NO LIMIT HOLDING ApS

CVR 35859748 · Private limited company (ApS) · Active · Low risk

NO LIMIT HOLDING ApS is a Private limited company (ApS), founded on , based in Vejstrup. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK -26k. CEO: Mike Borregaard.

Bankruptcy risk for NO LIMIT HOLDING ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
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
35859748
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Landevejen 61
5882 Vejstrup
Municipality
Svendborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.2m
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio86.2%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -8,670DKK -8,500DKK 479
Net profitDKK -26kDKK -129kDKK -243k
EquityDKK 1.0mDKK 763kDKK 891k
Total assetsDKK 1.2mDKK 1.2mDKK 1.0m
CashDKK 76DKK 46–
Short-term debtDKK 165kDKK 427k–
Tax owedDKK 16kDKK 2,200–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022157
1 Jul 2020 – 30 Jun 202197
1 Jul 2019 – 30 Jun 2020170
1 Jul 2018 – 30 Jun 201988
1 Jul 2017 – 30 Jun 201894
1 Jul 2016 – 30 Jun 2017146
1 Jul 2015 – 30 Jun 2016166
24 Apr 2014 – 30 Jun 2015174

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
CEOMike BorregaardCurrent
Owner (67%)Mike BorregaardCurrent
Owner (25%)SVEEGAARD DEVELOPMENT ApSCurrent
Owner (100%)Mike Borregaard
FounderMike BorregaardCurrent

The CEOs' other companies

Mike Borregaard – 9 other companies, of which 3 bankrupt

Address history (3 moves)

Landevejen 61, 5882 Vejstrup
Landevejen 61, 5882 Vejstrup
Bjørnøvej 40, 5700 Svendborg
Jens Juels Vej 24, 3., 5230 Odense M

Former names

NO LIMIT HOLDING ApS – now
NO LIMIT HOLDING IVS –

Other companies at the same address

Similar companies in Svendborg

Questions and answers about NO LIMIT HOLDING ApS

Has NO LIMIT HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of NO LIMIT HOLDING 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 CEO of NO LIMIT HOLDING ApS?

Mike Borregaard is the CEO of NO LIMIT HOLDING ApS.

Who is the auditor of NO LIMIT HOLDING ApS?

NO LIMIT HOLDING ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was NO LIMIT HOLDING ApS founded?

NO LIMIT HOLDING ApS was founded on 24 April 2014.

What is the equity of NO LIMIT HOLDING ApS?

Equity was DKK 1.0m 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.