Nordic Electronics ApS

CVR 38102303 · Private limited company (ApS) · Active · Low risk

Nordic Electronics ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 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 752k and a net result of DKK 37k. CEO: Patrick Nørskov Vang Madsen, Tobias Nørskov Vang Madsen.

Bankruptcy risk for Nordic Electronics ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
38102303
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Skolegade 76
7400 Herning
Municipality
Herning
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio32.7%
Current ratio149%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 33kDKK 123k
Net profitDKK 37kDKK 113k
EquityDKK 752kDKK 789k
Total assetsDKK 2.3mDKK 2.6m
CashDKK 1.6m–
Short-term debtDKK 1.5m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018128
12 Oct 2016 – 31 Dec 2017129

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
CEOPatrick Nørskov Vang MadsenCurrent
CEOTobias Nørskov Vang MadsenCurrent
Owner (50%)Patrick Madsen Holding ApSCurrent
Owner (50%)T. Vang Madsen Holding ApSCurrent
Owner (50%)Patrick Nørskov Vang Madsen
Owner (50%)Tobias Nørskov Vang Madsen
Owner (100%)Nordic Electronics Holding ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderPatrick Nørskov Vang MadsenCurrent
FounderTobias Nørskov Vang MadsenCurrent

The CEOs' other companies

Patrick Nørskov Vang Madsen – 3 other companies

Tobias Nørskov Vang Madsen – 4 other companies

Address history (1 moves)

Skolegade 76, 7400 Herning
Skolegade 76, 7400 Herning

Former names

Nordic Electronics ApS – now
Nordic Electronics IVS –

Other companies at the same address

Similar companies in Herning

Questions and answers about Nordic Electronics ApS

Has Nordic Electronics ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Electronics ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Nordic Electronics ApS?

Patrick Nørskov Vang Madsen, Tobias Nørskov Vang Madsen are the CEOs of Nordic Electronics ApS.

Who is the auditor of Nordic Electronics ApS?

Nordic Electronics ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Nordic Electronics ApS founded?

Nordic Electronics ApS was founded on 12 October 2016.

What is the equity of Nordic Electronics ApS?

Equity was DKK 752k 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.