NOVARO ApS

CVR 39375516 · Private limited company (ApS) · Active · Low risk

NOVARO ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry drift af fitnesscentre. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 219k and a net result of DKK -153k. CEO: Dennis Magelund Rasmussen.

Bankruptcy risk for NOVARO ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
39375516
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Dronningemaen 78
5700 Svendborg
Municipality
Svendborg
Industry
Drift af fitnesscentre (931300)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio25.4%
Current ratio109%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 803kDKK 1.1mDKK 1.2m
Net profitDKK -153kDKK 140kDKK 142k
EquityDKK 219kDKK 372kDKK 232k
Total assetsDKK 862kDKK 636kDKK 715k
CashDKK 500kDKK 27k–
Short-term debtDKK 643kDKK 237k–
Tax owedDKK 0DKK 86k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019225 Late
22 Feb 2018 – 31 Dec 2018149

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
CEODennis Magelund RasmussenCurrent
Owner (100%)NOVARO HOLDING ApSCurrent
FounderNOVARO HOLDING ApSCurrent

The CEOs' other companies

Dennis Magelund Rasmussen – 3 other companies, of which 2 bankrupt

Address history (0 moves)

Dronningemaen 78, 5700 Svendborg

Former names

NOVARO ApS – now
TFW SVENDBORG ApS –

Employees per year

Number of employees at NOVARO ApS per year122018: 22018

Other companies at the same address

Similar companies in Svendborg

Questions and answers about NOVARO ApS

Has NOVARO ApS gone bankrupt?

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

What is the bankruptcy risk of NOVARO ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of NOVARO ApS?

Dennis Magelund Rasmussen is the CEO of NOVARO ApS.

Who is the auditor of NOVARO ApS?

NOVARO ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was NOVARO ApS founded?

NOVARO ApS was founded on 22 February 2018.

What is the equity of NOVARO ApS?

Equity was DKK 219k 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.