NORTHERN WOOL COMPANY ApS

CVR 39063670 · Private limited company (ApS) · Active · Low risk

NORTHERN WOOL COMPANY ApS is a Private limited company (ApS), founded on , based in Læsø. The company is registered in the industry engroshandel med tekstiler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 -928k and a net result of DKK 145k. CEO: Jesper Olsen.

Bankruptcy risk for NORTHERN WOOL COMPANY 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
39063670
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Doktorvejen 56
9940 Læsø
Municipality
Læsø
Industry
Engroshandel med tekstiler (464100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
Center-Revision, Kjellerup
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-13.8%
Current ratio83%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 227kDKK 288kDKK -88k
Net profitDKK 145kDKK 95kDKK -5,815
EquityDKK -928kDKK -1.1mDKK -1.2m
Total assetsDKK 6.7mDKK 7.2mDKK 7.1m
CashDKK 540kDKK 724k–
Short-term debtDKK 7.6mDKK 8.2m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Center-Revision, Kjellerup.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019188 Late
6 Nov 2017 – 31 Dec 2018175

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
CEOJesper OlsenCurrent
Owner (100%)Nildcast Holding ApSCurrent
FounderNildcast Holding ApSCurrent

The CEOs' other companies

Jesper Olsen – 7 other companies, of which 3 bankrupt

Address history (0 moves)

Doktorvejen 56, 9940 Læsø

Other companies at the same address

Questions and answers about NORTHERN WOOL COMPANY ApS

Has NORTHERN WOOL COMPANY ApS gone bankrupt?

No, NORTHERN WOOL COMPANY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORTHERN WOOL COMPANY 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 CEO of NORTHERN WOOL COMPANY ApS?

Jesper Olsen is the CEO of NORTHERN WOOL COMPANY ApS.

Who is the auditor of NORTHERN WOOL COMPANY ApS?

NORTHERN WOOL COMPANY ApS most recently used Center-Revision, Kjellerup.

When was NORTHERN WOOL COMPANY ApS founded?

NORTHERN WOOL COMPANY ApS was founded on 6 November 2017.

What is the equity of NORTHERN WOOL COMPANY ApS?

Equity was DKK -928k 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.