The Nautical Up Group ApS
CVR 38822837 · Private limited company (ApS) · Active · Very high risk
The Nautical Up Group ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry detailhandel med lystbåde og udstyr hertil. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 8 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 -4.8m and a net result of DKK -676k. CEO: Christian Fogh Glass.
Bankruptcy risk for The Nautical Up Group ApS
5.6 × the average (1.41%) · higher risk than 96% of active Danish companies
Increases the risk
Reduces the risk
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
- 38822837
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- Danmarksvej 30M 2
8660 Skanderborg - Municipality
- Skanderborg
- Industry
- Detailhandel med lystbåde og udstyr hertil (476330)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 50k
- Employees
- 1 (2018)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 8 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -246.2% |
| Current ratio | 8% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 53 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 301k | DKK 701k | DKK 1.3m |
| Net profit | DKK -676k | DKK -317k | DKK 21k |
| Equity | DKK -4.8m | DKK -4.1m | DKK -3.7m |
| Total assets | DKK 2.0m | DKK 1.7m | DKK 1.7m |
| Cash | DKK 305k | DKK 190k | – |
| Short-term debt | DKK 6.8m | DKK 5.8m | – |
| Avg. employees | 2 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 180 | ||
| 1 Apr 2022 – 31 Mar 2023 | 182 | ||
| 1 Apr 2021 – 31 Mar 2022 | 187 | Late | |
| 1 Apr 2020 – 31 Mar 2021 | 157 | ||
| 1 Apr 2019 – 31 Mar 2020 | 172 | ||
| 1 Apr 2018 – 31 Mar 2019 | 177 | ||
| 24 Jul 2017 – 31 Mar 2018 | 163 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Christian Fogh Glass | Current | |
| Owner (100%) | Christian Fogh Glass | Current | |
| Founder | Christian Fogh Glass | Current |
The CEOs' other companies
Christian Fogh Glass – 6 other companies, of which 2 bankrupt
- RY BÅDUDSTYR ApS Bankrupt 19 Feb 2009
- SHIPSHOP.DK ApS Bankrupt 15 May 2017
- C.F.GLASS HOLDING ApS Compulsorily dissolved
- Glass Co. ApS Active
- Glass Holding ApS Active
- STOVICON ApS Compulsorily dissolved
Address history (1 moves)
| Danmarksvej 30M 2, 8660 Skanderborg | |
| Rugaardsvej 5, 8680 Ry |
Former names
| The Nautical Up Group ApS | – now |
| Grimsby ApS | – |
Employees per year
Other companies at the same address
- 31.12.2007 X A/S Bankrupt
- BAUNWALL A/S Bankrupt
- F. LAPP CORPORATION A/S Bankrupt
- FUKURA TRADING ApS Bankrupt
- GRAFIA GROUP 1 ApS Bankrupt
- HANDELSSELSKABET AF 2/12 1991 A/S Bankrupt
- KNUD VESTERGAARD HOLDING ApS Bankrupt
- LJ AF 31. MAJ 2013 A/S Bankrupt
- LJM Group ApS Bankrupt
- NATURENS VENNER KØD ApS Bankrupt
- O.M. DATA A/S Bankrupt
- PLANUM 2018 ApS Bankrupt
- SKANDERBORG 13. SEPTEMBER 2011 A/S Bankrupt
- SS AF 25. AUGUST 2010 A/S Bankrupt
- STANS-VEST A/S Bankrupt
- Selskabet af 3. september 2018 ApS Bankrupt
- TDC MOBILCENTER SKANDERBORG ApS Bankrupt
- TRANSPORTANPARTSSELSKABET AF 10/9 1993. SKANDERBORG Bankrupt
- TÆPPESELSKABET ØSTJYLLAND AF 6. JULI 2010 A/S Bankrupt
- B & N DEVELOPING ApS Active
- BUNDGAARD BYG A/S Active
- BUNDGAARD SPALTNING A/S Fusioneret
- BladeRobots A/S Active
- CAD Partner ApS Active
- CH HOLDING AF 1. DECEMBER 1999 ApS Active
Similar companies in Skanderborg
- Glass Co. ApS Ry
- DKI CB ApS Skanderborg
- SHIPSHOP.DK ApS Skanderborg
Questions and answers about The Nautical Up Group ApS
Has The Nautical Up Group ApS gone bankrupt?
No, The Nautical Up Group ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of The Nautical Up Group ApS?
Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.
Who is the CEO of The Nautical Up Group ApS?
Christian Fogh Glass is the CEO of The Nautical Up Group ApS.
When was The Nautical Up Group ApS founded?
The Nautical Up Group ApS was founded on 24 July 2017.
What is the equity of The Nautical Up Group ApS?
Equity was DKK -4.8m 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.