ICV Commerce Group ApS

CVR 38641174 · Private limited company (ApS) · Active · Low risk

ICV Commerce Group ApS is a Private limited company (ApS), founded on , based in Greve. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 106k and a net result of DKK -160k. CEO: Nickolass Urup-Madsen.

Bankruptcy risk for ICV Commerce Group ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38641174
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Greve Main 23
2670 Greve
Municipality
Greve
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 50k
Employees
3 (2018)
Auditor
Lægård Revision Statsautoriseret revisionsfirma
Audit opted out
No

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityNo
Equity ratio0.7%
Current ratio6,594%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.1mDKK 1.6mDKK 1.7m
Net profitDKK -160kDKK 92kDKK 64k
EquityDKK 106kDKK 265kDKK 173k
Total assetsDKK 15.5mDKK 14.2mDKK 11.6m
CashDKK 507kDKK 241k–
Short-term debtDKK 219kDKK 161k–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Lægård Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022204 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019253 Late
1 Jan 2018 – 31 Dec 2018151
8 May 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
CEONickolass Urup-MadsenCurrent
Owner (15%)Ole Torbjørn Toftdahl OlesenCurrent
Owner (15%)Mette Brander Toftdahl OlesenCurrent
Owner (67%)BINARY INVEST ApSCurrent
AuditorLægård Revision Statsautoriseret revisionsfirmaCurrent
FounderOle Torbjørn Toftdahl OlesenCurrent
FounderMette Brander Toftdahl OlesenCurrent
FounderBINARY INVEST ApSCurrent

The CEOs' other companies

Nickolass Urup-Madsen – 4 other companies

Address history (1 moves)

Greve Main 23, 2670 Greve
Greve Main 23, 2670 Greve

Former names

ICV Commerce Group ApS – now
Kinder and Kids ApS –

Employees per year

Number of employees at ICV Commerce Group ApS per year232018: 32018

Other companies at the same address

Similar companies in Greve

Questions and answers about ICV Commerce Group ApS

Has ICV Commerce Group ApS gone bankrupt?

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

What is the bankruptcy risk of ICV Commerce Group ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of ICV Commerce Group ApS?

Nickolass Urup-Madsen is the CEO of ICV Commerce Group ApS.

Who is the auditor of ICV Commerce Group ApS?

ICV Commerce Group ApS most recently used Lægård Revision Statsautoriseret revisionsfirma.

When was ICV Commerce Group ApS founded?

ICV Commerce Group ApS was founded on 8 May 2017.

What is the equity of ICV Commerce Group ApS?

Equity was DKK 106k 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.