Nordic Works ApS

CVR 37061913 · Private limited company (ApS) · Active · Medium risk

Nordic Works ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry detailhandel med kioskvarer. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 169k and a net result of DKK 12k. CEO: Gurdeep Singh.

Bankruptcy risk for Nordic Works ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · 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×

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
37061913
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o 1st Choice, Ordrupvej 102
2920 Charlottenlund
Municipality
Gentofte
Industry
Detailhandel med kioskvarer (471110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityNo
Equity ratio28.7%
Current ratio140%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 593kDKK 633kDKK 416k
Net profitDKK 12kDKK 30kDKK -78k
EquityDKK 169kDKK 157kDKK 127k
Total assetsDKK 589kDKK 542kDKK 494k
CashDKK 192kDKK 175k–
Short-term debtDKK 420kDKK 385k–
Avg. employees33–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019112
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016182
1 Sep 2015 – 31 Dec 2015144

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
CEOGurdeep SinghCurrent
Owner (100%)Gurdeep SinghCurrent
FounderGurdeep SinghCurrent

Address history (1 moves)

c/o 1st Choice, Ordrupvej 102, 2920 Charlottenlund
c/o Restaurant India, Hostrupsvej 2, KL. D, 1950 Frederiksberg C

Former names

Nordic Works ApS – now
Nordic Works IVS –

Employees per year

Number of employees at Nordic Works ApS per year122015: 120152016: 220162017: 120172018: 22018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Nordic Works ApS

Has Nordic Works ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Works ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Nordic Works ApS?

Gurdeep Singh is the CEO of Nordic Works ApS.

When was Nordic Works ApS founded?

Nordic Works ApS was founded on 1 September 2015.

What is the equity of Nordic Works ApS?

Equity was DKK 169k 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.