FineNordic A/S

CVR 36941375 · Public limited company (A/S) · Active · Low risk

FineNordic A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 23.0m and a net result of DKK 5.2m. CEO: Kristian Larsen.

Bankruptcy risk for FineNordic A/S

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

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
36941375
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Elholm 25
6400 Sønderborg
Municipality
Sønderborg
Industry
Detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n. (475590)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
17 (2018)
Auditor
SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio59.7%
Current ratio247%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 12.9mDKK 15.6mDKK 16.4m
Net profitDKK 5.2mDKK 7.0mDKK 6.5m
EquityDKK 23.0mDKK 24.8mDKK 27.8m
Total assetsDKK 38.5mDKK 45.5mDKK 52.7m
CashDKK 168kDKK 339k–
Short-term debtDKK 15.5mDKK 20.8m–
Avg. employees1111–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 202188
1 Jan 2020 – 31 Dec 202075
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 201680
1 Jan 2015 – 31 Dec 2015168

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
CEOKristian LarsenCurrent
CEOAlice Juhl Larsen
BoardAlice Juhl LarsenCurrent
BoardKristian LarsenCurrent
BoardJonas Juhl LarsenCurrent
BoardKristian Larsen
BoardJonas Juhl Larsen
Owner (100%)FineNordic Holding ApSCurrent
Owner (50%)Kristian Larsen
Owner (50%)Alice Juhl Larsen
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorMN Regnskab
Auditormidt revision ApS
FounderAlice Juhl LarsenCurrent

The CEOs' other companies

Kristian Larsen – 1 other companies

Alice Juhl Larsen – 1 other companies

Address history (2 moves)

Elholm 25, 6400 Sønderborg
Elholm 25, 6400 Sønderborg
Moeskjærvej 2, 7620 Lemvig

Employees per year

Number of employees at FineNordic A/S per year9172016: 1520162017: 1320172018: 172018

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about FineNordic A/S

Has FineNordic A/S gone bankrupt?

No, FineNordic A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FineNordic A/S?

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 FineNordic A/S?

Kristian Larsen is the CEO of FineNordic A/S.

Who is the auditor of FineNordic A/S?

FineNordic A/S most recently used SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was FineNordic A/S founded?

FineNordic A/S was founded on 24 June 2015.

What is the equity of FineNordic A/S?

Equity was DKK 23.0m 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.