Nordic Food Group ApS

CVR 37969737 · Private limited company (ApS) · Active · High risk

Nordic Food Group ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry engroshandel med sukker, chokolade og sukkervarer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -1.4m and a net result of DKK -3.9m. CEO: Stanislav Sevdalinov Hunev.

Bankruptcy risk for Nordic Food Group ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
37969737
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Østre Alle 102
9000 Aalborg
Municipality
Aalborg
Industry
Engroshandel med sukker, chokolade og sukkervarer (463600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
DANSK REVISION AALBORG GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-17.8%
Current ratio85%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address80
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2.5mDKK 3.8mDKK 1.8m
Net profitDKK -3.9mDKK 1.7mDKK 1.2m
EquityDKK -1.4mDKK 2.8mDKK 1.2m
Total assetsDKK 7.7mDKK 14.4mDKK 8.0m
CashDKK 206kDKK 104k–
Short-term debtDKK 9.1mDKK 11.6m–
Tax owedDKK 0DKK 534k–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION AALBORG GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 202417
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202187
1 Jan 2020 – 31 Dec 202054
1 Jan 2019 – 31 Dec 2019251 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017108
30 Aug 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
CEOStanislav Sevdalinov HunevCurrent
CEOSøren Broegaard Mernild
Owner (100%)CX Holding ApSCurrent
Owner (100%)MERNILD HOLDING ApS
Owner (50%)MERNILD HOLDING ApS
Owner (50%)CX Holding ApS
AuditorDANSK REVISION AALBORG GODKENDT REVISIONSAKTIESELSKABCurrent
FounderMERNILD HOLDING ApSCurrent

The CEOs' other companies

Stanislav Sevdalinov Hunev – 2 other companies

Søren Broegaard Mernild – 7 other companies

Address history (7 moves)

Østre Alle 102, 9000 Aalborg
Byengen 6, 9000 Aalborg
c/o IX STUDIOS, Kronprinsensgade 13, 1. tv, 1114 København K
c/o NOHO, Flæsketorvet 28, 1711 København V
Humlemarken 20, 9500 Hobro
Vardevej 1, 9220 Aalborg Øst
c/o Emborg Catering ApS, Østre Alle 102, 9000 Aalborg
c/o Emborg Catering ApS, Vardevej 1, 9220 Aalborg Øst

Former names

Nordic Food Group ApS – now
Ultegra ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Nordic Food Group ApS

Has Nordic Food Group ApS gone bankrupt?

No, Nordic Food Group ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Nordic Food Group ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Nordic Food Group ApS?

Stanislav Sevdalinov Hunev is the CEO of Nordic Food Group ApS.

Who is the auditor of Nordic Food Group ApS?

Nordic Food Group ApS most recently used DANSK REVISION AALBORG GODKENDT REVISIONSAKTIESELSKAB.

When was Nordic Food Group ApS founded?

Nordic Food Group ApS was founded on 30 August 2016.

What is the equity of Nordic Food Group ApS?

Equity was DKK -1.4m 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.