Car Advice ApS

CVR 37555932 · Private limited company (ApS) · Active · Low risk

Car Advice ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.1m and a net result of DKK 1.1m. CEO: Morten Nicholaisen.

Bankruptcy risk for Car Advice ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
37555932
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Morten Nicholaisen, Tietgens Plads 11, st. th
8000 Aarhus C
Municipality
Aarhus
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Employees
0 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio73.5%
Current ratio398%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK 1.3m
Net profitDKK 1.1mDKK 938k
EquityDKK 3.1mDKK 2.0m
Total assetsDKK 4.2mDKK 5.7m
CashDKK 1.4m–
Short-term debtDKK 1.0m–
Tax owedDKK 319k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017130
17 Mar 2016 – 31 Dec 2016175

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
CEOMorten NicholaisenCurrent
BoardLasse Frost
BoardPeter Michael Albrechtslund
BoardCarsten Pilt Ingemann
BoardBrian Mikkelsen
Owner (100%)MUBBI HOLDING ApSCurrent
Owner (15%)MUBBI HOLDING ApS
Owner (67%)Car Deal ApS
Owner (15%)Nougat Holding ApS
Owner (50%)MUBBI HOLDING ApS
Owner (50%)Nougat Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorCedra Godkendt Revisionsaktieselskab
FounderMUBBI HOLDING ApSCurrent
FounderCar Deal ApSCurrent
FounderNougat Holding ApSCurrent

The CEOs' other companies

Morten Nicholaisen – 13 other companies, of which 5 bankrupt

Address history (2 moves)

c/o Morten Nicholaisen, Tietgens Plads 11, st. th, 8000 Aarhus C
c/o Morten Nicholaisen, Tietgens Plads 11, st. tv, 8000 Aarhus C
Tilst Søndervej 1A, 8381 Tilst

Former names

Car Advice ApS – now
Forza Car Århus ApS –
Forza Car Århus A/S –

Employees per year

Number of employees at Car Advice ApS per year122016: 220162017: 220172018: 02018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Car Advice ApS

Has Car Advice ApS gone bankrupt?

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

What is the bankruptcy risk of Car Advice ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Car Advice ApS?

Morten Nicholaisen is the CEO of Car Advice ApS.

Who is the auditor of Car Advice ApS?

Car Advice ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Car Advice ApS founded?

Car Advice ApS was founded on 17 March 2016.

What is the equity of Car Advice ApS?

Equity was DKK 3.1m 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.