Nordbo Development ApS

CVR 36985275 · Private limited company (ApS) · Active · Low risk

Nordbo Development ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 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 -95k and a net result of DKK 58k. CEO: Martin Thingstrup Odgaard.

Bankruptcy risk for Nordbo Development ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
36985275
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o LegalDesk.dk ApS, Njalsgade 21F, 2.
2300 København S
Municipality
København
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-891.9%
Current ratio10%
Moves (last 2 years)3
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address951
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 180k––
Gross profitDKK 151kDKK 0DKK -6,394
Net profitDKK 58kDKK -15kDKK -21k
EquityDKK -95kDKK -153kDKK -138k
Total assetsDKK 11kDKK 200kDKK 200k
CashDKK 11kDKK 0–
Short-term debtDKK 106kDKK 353k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019279 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017170
13 Aug 2015 – 31 Dec 2016152

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
CEOMartin Thingstrup OdgaardCurrent
Owner (100%)Martin Thingstrup OdgaardCurrent
FounderMartin Thingstrup OdgaardCurrent

The CEOs' other companies

Martin Thingstrup Odgaard – 16 other companies, of which 3 bankrupt

Address history (5 moves)

c/o LegalDesk.dk ApS, Njalsgade 21F, 2., 2300 København S
c/o Martin Odgaard, Arresøvej 10B, 1. 1, 8240 Risskov
c/o Martin Odgaard, Oddersvej 2, 7700 Thisted
c/o Martin Odgaard, Thit Jensens Gade 18, 5. mf, 8000 Aarhus C
c/o TT-Byggeledelse, Søren Frichs Vej 52, 1., 8230 Åbyhøj
c/o Martin Odgaard, Klosterport 9, 3. th, 8000 Aarhus C

Former names

Nordbo Development ApS – now
Nordbo Rådgivning ApS –
Thingstrup Holding ApS –
Thingstrup Holding IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Nordbo Development ApS

Has Nordbo Development ApS gone bankrupt?

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

What is the bankruptcy risk of Nordbo Development ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Nordbo Development ApS?

Martin Thingstrup Odgaard is the CEO of Nordbo Development ApS.

When was Nordbo Development ApS founded?

Nordbo Development ApS was founded on 11 August 2015.

What is the equity of Nordbo Development ApS?

Equity was DKK -95k 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.