byNorborg ApS

CVR 37170496 · Private limited company (ApS) · Active · Medium risk

byNorborg ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -479k and a net result of DKK -155k. CEO: Ken Norborg Christensen.

Bankruptcy risk for byNorborg ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
37170496
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Tørvedalsvej 8
8920 Randers NV
Municipality
Randers
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-59.7%
Current ratio63%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 1.1mDKK -22k
Net profitDKK -155kDKK -310kDKK -17k
EquityDKK -479kDKK -325kDKK -15k
Total assetsDKK 803kDKK 257kDKK 93k
CashDKK 10kDKK 129k–
Short-term debtDKK 1.3mDKK 582k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025198 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017151
21 Oct 2015 – 31 Dec 2016153

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
CEOKen Norborg ChristensenCurrent
Owner (100%)NORBORG HOLDING ApSCurrent
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderNORBORG HOLDING ApSCurrent

The CEOs' other companies

Ken Norborg Christensen – 5 other companies

Address history (0 moves)

Tørvedalsvej 8, 8920 Randers NV

Former names

byNorborg ApS – now
Norborg heste på spring ApS –

Other companies at the same address

Similar companies in Randers

Questions and answers about byNorborg ApS

Has byNorborg ApS gone bankrupt?

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

What is the bankruptcy risk of byNorborg ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of byNorborg ApS?

Ken Norborg Christensen is the CEO of byNorborg ApS.

Who is the auditor of byNorborg ApS?

byNorborg ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was byNorborg ApS founded?

byNorborg ApS was founded on 21 October 2015.

What is the equity of byNorborg ApS?

Equity was DKK -479k 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.