Auto Group Nordvest A/S
CVR 37646962 · Public limited company (A/S) · Active · Low risk
Auto Group Nordvest A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. 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. The latest annual report (31 Dec 2025) shows equity of DKK 122.5m and a net result of DKK 14.7m. CEO: Michael Axelsen Ustrup.
Bankruptcy risk for Auto Group Nordvest A/S
0.1 × the average (1.41%) · higher risk than 44% of active Danish companies
Increases the risk
Reduces the risk
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
- 37646962
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (10 years)
- Address
- Tjelevej 14
7400 Herning - Municipality
- Herning
- Industry
- Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv. - Share capital
- DKK 12.0m
- Employees
- 53 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 10 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 59.7% |
| Current ratio | 206% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 1.6bn | – | – |
| Gross profit | DKK 120.4m | DKK 86.6m | DKK 78.6m |
| Net profit | DKK 14.7m | DKK 6.0m | DKK 4.3m |
| Equity | DKK 122.5m | DKK 108.1m | DKK 77.8m |
| Total assets | DKK 205.1m | DKK 192.9m | DKK 196.3m |
| Cash | DKK 1.1m | DKK 4.0m | – |
| Short-term debt | DKK 82.4m | DKK 84.8m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 178 | 134 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 128 | ||
| 1 Jan 2024 – 31 Dec 2024 | 177 | ||
| 1 Jan 2023 – 31 Dec 2023 | 138 | ||
| 1 Jan 2022 – 31 Dec 2022 | 79 | ||
| 1 Jan 2021 – 31 Dec 2021 | 132 | ||
| 1 Jan 2020 – 31 Dec 2020 | 106 | ||
| 1 Jan 2019 – 31 Dec 2019 | 80 | ||
| 1 Jan 2018 – 31 Dec 2018 | 67 | ||
| 1 Jan 2017 – 31 Dec 2017 | 58 | ||
| 28 Apr 2016 – 31 Dec 2016 | 83 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Axelsen Ustrup | Current | |
| CEO | Martin Krog Tang | ||
| CEO | Anne Mette Vejgaard | ||
| CEO | Kenneth Tang | ||
| CEO | Mads Peter Lindvig | ||
| CEO | Kenneth Tang | ||
| Board | Henrik Hedegård Lyhne | Current | |
| Board | Kenneth Tang | Current | |
| Board | Henrik Larsen | Current | |
| Board | Anders Vejgaard | Current | |
| Board | Christen Alfred Haaning | ||
| Board | Michael Degn | ||
| Board | Anders Christian Vejgaard | ||
| Board | Mads Peter Lindvig | ||
| Board | Michael Axelsen Ustrup | ||
| Owner (100%) | Auto Group Nordvest Holding A/S | Current | |
| Owner (33%) | TANG BILER A/S | ||
| Owner (33%) | HAANING AUTOMOBILER I/S | ||
| Owner (33%) | A. C. VEJGAARD HOLDING ApS | ||
| Owner (10%) | Ejendomsselskabet Katkjærvej 10, Skive A/S | ||
| Owner (25%) | TANG BILER A/S | ||
| Owner (33%) | HAANING AUTOMOBILER I/S | ||
| Owner (25%) | A. C. VEJGAARD HOLDING ApS | ||
| Owner (25%) | Haaning Automobiler A/S | ||
| Owner (10%) | Lindvig Info ApS | ||
| Owner (10%) | Ustrup ApS | ||
| Owner (25%) | HL67 Holding ApS | ||
| Owner (25%) | Tang Biler Holding A/S | ||
| Owner (20%) | Ustrup ApS | ||
| Owner (33%) | HelMau ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | TANG BILER A/S | Current | |
| Founder | HAANING AUTOMOBILER I/S | Current | |
| Founder | A. C. VEJGAARD HOLDING ApS | Current | |
| Founder | Ejendomsselskabet Katkjærvej 10, Skive A/S | Current |
The CEOs' other companies
Michael Axelsen Ustrup – 2 other companies
- Haaning Automobiler A/S Fusioneret
- HelMau ApS Active
Martin Krog Tang – 19 other companies
- Auto Group Nordvest Holding A/S Active
- EDC Farum ApS Active
- JENS TANG HOLDING A/S Active
- KT Holding, Holstebro A/S Active
- Komplementarselskabet Auto Group Nordvest ApS Opløst
- M. TANG A/S Fusioneret
- MIKEMA EJENDOM A/S Active
- MIKEMA EJENDOM HOLDING A/S Active
- MT Holstebro A/S Active
- SØM - Skovhusene ApS Active
- SØM - Skovhusene Holding A/S Active
- TANG BILER A/S Fusioneret
- TANG BILER LEMVIG A/S Fusioneret
- TANG BILER, HOLSTEBRO A/S Active
- TANG HOLDING A/S Fusioneret
- Tang Biler Holding A/S Active
- Tang Biler Nybovej 25 A/S Fusioneret
- Tang Biler Ringkøbing A/S Active
- TangAGN af 2024 ApS Active
Anne Mette Vejgaard – 4 other companies
- A. C. VEJGAARD HOLDING ApS Active
- A. V. VEJGAARD A/S Fusioneret
- A.V. Vejgaard Ejendomme A/S Active
- Komplementarselskabet Auto Group Nordvest ApS Opløst
Kenneth Tang – 23 other companies
- 80/20 Invest ApS Active
- AGN Ejendomme A/S Active
- Auto Group Nordvest Holding A/S Active
- JENS TANG HOLDING A/S Active
- KT Holding, Holstebro A/S Active
- Komplementarselskabet Auto Group Nordvest ApS Opløst
- M. TANG A/S Fusioneret
- MIKEMA EJENDOM A/S Active
- MIKEMA EJENDOM HOLDING A/S Active
- MIKEMA INVEST ApS Active
- MT Holstebro A/S Active
- Padel 7500 A/S Active
- Padel 7500 Ejendomme A/S Active
- Padel 7500 Holding A/S Active
- Selskabet af 22. marts 2024 ApS Compulsorily dissolved
- TANG BILER A/S Fusioneret
- TANG BILER LEMVIG A/S Fusioneret
- TANG BILER, HOLSTEBRO A/S Active
- TANG HOLDING A/S Fusioneret
- Tang Biler Holding A/S Active
- Tang Biler Nybovej 25 A/S Fusioneret
- Tang Biler Ringkøbing A/S Active
- TangAGN af 2024 ApS Active
Mads Peter Lindvig – 1 other companies
- Lindvig Info ApS Active
Address history (1 moves)
| Tjelevej 14, 7400 Herning | |
| Tjelevej 14, 7400 Herning |
Former names
| Auto Group Nordvest A/S | – now |
| Auto Group Nordvest P/S | – |
Employees per year
Other companies at the same address
- AGN Ejendomme A/S Active
- Auto Group Nordvest Holding A/S Active
- Komplementarselskabet Auto Group Nordvest ApS Opløst
- OBN AF 28/5 1988 ApS Opløst
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Questions and answers about Auto Group Nordvest A/S
Has Auto Group Nordvest A/S gone bankrupt?
No, Auto Group Nordvest A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Auto Group Nordvest A/S?
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 Auto Group Nordvest A/S?
Michael Axelsen Ustrup is the CEO of Auto Group Nordvest A/S.
Who is the auditor of Auto Group Nordvest A/S?
Auto Group Nordvest A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Auto Group Nordvest A/S founded?
Auto Group Nordvest A/S was founded on 28 April 2016.
What is the equity of Auto Group Nordvest A/S?
Equity was DKK 122.5m 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.