NORM Insurance Group ApS

CVR 38699393 · Private limited company (ApS) · Active · High risk

NORM Insurance Group ApS is a Private limited company (ApS), founded on , based in Bagsværd. The company is registered in the industry forsikringsagenters og forsikringsmægleres aktiviteter. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 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 -73k and a net result of DKK -85k.

Bankruptcy risk for NORM Insurance Group ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Capital changes2 · bankruptcy rate 5.2%0.59×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Address changes5+ · bankruptcy rate 7.4%0.84×

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
38699393
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Smørmosevej 16A
2880 Bagsværd
Municipality
Gladsaxe
Industry
Forsikringsagenters og forsikringsmægleres aktiviteter (662200)
Bankruptcies in the industry: Webportaler
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-323.3%
Current ratio24%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -85kDKK -468DKK -156k
Net profitDKK -85kDKK -468DKK -216k
EquityDKK -73kDKK -136kDKK -136k
Total assetsDKK 23kDKK 30kDKK 30k
CashDKK 3,513DKK 14k–
Short-term debtDKK 95kDKK 166k–
Tax owed–DKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 202026
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018149
8 Jun 2017 – 31 Dec 2017139

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
CEOMartin Vang
Owner (50%)Vang Holding Invest ApSCurrent
Owner (50%)BKT Forsikringsmægler ApSCurrent
Owner (50%)Martin Vang
Owner (50%)Nicolai Bruhn Sørensen
Owner (67%)NORM Agentur ApS
Owner (20%)Fuhs Invest ApS
Owner (20%)Vang Holding Invest ApS
FounderMartin VangCurrent

The CEOs' other companies

Martin Vang – 7 other companies, of which 2 bankrupt

Address history (7 moves)

Smørmosevej 16A, 2880 Bagsværd
Nordsøvej 19, 2150 Nordhavn
c/o Martin Vang, Mølletoften 22, 2800 Kongens Lyngby
c/o Martin Vang, Kjeld Langes Gade 8, kl. th, 1367 København K
c/o Martin Vang, Kompagnistræde 24, kl., 1208 København K
c/o Martin Vang, Mølletoften 22, 2800 Kongens Lyngby
Howitzvej 60, 1., 2000 Frederiksberg
Nordre Fasanvej 113, 4., 2000 Frederiksberg

Former names

NORM Insurance Group ApS – now
pr0 Invest ApS –
pr0 Invest IVS –

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about NORM Insurance Group ApS

Has NORM Insurance Group ApS gone bankrupt?

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

What is the bankruptcy risk of NORM Insurance Group ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

When was NORM Insurance Group ApS founded?

NORM Insurance Group ApS was founded on 8 June 2017.

What is the equity of NORM Insurance Group ApS?

Equity was DKK -73k 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.