Fenris Nordic ApS

CVR 34735948 · Private limited company (ApS) · Active · Medium risk

Fenris Nordic ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 13 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 -8.9m and a net result of DKK -1.9m. CEO: Mogens Tveskov.

Bankruptcy risk for Fenris Nordic ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
34735948
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Kottesgade 13
5000 Odense C
Municipality
Odense
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 240k
Employees
21 (2018)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-280.1%
Current ratio22%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address38
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -1.2mDKK -882k
Net profitDKK -1.9mDKK -597k
EquityDKK -8.9mDKK -7.0m
Total assetsDKK 3.2mDKK 941k
CashDKK 55k–
Short-term debtDKK 11.4m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202556
1 Jan 2024 – 31 Dec 202458
1 Jan 2023 – 31 Dec 2023200 Late
1 Jan 2022 – 31 Dec 2022184 Late
1 Nov 2020 – 31 Oct 2021163
1 Nov 2019 – 31 Oct 202093
1 Nov 2018 – 31 Oct 2019172
1 Nov 2017 – 31 Oct 2018156
1 Nov 2016 – 31 Oct 2017160
1 Nov 2015 – 31 Oct 2016156
1 Nov 2014 – 31 Oct 2015171
1 Nov 2013 – 31 Oct 2014150
1 Nov 2012 – 31 Oct 201390

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
CEOMogens TveskovCurrent
CEOSteffen Juel Kromann
BoardKarl William Müller Carlsen
BoardRemi Leo Sahner
BoardSteffen Juel Kromann
BoardMogens Kristensen
BoardClaus Aagaard Juel Kromann
BoardMogens Tveskov
BoardSteffen Juel Kromann
BoardCarsten Due Steffensen
BoardCarsten Due Steffensen
BoardMogens Tveskov
BoardSteffen Juel Kromann
Owner (100%)TOGT INVEST ApSCurrent
Owner (25%)VESTHIMMERLAND - PROCYCLING ApS
Owner (33%)VINE AND BIKE ApS
Owner (33%)NIP Living Portefølje ApS
Owner (50%)VINE AND BIKE ApS
Owner (50%)NIP Living Portefølje ApS
Owner (50%)TOGT INVEST ApS
Owner (33%)CARSTEN DUE STEFFENSEN HOLDING ApS
Owner (33%)VINE AND BIKE ApS
Owner (33%)TOGT INVEST ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorAIDER Godkendt Revisionsaktieselskab
FounderVESTHIMMERLAND - PROCYCLING ApSCurrent
FounderVINE AND BIKE ApSCurrent

The CEOs' other companies

Mogens Tveskov – 50 other companies, of which 3 bankrupt

Steffen Juel Kromann – 3 other companies

Address history (2 moves)

Kottesgade 13, 5000 Odense C
Kottesgade 13, 5000 Odense C
Godthåbsvej 83, 8660 Skanderborg

Former names

Fenris Nordic ApS – now
PACE PRO CYCLING ApS –
PACE PRO CYCLING DK ApS –
PRO CYCLING DK ApS –
PRO CYCLING AND LIFECHANGE ApS –

Employees per year

Number of employees at Fenris Nordic ApS per year11212013: 1120132014: 1220142015: 1520152016: 1820162017: 1520172018: 212018

Other companies at the same address

Similar companies in Odense

Questions and answers about Fenris Nordic ApS

Has Fenris Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Fenris Nordic ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Fenris Nordic ApS?

Mogens Tveskov is the CEO of Fenris Nordic ApS.

Who is the auditor of Fenris Nordic ApS?

Fenris Nordic ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was Fenris Nordic ApS founded?

Fenris Nordic ApS was founded on 1 November 2012.

What is the equity of Fenris Nordic ApS?

Equity was DKK -8.9m 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.