Spinnaker Nordic ApS

CVR 35672141 · Private limited company (ApS) · Active · Low risk

Spinnaker Nordic ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.5m and a net result of DKK 309k.

Bankruptcy risk for Spinnaker Nordic ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
35672141
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Spinnaker Nordic, Overgaden Oven Vandet 8, st.
1415 København K
Municipality
København
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 50k
Employees
13 (2018)
Auditor
Boreco Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio50.1%
Current ratio195%
Moves (last 2 years)2
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.2mDKK 5.8m
Net profitDKK 309kDKK 366k
EquityDKK 1.5mDKK 1.2m
Total assetsDKK 2.9mDKK 2.5m
CashDKK 1.3m–
Short-term debtDKK 1.5m–
Avg. employees9–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025119
1 Jul 2023 – 30 Jun 2024122
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022186 Late
1 Jul 2020 – 30 Jun 202192
1 Jul 2019 – 30 Jun 2020154
1 Jul 2018 – 30 Jun 2019142
1 Jul 2017 – 30 Jun 201893
1 Jul 2016 – 30 Jun 2017129
1 Jul 2015 – 30 Jun 2016155
5 Feb 2014 – 30 Jun 2015154

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
CEOSimon Paag
CEOSimon Elkjær Sarsgaard
CEOMads Villensteen Haulund
CEOThomas Michael Mylius Kroman
CEOSimon Paag
BoardSimon PaagCurrent
BoardMads Villensteen Haulund
BoardThomas Michael Mylius Kroman
BoardBjørn Søndenskov
Owner (100%)PAAG HOLDINGS ApSCurrent
Owner (100%)Simon Paag
Owner (100%)PAAG HOLDINGS ApS
Owner (67%)PAAG HOLDINGS ApS
Owner (25%)NUTIMO ApS
Owner (100%)PAAG HOLDINGS ApS
Owner (50%)Simon Paag
Owner (10%)Bjørn Søndenskov
Owner (50%)PAAG HOLDINGS ApS
Owner (10%)STEVITO APS
Owner (25%)MAVIHA HOLDING ApS
Owner (10%)Spinnaker Nordic ApS
AuditorBoreco Statsautoriseret RevisionspartnerselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPAAG HOLDINGS ApSCurrent
FounderSimon Paag

The CEOs' other companies

Simon Paag – 11 other companies, of which 3 bankrupt

Simon Elkjær Sarsgaard – 5 other companies, of which 1 bankrupt

Mads Villensteen Haulund – 3 other companies, of which 1 bankrupt

Address history (7 moves)

c/o Spinnaker Nordic, Overgaden Oven Vandet 8, st., 1415 København K
c/o Spinnaker Nordic, Snaregade 16, 1205 København K
c/o Spinnaker Nordic, Frederiksholms Kanal 4B, 3., 1220 København K
Bryggernes Plads 17, 4., 1799 København V
Prinsessegade 1, kl. 1, 1422 København K
Danmarksgade 41, 1., 6700 Esbjerg
Bredgade 36C, 1., 1260 København K
Amagertorv 31, 4. th, 1160 København K

Former names

Spinnaker Nordic ApS – now
SPINNAKER ApS –
SPINNAKER IVS –

Employees per year

Number of employees at Spinnaker Nordic ApS per year7132014: 320142015: 420152016: 1020162017: 1320172018: 132018

Other companies at the same address

Similar companies in København

Questions and answers about Spinnaker Nordic ApS

Has Spinnaker Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Spinnaker Nordic ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of Spinnaker Nordic ApS?

Spinnaker Nordic ApS most recently used Boreco Statsautoriseret Revisionspartnerselskab.

When was Spinnaker Nordic ApS founded?

Spinnaker Nordic ApS was founded on 5 February 2014.

What is the equity of Spinnaker Nordic ApS?

Equity was DKK 1.5m 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.