NTG PROJECTS A/S

CVR 32770703 · Public limited company (A/S) · Active · Low risk

NTG PROJECTS A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry godshåndtering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 29.0m and a net result of DKK 11.8m. CEO: Kenneth Ruby.

Bankruptcy risk for NTG PROJECTS A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
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×
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
32770703
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Kokbjerg 17
6000 Kolding
Municipality
Kolding
Industry
Godshåndtering (522400)
Bankruptcies in the industry: Speditører
Share capital
DKK 500k
Employees
4 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio67.7%
Current ratio309%
Moves (last 2 years)1
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 28.3mDKK 62.0m
Net profitDKK 11.8mDKK 44.8m
EquityDKK 29.0mDKK 57.2m
Total assetsDKK 42.8mDKK 96.2m
Short-term debtDKK 13.8m–
Tax owedDKK 598k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025156
1 Jan 2024 – 31 Dec 2024136
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 2021122
1 Jan 2020 – 31 Dec 2020109
1 Jan 2019 – 31 Dec 2019118
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017128
1 Jan 2016 – 31 Dec 201681
1 Jan 2015 – 31 Dec 201563
1 Jan 2014 – 31 Dec 2014104
1 Jan 2013 – 31 Dec 2013172
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011169
15 Feb 2010 – 31 Dec 2010174

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
CEOKenneth RubyCurrent
CEOHenrik Ancher
CEOMorten Berger-Schøn
CEOJonas Rotbøl
BoardMathias Bruno Jensen-VinstrupCurrent
BoardTinneke TorpeCurrent
BoardCarsten Elmdal TrolleCurrent
BoardMorten Berger-Schøn
BoardKarsten Bjerre Ankerstjerne
BoardKeld Rübner Pedersen
BoardJørgen Hansen
BoardHenrik Ancher
BoardJonas Rotbøl
BoardMorten Mathiesen
BoardChristian Paul Dyander Jakobsen
BoardMikkel Fruergaard
BoardJesper Ellegaard Petersen
BoardMichael Larsen
BoardMichael Larsen
BoardSøren Holck Lönneker Pape
Owner (100%)NORDIC TRANSPORT GROUP A/SCurrent
Owner (50%)NTG GLOBAL HOLDING ApS
Owner (33%)JR HOLDING VEJLE ApS
Owner (10%)Kasper Heiselberg Holding IVS
Owner (50%)NORDIC TRANSPORT GROUP A/S
Owner (67%)NORDIC TRANSPORT GROUP A/S
Owner (25%)JR HOLDING VEJLE ApS
Owner (15%)JR HOLDING VEJLE ApS
Owner (90%)NORDIC TRANSPORT GROUP A/S
Owner (5%)JR HOLDING VEJLE ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorREVISIONSFIRMAET PER KRONBORG REGISTRERET REVISIONSANPARTSSELSKAB
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/S
FounderNTG GLOBAL HOLDING ApSCurrent

The CEOs' other companies

Henrik Ancher – 24 other companies

Morten Berger-Schøn – 9 other companies

Jonas Rotbøl – 5 other companies

Address history (4 moves)

Kokbjerg 17, 6000 Kolding
Kokbjerg 17, 6000 Kolding
Kokbjerg 15, 6000 Kolding
Hammerholmen 47, 2650 Hvidovre
Tørringvej 20, 2610 Rødovre

Former names

NTG PROJECTS A/S – now
NTG PROJECTS ApS –
GREENWAVE CONSOLIDATORS ApS –
CW LOGISTICS ApS –

Employees per year

Number of employees at NTG PROJECTS A/S per year242012: 420122013: 220132014: 320142015: 420152016: 220162017: 320172018: 42018

Other companies at the same address

Similar companies in Kolding

Questions and answers about NTG PROJECTS A/S

Has NTG PROJECTS A/S gone bankrupt?

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

What is the bankruptcy risk of NTG PROJECTS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of NTG PROJECTS A/S?

Kenneth Ruby is the CEO of NTG PROJECTS A/S.

Who is the auditor of NTG PROJECTS A/S?

NTG PROJECTS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NTG PROJECTS A/S founded?

NTG PROJECTS A/S was founded on 15 February 2010.

What is the equity of NTG PROJECTS A/S?

Equity was DKK 29.0m 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.