NoA Consulting A/S

CVR 37154598 · Public limited company (A/S) · Active · High risk

NoA Consulting A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry markedsanalyse og offentlig meningsmåling. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -6.6m and a net result of DKK -30k. CEO: Benjamin Borch.

Bankruptcy risk for NoA Consulting A/S

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
37154598
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Adelgade 12, 5.
1304 København K
Municipality
København
Industry
Markedsanalyse og offentlig meningsmåling (732000)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 500k
Employees
8 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-70,398.7%
Current ratio0%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address30
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -23kDKK -122k
Net profitDKK -30kDKK -105k
EquityDKK -6.6mDKK -6.6m
Total assetsDKK 9,379DKK 266k
Short-term debtDKK 6.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017124
13 Oct 2015 – 31 Dec 2016143

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
CEOBenjamin BorchCurrent
CEOMorten Kjær
BoardJens ErenbjergCurrent
BoardMikael Ernst JørgensenCurrent
BoardBenjamin BorchCurrent
BoardMorten Vaabengaard
BoardMorten Kjær
BoardMikael Ernst Jørgensen
BoardAnders Elnegaard Birch
BoardMorten Vaabengaard
Owner (100%)The North Alliance Norge ASCurrent
Owner (50%)Ponder Copenhagen ApS
Owner (33%)The North Alliance Norge AS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorREVISIONSFIRMAET GUTFELT A/S
FounderPonder Copenhagen ApSCurrent

The CEOs' other companies

Benjamin Borch – 19 other companies, of which 6 bankrupt

Morten Kjær – 5 other companies, of which 1 bankrupt

Address history (3 moves)

Adelgade 12, 5., 1304 København K
Adelgade 12, 4., 1304 København K
Bredgade 75, 1260 København K
Bredgade 6, 4., 1260 København K

Former names

NoA Consulting A/S – now
Clay A/S –

Employees per year

Number of employees at NoA Consulting A/S per year482015: 420152016: 620162017: 620172018: 82018

Other companies at the same address

Similar companies in København

Questions and answers about NoA Consulting A/S

Has NoA Consulting A/S gone bankrupt?

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

What is the bankruptcy risk of NoA Consulting A/S?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of NoA Consulting A/S?

Benjamin Borch is the CEO of NoA Consulting A/S.

Who is the auditor of NoA Consulting A/S?

NoA Consulting A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NoA Consulting A/S founded?

NoA Consulting A/S was founded on 13 October 2015.

What is the equity of NoA Consulting A/S?

Equity was DKK -6.6m 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.