MIDTJYSK NORDMANN A/S

CVR 34093547 · Public limited company (A/S) · Active · Very high risk

MIDTJYSK NORDMANN A/S is a Public limited company (A/S), founded on , based in Sorring. The company is registered in the industry dyrkning af træer og andre skovbrugsaktiviteter. Our model estimates a bankruptcy risk of 8.1% over the next 12 months, which is 5.8 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.3m and a net result of DKK -2.0m.

Bankruptcy risk for MIDTJYSK NORDMANN A/S

8.1%
probability of bankruptcy within 12 months
Very high risk

5.8 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
34093547
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Dallerupvej 35
8641 Sorring
Municipality
Silkeborg
Industry
Dyrkning af træer og andre skovbrugsaktiviteter (021000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
3 (2018)
Auditor
LRS/DGR
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio37.0%
Current ratio21%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 730kDKK 670k
Net profitDKK -2.0mDKK 117k
EquityDKK 2.3mDKK 3.4m
Total assetsDKK 6.3mDKK 9.4m
Short-term debtDKK 1.3m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · LRS/DGR.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202584
1 Jul 2023 – 30 Jun 2024113
1 Jul 2022 – 30 Jun 202398
1 Jul 2021 – 30 Jun 2022230 Late
1 Jul 2020 – 30 Jun 2021147
1 Jul 2019 – 30 Jun 2020128
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018122
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016151
1 Jul 2014 – 30 Jun 2015164
1 Jul 2013 – 30 Jun 2014150
1 Jul 2012 – 30 Jun 2013163
1 Jul 2011 – 30 Jun 2012171

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
CEOHolger Vestergaard
CEOHolger Vestergaard
BoardPeter Henrik de Linde VestergaardCurrent
BoardSøren Ulrik Husted VestergaardCurrent
BoardSidsel de LindeCurrent
BoardCamilla Lomholt Husted VestergaardCurrent
BoardHolger Vestergaard
BoardSøren Lundgaard
BoardElin Dam Vestergaard
BoardJørgen Boye
BoardMia Dam Løkke
BoardHolger Vestergaard
BoardElin Dam Vestergaard
BoardJørgen Boye
BoardMia Dam Løkke
Owner (100%)Nordmann Trade Holding ApSCurrent
Owner (100%)MIDTJYSK NORDMANN HOLDING ApS
AuditorVelas I/S
AuditorDSH-REVISION ApS
FounderHolger VestergaardCurrent

The CEOs' other companies

Holger Vestergaard – 4 other companies, of which 2 bankrupt

Address history (1 moves)

Dallerupvej 35, 8641 Sorring
Klankballevej 22, 8670 Låsby

Employees per year

Number of employees at MIDTJYSK NORDMANN A/S per year6122012: 320122013: 920132014: 1220142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MIDTJYSK NORDMANN A/S

Has MIDTJYSK NORDMANN A/S gone bankrupt?

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

What is the bankruptcy risk of MIDTJYSK NORDMANN A/S?

Our model estimates a bankruptcy risk of 8.1% over the next 12 months (very high risk), which is 5.8 times the average for Danish companies.

Who is the auditor of MIDTJYSK NORDMANN A/S?

MIDTJYSK NORDMANN A/S most recently used LRS/DGR.

When was MIDTJYSK NORDMANN A/S founded?

MIDTJYSK NORDMANN A/S was founded on 29 December 2011.

What is the equity of MIDTJYSK NORDMANN A/S?

Equity was DKK 2.3m 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.