North Stars Tennis Academy ApS

CVR 37942944 · Private limited company (ApS) · Active · Medium risk

North Stars Tennis Academy ApS is a Private limited company (ApS), founded on , based in Hørsholm. The company is registered in the industry undervisning inden for sport og fritid. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 66k and a net result of DKK 0. CEO: Flemming Heegaard.

Bankruptcy risk for North Stars Tennis Academy ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
37942944
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Advokat Flemming Heegaard, Axel Heides Vej 2
2970 Hørsholm
Municipality
Hørsholm
Industry
Undervisning inden for sport og fritid (855100)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio76.5%
Current ratio426%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK 0DKK 0DKK 0
EquityDKK 66kDKK 116kDKK 116k
Total assetsDKK 87kDKK 137kDKK 137k
Short-term debtDKK 20kDKK 20k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018147
19 Aug 2016 – 31 Dec 2017173

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
CEOFlemming HeegaardCurrent
BoardMichael Finne Hansen
BoardFlemming Heegaard
BoardSönke Capell
BoardRobert Stig Wedderkopp Møller
Owner (100%)FH CONSULT ApSCurrent
Owner (50%)NSTA Holding IVS
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderFH CONSULT ApSCurrent
FounderNSTA Holding IVSCurrent

The CEOs' other companies

Flemming Heegaard – 58 other companies, of which 20 bankrupt

Address history (3 moves)

c/o Advokat Flemming Heegaard, Axel Heides Vej 2, 2970 Hørsholm
c/o Advokat Flemming Heegaard, Frydenlundsvej 30A, 2950 Vedbæk
c/o Advokat Flemming Heegaard, Lyngebækgårds Alle 8, 2990 Nivå
c/o Advokat Flemming Heegaard, Lyngebækgårds Alle 6, 1., 2990 Nivå

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about North Stars Tennis Academy ApS

Has North Stars Tennis Academy ApS gone bankrupt?

No, North Stars Tennis Academy ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of North Stars Tennis Academy ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of North Stars Tennis Academy ApS?

Flemming Heegaard is the CEO of North Stars Tennis Academy ApS.

Who is the auditor of North Stars Tennis Academy ApS?

North Stars Tennis Academy ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was North Stars Tennis Academy ApS founded?

North Stars Tennis Academy ApS was founded on 19 August 2016.

What is the equity of North Stars Tennis Academy ApS?

Equity was DKK 66k 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.