Nordens Formuesikring A/S

CVR 39039540 · Public limited company (A/S) · Active · Low risk

Nordens Formuesikring A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry forsikringsagenters og forsikringsmægleres aktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK -743k. CEO: Michael Jeong-Ill Lee.

Bankruptcy risk for Nordens Formuesikring A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×

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
39039540
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Strandboulevarden 89, 1.
2100 København Ø
Municipality
København
Industry
Forsikringsagenters og forsikringsmægleres aktiviteter (662200)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 500k
Employees
4 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio69.0%
Current ratio323%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address48
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 775kDKK 1.7mDKK 1.5m
Net profitDKK -743kDKK 301kDKK 178k
EquityDKK 1.2mDKK 1.9mDKK 1.6m
Total assetsDKK 1.7mDKK 2.5mDKK 2.1m
CashDKK 1.7mDKK 2.5m–
Short-term debtDKK 542kDKK 513k–
Tax owedDKK 0DKK 85k–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025118
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019112
13 Oct 2017 – 31 Dec 2018147

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
CEOMichael Jeong-Ill LeeCurrent
BoardTomas Otto BergCurrent
BoardMichael Jeong-Ill LeeCurrent
BoardMalene EhrenskjöldCurrent
BoardSøren Brinkmann
Owner (100%)Nordens SACurrent
Owner (100%)NORDENS A/S
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
FounderNORDENS A/SCurrent

The CEOs' other companies

Michael Jeong-Ill Lee – 25 other companies, of which 2 bankrupt

Address history (0 moves)

Strandboulevarden 89, 1., 2100 København Ø

Employees per year

Number of employees at Nordens Formuesikring A/S per year242018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about Nordens Formuesikring A/S

Has Nordens Formuesikring A/S gone bankrupt?

No, Nordens Formuesikring A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Nordens Formuesikring A/S?

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

Who is the CEO of Nordens Formuesikring A/S?

Michael Jeong-Ill Lee is the CEO of Nordens Formuesikring A/S.

Who is the auditor of Nordens Formuesikring A/S?

Nordens Formuesikring A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Nordens Formuesikring A/S founded?

Nordens Formuesikring A/S was founded on 13 October 2017.

What is the equity of Nordens Formuesikring A/S?

Equity was DKK 1.2m 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.