NORTHICAL VENTURES ApS

CVR 35406859 · Private limited company (ApS) · Active · Low risk

NORTHICAL VENTURES ApS is a Private limited company (ApS), founded on , based in Tilst. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 12 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -103k and a net result of DKK -21k. CEO: Jacob Harboe Kristensen, Daniel Vestergaard.

Bankruptcy risk for NORTHICAL VENTURES ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
35406859
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Projektsalg Danmark ApS, True Møllevej 7
8381 Tilst
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -9,875DKK -8,936
Net profitDKK -21kDKK -9,548
EquityDKK -103kDKK -82k
Total assetsDKK 0DKK 0
Short-term debtDKK 103k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019164
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015153
25 Jul 2013 – 31 Dec 2014148

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
CEOJacob Harboe KristensenCurrent
CEODaniel VestergaardCurrent
CEOMads Bach Andersen
CEOAleksander Herforth Rendtslev
CEONicolai Elkjær Hansen
BoardJacob Harboe KristensenCurrent
BoardAleksander Herforth RendtslevCurrent
BoardDaniel VestergaardCurrent
Owner (33%)Leidra ApSCurrent
Owner (33%)DATADOG ApSCurrent
Owner (50%)A. HERFORTH IVS
Owner (50%)DATADOG ApS
Owner (33%)A. HERFORTH IVS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorROESGAARD A/S
FounderJacob Harboe KristensenCurrent
FounderMads Bach AndersenCurrent
FounderAleksander Herforth RendtslevCurrent
FounderNicolai Elkjær HansenCurrent

The CEOs' other companies

Jacob Harboe Kristensen – 9 other companies, of which 1 bankrupt

Daniel Vestergaard – 5 other companies

Mads Bach Andersen – 4 other companies

Aleksander Herforth Rendtslev – 3 other companies

Nicolai Elkjær Hansen – 1 other companies

Address history (3 moves)

c/o Projektsalg Danmark ApS, True Møllevej 7, 8381 Tilst
c/o Dokk16, Balticagade 16, 8000 Aarhus C
Helsingforsgade 27A, 8200 Aarhus N
c/o Studentervæksthus Aarhus, Møllevangs Allé 142, 8200 Aarhus N

Former names

NORTHICAL VENTURES ApS – now
KARE CREATIONS ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about NORTHICAL VENTURES ApS

Has NORTHICAL VENTURES ApS gone bankrupt?

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

What is the bankruptcy risk of NORTHICAL VENTURES ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of NORTHICAL VENTURES ApS?

Jacob Harboe Kristensen, Daniel Vestergaard are the CEOs of NORTHICAL VENTURES ApS.

Who is the auditor of NORTHICAL VENTURES ApS?

NORTHICAL VENTURES ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was NORTHICAL VENTURES ApS founded?

NORTHICAL VENTURES ApS was founded on 25 July 2013.

What is the equity of NORTHICAL VENTURES ApS?

Equity was DKK -103k 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.