Upwind Finance ApS

CVR 38546872 · Private limited company (ApS) · Active · Low risk

Upwind Finance ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -118k and a net result of DKK -141k.

Bankruptcy risk for Upwind Finance 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
38546872
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Niels Martin Jørgensen, Timianvej 23
8800 Viborg
Municipality
Viborg
Industry
Fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter (281100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-886.3%
Current ratio10%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -4,000DKK -10k
Net profitDKK -141kDKK 1,635DKK -15k
EquityDKK -118kDKK 23kDKK 21k
Total assetsDKK 13kDKK 166kDKK 226k
CashDKK 95DKK 3–
Short-term debtDKK 132kDKK 144k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020253 Late
1 Jan 2019 – 31 Dec 2019280 Late
1 Jan 2018 – 31 Dec 2018165
10 Mar 2017 – 31 Dec 2017171

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
Owner (100%)NMJ HOLDING ApSCurrent
Owner (10%)Niels Christian Jørgensen
Owner (10%)Rasmus Skovgaard Jørgensen
Owner (67%)NMJ HOLDING ApS
FounderNiels Christian JørgensenCurrent
FounderRasmus Skovgaard JørgensenCurrent
FounderNMJ HOLDING ApSCurrent

Address history (0 moves)

c/o Niels Martin Jørgensen, Timianvej 23, 8800 Viborg

Former names

Upwind Finance ApS – now
Upwind Finance IVS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about Upwind Finance ApS

Has Upwind Finance ApS gone bankrupt?

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

What is the bankruptcy risk of Upwind Finance 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 auditor of Upwind Finance ApS?

Upwind Finance ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was Upwind Finance ApS founded?

Upwind Finance ApS was founded on 10 March 2017.

What is the equity of Upwind Finance ApS?

Equity was DKK -118k 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.