owedDKK 15k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021169
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018171
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013153
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011122
11 Aug 2009 – 31 Dec 2010131

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
CEONick DunkerleyCurrent
CEOPreben Friis SimonsenCurrent
CEOChristian Linnemann Mottes
Owner (33%)DUNKERLEY ApSCurrent
Owner (33%)PF MEDIA ApSCurrent
Owner (5%)DANA RHAETIA HOLDINGS ApSCurrent
Owner (33%)DANA RHAETIA HOLDINGS ApS
Owner (10%)DANA RHAETIA HOLDINGS ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBM Virksomhedsrådgivning ApS
AuditorJVPE Revision ApS
AuditorLægård Revision Statsautoriseret revisionsfirma
FounderDUNKERLEY ApSCurrent
FounderPF MEDIA ApSCurrent

The CEOs' other companies

Nick Dunkerley – 1 other companies

Preben Friis Simonsen – 1 other companies

Christian Linnemann Mottes – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Knabrostræde 20, 1., 1210 København K
c/o Preben Friis Simonsen, Brobyvej 58, 2650 Hvidovre

Former names

HINDENBURG SYSTEMS ApS – now
NSAKA ApS –

Employees per year

Number of employees at HINDENBURG SYSTEMS ApS per year362011: 320112012: 420122013: 420132014: 320142015: 520152016: 520162017: 620172018: 62018

Other companies at the same address

Similar companies in København

Questions and answers about HINDENBURG SYSTEMS ApS

Has HINDENBURG SYSTEMS ApS gone bankrupt?

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

What is the bankruptcy risk of HINDENBURG SYSTEMS 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 HINDENBURG SYSTEMS ApS?

Nick Dunkerley, Preben Friis Simonsen are the CEOs of HINDENBURG SYSTEMS ApS.

Who is the auditor of HINDENBURG SYSTEMS ApS?

HINDENBURG SYSTEMS ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was HINDENBURG SYSTEMS ApS founded?

HINDENBURG SYSTEMS ApS was founded on 11 August 2009.

What is the equity of HINDENBURG SYSTEMS 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.