GLN-Nordic APS

CVR 38526278 · Private limited company (ApS) · Active · Low risk

GLN-Nordic APS is a Private limited company (ApS), founded on , based in Christiansfeld. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 38k and a net result of DKK -4,036. CEO: Morten Laugaard Nielsen.

Bankruptcy risk for GLN-Nordic APS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
38526278
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Kongensgade 67
6070 Christiansfeld
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio60.6%
Current ratio214%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -4,036DKK -3,263DKK -2,983
EquityDKK 38kDKK 42kDKK 46k
Total assetsDKK 63kDKK 42kDKK 46k
CashDKK 3,375DKK 42k–
Short-term debtDKK 25k––
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 2025180
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018155
22 Mar 2017 – 31 Dec 2017152

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 Laugaard NielsenCurrent
Owner (100%)Morten Laugaard NielsenCurrent
FounderMorten Laugaard NielsenCurrent

The CEOs' other companies

Morten Laugaard Nielsen – 2 other companies

Address history (1 moves)

Kongensgade 67, 6070 Christiansfeld
10. Februar Vej 2, 6070 Christiansfeld

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Questions and answers about GLN-Nordic APS

Has GLN-Nordic APS gone bankrupt?

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

What is the bankruptcy risk of GLN-Nordic APS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of GLN-Nordic APS?

Morten Laugaard Nielsen is the CEO of GLN-Nordic APS.

When was GLN-Nordic APS founded?

GLN-Nordic APS was founded on 22 March 2017.

What is the equity of GLN-Nordic APS?

Equity was DKK 38k 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.