Hillstrand ApS

CVR 35477470 · Private limited company (ApS) · Active · Low risk

Hillstrand ApS is a Private limited company (ApS), founded on , based in Gilleleje. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 62.5m and a net result of DKK 13.3m. CEO: Lasse Nikolaj Nørgaard.

Bankruptcy risk for Hillstrand ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×

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
35477470
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Østre Strandvej 1
3250 Gilleleje
Municipality
Gribskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
Øernes Revision Registreret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityNo
Equity ratio68.4%
Current ratio74%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -65kDKK 1.3mDKK 189k
Net profitDKK 13.3mDKK 2.6mDKK 1.5m
EquityDKK 62.5mDKK 51.7mDKK 49.8m
Total assetsDKK 91.3mDKK 66.6mDKK 66.9m
Short-term debtDKK 22.6mDKK 8.4m–
Tax owedDKK 391kDKK 785k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022146
1 Jan 2021 – 31 Dec 2021124
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019260 Late
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014182
17 Sep 2013 – 31 Dec 2013174

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
CEOLasse Nikolaj NørgaardCurrent
BoardNiels Finn Østergaard Larsen
BoardLasse Nikolaj Nørgaard
BoardLine Kaas Nørgaard
Owner (100%)Lasse Nikolaj NørgaardCurrent
AuditorØernes Revision Registreret RevisionsaktieselskabCurrent
AuditorNyberg & Nielsen ejendomsudlejning I/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLasse Nikolaj NørgaardCurrent

The CEOs' other companies

Lasse Nikolaj Nørgaard – 7 other companies

Address history (1 moves)

Østre Strandvej 1, 3250 Gilleleje
Gilleleje Hovedgade 44A, 3250 Gilleleje

Former names

Hillstrand ApS – now
NØRGAARD & LARSEN A/S –

Other companies at the same address

Similar companies in Gribskov

Questions and answers about Hillstrand ApS

Has Hillstrand ApS gone bankrupt?

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

What is the bankruptcy risk of Hillstrand ApS?

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

Who is the CEO of Hillstrand ApS?

Lasse Nikolaj Nørgaard is the CEO of Hillstrand ApS.

Who is the auditor of Hillstrand ApS?

Hillstrand ApS most recently used Øernes Revision Registreret Revisionsaktieselskab.

When was Hillstrand ApS founded?

Hillstrand ApS was founded on 17 September 2013.

What is the equity of Hillstrand ApS?

Equity was DKK 62.5m 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.