project44 A/S

CVR 37439541 · Public limited company (A/S) · Active · Low risk

project44 A/S is a Public limited company (A/S), founded on , based in Nørresundby. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 11 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Jan 2026) shows equity of DKK -35.2m and a net result of DKK 12.0m.

Bankruptcy risk for project44 A/S

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37439541
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Strømmen 6
9400 Nørresundby
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 1.6m
Employees
45 (2018)
Auditor
KOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-32.8%
Current ratio76%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address53
Going-concern uncertaintyYes

Financials and key figures

Financial year20262025
Gross profitDKK 29.2mDKK 42.2m
Net profitDKK 12.0mDKK 16.3m
EquityDKK -35.2mDKK -47.2m
Total assetsDKK 107.3mDKK 217.7m
CashDKK 90.7m–
Short-term debtDKK 140.0m–
Tax owedDKK 41k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Feb 2025 – 31 Jan 2026163
1 Feb 2024 – 31 Jan 2025182
1 Feb 2023 – 31 Jan 2024215 Late
1 Feb 2022 – 31 Jan 2023188 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020196 Late
1 Oct 2018 – 31 Dec 2019244 Late
1 Oct 2017 – 30 Sep 201859
1 Oct 2016 – 30 Sep 2017130
1 Oct 2015 – 30 Sep 2016151
1 Oct 2014 – 30 Sep 2015152

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
CEOJørgen Brøndgaard Nielsen
CEOAnette Kristensen
CEOMichael Bruns
CEOJørgen Brøndgaard Nielsen
BoardJett McCandlessCurrent
BoardDaniel RamsgaardCurrent
BoardBertha PapadakisCurrent
BoardHeine Blach Jensen
BoardFrank Winther
BoardJakob Axel Nielsen
BoardUlrik Bülow
BoardMichael Bondo Andersen
BoardJesper Brøckner Nielsen
BoardNina Christiane Movin
BoardMads Peter Lübeck
BoardDenis Jean Jørgen Viet-Jacobsen
BoardCharles Barnes JR
BoardMichael Bruns
BoardJørgen Brøndgaard Nielsen
BoardDavid Chandler
BoardTimothy James MacCarrick
Owner (100%)Project44 Inc.Current
Owner (100%)GATEHOUSE HOLDING A/S
Owner (67%)GATEHOUSE HOLDING A/S
Owner (10%)Jorgen B ApS
Owner (10%)MaViMa ApS
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPMG P/S
AuditorEY Danmark A/S
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Jørgen Brøndgaard Nielsen – 10 other companies

Anette Kristensen – 3 other companies

Address history (0 moves)

Strømmen 6, 9400 Nørresundby

Former names

project44 A/S – now
GateHouse Logistics A/S –

Employees per year

Number of employees at project44 A/S per year23452016: 720162017: 3320172018: 452018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about project44 A/S

Has project44 A/S gone bankrupt?

No, project44 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of project44 A/S?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the auditor of project44 A/S?

project44 A/S most recently used KOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was project44 A/S founded?

project44 A/S was founded on 20 November 2015.

What is the equity of project44 A/S?

Equity was DKK -35.2m according to the annual report for the period ending 31 January 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.