NORDIC RETAIL ApS
CVR 34092575 · Private limited company (ApS) · Active · Very high risk
NORDIC RETAIL ApS is a Private limited company (ApS), founded on , based in Næstved. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 14 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK 106k and a net result of DKK -5.6m. CEO: Michael Hartmann Frandsen.
Bankruptcy risk for NORDIC RETAIL ApS
7.7 × the average (1.41%) · higher risk than 97% of active Danish companies
Increases the risk
Reduces the risk
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
- 34092575
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (14 years)
- Address
- Lunavej 6
4700 Næstved - Municipality
- Næstved
- Industry
- Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 505k
- Employees
- 18 (2018)
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 14 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 1.3% |
| Current ratio | 97% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 4 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 6 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2026 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 5.1m | DKK 7.1m | DKK 10.3m |
| Net profit | DKK -5.6m | DKK -2.7m | DKK -167k |
| Equity | DKK 106k | DKK 876k | DKK 3.6m |
| Total assets | DKK 8.0m | DKK 13.5m | DKK 11.7m |
| Cash | DKK 1.1m | DKK 26k | – |
| Short-term debt | DKK 7.6m | DKK 11.5m | – |
| Tax owed | DKK 0 | DKK 21k | – |
| Avg. employees | 13 | 13 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 30 Apr 2026 | 167 | ||
| 1 Jan 2024 – 31 Dec 2024 | 178 | ||
| 1 Jan 2023 – 31 Dec 2023 | 183 | ||
| 1 Jan 2022 – 31 Dec 2022 | 181 | ||
| 1 Jan 2021 – 31 Dec 2021 | 181 | ||
| 1 Jan 2020 – 31 Dec 2020 | 182 | ||
| 1 Jan 2019 – 31 Dec 2019 | 260 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 144 | ||
| 1 Jan 2017 – 31 Dec 2017 | 151 | ||
| 1 Jan 2016 – 31 Dec 2016 | 90 | ||
| 1 Jan 2015 – 31 Dec 2015 | 151 | ||
| 1 Jan 2014 – 31 Dec 2014 | 139 | ||
| 1 Jan 2013 – 31 Dec 2013 | 154 | ||
| 22 Dec 2011 – 31 Dec 2012 | 190 | Late |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Hartmann Frandsen | Current | |
| CEO | Jens Vejen Stilling | ||
| CEO | Bo Frost Bennetsen | ||
| Board | Micael Heitmann Jansen | ||
| Board | Peter Körner | ||
| Board | Jens Vejen Stilling | ||
| Board | Steffen Meyer | ||
| Board | Christopher Moyell Juul | ||
| Board | Bo Frost Bennetsen | ||
| Board | Jesper Pedersen | ||
| Board | Henrik Bo Carlsen | ||
| Owner (100%) | MICHAEL FRANDSEN HOLDING ApS | Current | |
| Owner (100%) | NORDIC RETAIL HOLDING ApS | ||
| Owner (100%) | SV GRUPPEN ApS | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Auditor | EY Danmark A/S | ||
| Auditor | Rågeleje af 12. august 2021 ApS | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | Grant Thornton, Godkendt Revisionspartnerselskab | ||
| Auditor | PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab | ||
| Founder | JENS STILLING HOLDING ApS | Current | |
| Founder | MINE HOLDING ApS | Current |
The CEOs' other companies
Michael Hartmann Frandsen – 9 other companies, of which 1 bankrupt
- GLOBE MUSIK ApS Bankrupt 21 Apr 2008
- AVOS A/S Active
- Cobot Lift Holding ApS Active
- DeGoAn ApS Active
- Holmegaard Ismageri ApS Opløst
- NÆSTVED ERHVERV A/S Active
- SeeSafe ApS Active
- SeeSafe International ApS Active
- ÅBN ApS Active
Jens Vejen Stilling – 10 other companies
- CHECKPOINT SYSTEMS DANMARK A/S Opløst
- El-Filialen.dk ApS Compulsorily dissolved
- JENS STILLING HOLDING ApS Active
- METO DANMARK A/S Opløst
- MPS Nordic ApS Active
- Mambusa ApS Opløst
- NORD DATA DETAIL A/S Opløst
- NORDDATA A/S Opløst
- NORDIC RETAIL HOLDING ApS Fusioneret
- SMART EYE INVEST ApS Opløst
Bo Frost Bennetsen – 9 other companies
- A/S AARHUS FINANSIERINGSSELSKAB Opløst
- META GROUP DENMARK A/S Fusioneret
- MOBILE FX ApS Opløst
- MODO HOLDING ApS Fusioneret
- MODO SECURE SCANDINAVIA A/S Fusioneret
- NORDIC RETAIL HOLDING ApS Fusioneret
- NR Installation ApS Fusioneret
- SV GRUPPEN ApS Active
- SÖDRA TIMBER A/S Fusioneret
Address history (3 moves)
| Lunavej 6, 4700 Næstved | |
| Metalbuen 26K, 2750 Ballerup | |
| Brydehusvej 30, 2750 Ballerup | |
| Naverland 29, 2600 Glostrup |
Former names
| NORDIC RETAIL ApS | – now |
| NORDIC RETAIL A/S | – |
| JM RETAIL A/S | – |
Employees per year
Other companies at the same address
- ALPHA EJENDOMME, NÆSTVED ApS Opløst
- ALPHA NÆSTVED HOLDING ApS Active
- DeGoAn ApS Active
- MICHAEL FRANDSEN HOLDING ApS Active
- SeeSafe ApS Active
- SeeSafe IT ApS Active
- SeeSafe International ApS Active
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Questions and answers about NORDIC RETAIL ApS
Has NORDIC RETAIL ApS gone bankrupt?
No, NORDIC RETAIL ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of NORDIC RETAIL ApS?
Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.
Who is the CEO of NORDIC RETAIL ApS?
Michael Hartmann Frandsen is the CEO of NORDIC RETAIL ApS.
Who is the auditor of NORDIC RETAIL ApS?
NORDIC RETAIL ApS most recently used Beierholm Godkendt Revisionspartnerselskab.
When was NORDIC RETAIL ApS founded?
NORDIC RETAIL ApS was founded on 22 December 2011.
What is the equity of NORDIC RETAIL ApS?
Equity was DKK 106k according to the annual report for the period ending 30 April 2026.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.