Nordic-Neurostim ApS

CVR 38049909 · Private limited company (ApS) · Active · Low risk

Nordic-Neurostim ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.9m and a net result of DKK -33k.

Bankruptcy risk for Nordic-Neurostim ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38049909
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Thorndahlsvej 3
9200 Aalborg SV
Municipality
Aalborg
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 58k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-196.5%
Current ratio217%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 90kDKK 196kDKK -24k
Net profitDKK -33kDKK -10kDKK -149k
EquityDKK -1.9mDKK -1.8mDKK -1.8m
Total assetsDKK 946kDKK 878kDKK 937k
CashDKK 133kDKK 24k–
Short-term debtDKK 362kDKK 443k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019195 Late
1 Jan 2018 – 31 Dec 2018140
28 Sep 2016 – 31 Dec 2017158

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
CEOMorten Kristian Haugland
BoardMorten Kristian HauglandCurrent
BoardChristian Peter ChristiansenCurrent
BoardHenrik Kähler
Owner (33%)MORTEN HAUGLAND HOLDING ApSCurrent
Owner (33%)Varebex ApSCurrent
Owner (5%)Medodan Consulting ApSCurrent
Owner (50%)MORTEN HAUGLAND HOLDING ApS
Owner (50%)Varebex ApS
Owner (5%)Medodan ApS
FounderMORTEN HAUGLAND HOLDING ApSCurrent
FounderVarebex ApSCurrent

The CEOs' other companies

Morten Kristian Haugland – 7 other companies, of which 1 bankrupt

Address history (2 moves)

Thorndahlsvej 3, 9200 Aalborg SV
Svendborgvej 5, 9220 Aalborg Øst
Niels Jernes Vej 10, 9220 Aalborg Øst

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Nordic-Neurostim ApS

Has Nordic-Neurostim ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic-Neurostim ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was Nordic-Neurostim ApS founded?

Nordic-Neurostim ApS was founded on 28 September 2016.

What is the equity of Nordic-Neurostim ApS?

Equity was DKK -1.9m 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.