NGIN A/S

CVR 37664294 · Public limited company (A/S) · Active · Low risk

NGIN A/S is a Public limited company (A/S), founded on , based in Aarhus V. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 1.7m and a net result of DKK 892k. CEO: Lasse Wiuff Korsholm.

Bankruptcy risk for NGIN A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
37664294
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Bautavej 1A
8210 Aarhus V
Municipality
Aarhus
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 400k
Employees
5 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio43.7%
Current ratio146%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address89
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10.5mDKK 10.7m
Net profitDKK 892kDKK -49k
EquityDKK 1.7mDKK 855k
Total assetsDKK 4.0mDKK 6.0m
CashDKK 130k–
Short-term debtDKK 2.0m–
Avg. employees14–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025116
1 Jan 2024 – 31 Dec 202438
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022114
1 Jan 2021 – 31 Dec 202166
1 Jan 2020 – 31 Dec 202032
1 Jan 2019 – 31 Dec 201938
1 Jan 2018 – 31 Dec 201835
1 Jan 2017 – 31 Dec 2017136
4 May 2016 – 31 Dec 2016155

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
CEOLasse Wiuff KorsholmCurrent
CEOMads Bjørnsbæk Larsen
BoardMads Bjørnsbæk LarsenCurrent
BoardLasse Wiuff KorsholmCurrent
BoardAnders NørgaardCurrent
BoardMorten Kjær Graakjær
Owner (20%)HydraSpecma A/SCurrent
Owner (33%)Honey Badger Family Ventures ApSCurrent
Owner (33%)Bjørnsbæk Holding ApSCurrent
Owner (33%)Mads Bjørnsbæk Larsen
Owner (33%)Lasse Wiuff Korsholm
Owner (33%)Karsten Nørfjand Høgsgaard
Owner (33%)Honey Badger Family Ventures ApS
Owner (33%)Bjørnsbæk Holding ApS
Owner (33%)K.H. Sørensen Holding IVS
Owner (5%)K.H. Sørensen Holding IVS
Owner (50%)Honey Badger Family Ventures ApS
Owner (50%)Bjørnsbæk Holding ApS
Owner (33%)HydraSpecma A/S
Owner (25%)Honey Badger Family Ventures ApS
Owner (25%)Bjørnsbæk Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderMads Bjørnsbæk LarsenCurrent
FounderLasse Wiuff KorsholmCurrent

The CEOs' other companies

Lasse Wiuff Korsholm – 1 other companies

Mads Bjørnsbæk Larsen – 2 other companies

Address history (6 moves)

Bautavej 1A, 8210 Aarhus V
Bautavej 1A, 8210 Aarhus V
Åbogade 15, 2., 8200 Aarhus N
Inge Lehmanns Gade 10, 6., 8000 Aarhus C
Hveensgade 5, 8000 Aarhus C
Inge Lehmanns Gade 10, 6., 8000 Aarhus C
Jerichausgade 2, 4. TH, 8000 Aarhus C

Former names

NGIN A/S – now
NGIN ApS –
NGIN IVS –

Employees per year

Number of employees at NGIN A/S per year362017: 620172018: 52018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about NGIN A/S

Has NGIN A/S gone bankrupt?

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

What is the bankruptcy risk of NGIN A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of NGIN A/S?

Lasse Wiuff Korsholm is the CEO of NGIN A/S.

Who is the auditor of NGIN A/S?

NGIN A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was NGIN A/S founded?

NGIN A/S was founded on 4 May 2016.

What is the equity of NGIN A/S?

Equity was DKK 1.7m 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.