Restaurationsselskabet Algade 55, Aalborg ApS

CVR 37756482 · Private limited company (ApS) · Active · Medium risk

Restaurationsselskabet Algade 55, Aalborg ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 10 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 312k and a net result of DKK 262k. CEO: Xuan Thanh Ngo.

Bankruptcy risk for Restaurationsselskabet Algade 55, Aalborg ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37756482
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Xuan Thanh Ngo, Østre Havnegade 48, 1. tv
9000 Aalborg
Municipality
Aalborg
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
3 (2018)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 10
Missing annual reportNo
Negative equityNo
Equity ratio13.0%
Current ratio74%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 4.8mDKK 4.4m
Net profitDKK 262kDKK 1.6mDKK 1.0m
EquityDKK 312kDKK 1.6mDKK 2.3m
Total assetsDKK 2.4mDKK 3.8mDKK 3.5m
CashDKK 157kDKK 2.0m–
Short-term debtDKK 2.0mDKK 2.1m–
Avg. employees79–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021193 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017150
30 May 2016 – 31 Dec 2016131

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
CEOXuan Thanh NgoCurrent
CEOPhuong Xuan Ngo
Owner (100%)Xuan Ngo Holding ApSCurrent
Owner (100%)TG HOLDING 2014 ApS
AuditorRevisionsfirmaet Peter Kristensen
AuditorRevisionsfirmaet Peter Kristensen
FounderTG HOLDING 2014 ApSCurrent

The CEOs' other companies

Xuan Thanh Ngo – 4 other companies, of which 1 bankrupt

Phuong Xuan Ngo – 4 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Xuan Thanh Ngo, Østre Havnegade 48, 1. tv, 9000 Aalborg
c/o Xuan Thanh Ngo, Vingårdsgade 13, 3. tv, 9000 Aalborg
c/o Phuong Xuan Ngo, Årestrupsvej 30, 2. th, 9000 Aalborg
Hobrovej 440A, 9200 Aalborg SV

Former names

Restaurationsselskabet Algade 55, Aalborg ApS – now
VT Viet ApS –

Employees per year

Number of employees at Restaurationsselskabet Algade 55, Aalborg ApS per year352017: 520172018: 32018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Restaurationsselskabet Algade 55, Aalborg ApS

Has Restaurationsselskabet Algade 55, Aalborg ApS gone bankrupt?

No, Restaurationsselskabet Algade 55, Aalborg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Restaurationsselskabet Algade 55, Aalborg ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Restaurationsselskabet Algade 55, Aalborg ApS?

Xuan Thanh Ngo is the CEO of Restaurationsselskabet Algade 55, Aalborg ApS.

Who is the auditor of Restaurationsselskabet Algade 55, Aalborg ApS?

Restaurationsselskabet Algade 55, Aalborg ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was Restaurationsselskabet Algade 55, Aalborg ApS founded?

Restaurationsselskabet Algade 55, Aalborg ApS was founded on 30 May 2016.

What is the equity of Restaurationsselskabet Algade 55, Aalborg ApS?

Equity was DKK 312k 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.