Nørtoft VVS ApS

CVR 39402351 · Private limited company (ApS) · Active · Low risk

Nørtoft VVS ApS is a Private limited company (ApS), founded on , based in Tistrup. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 671k and a net result of DKK 33k. CEO: Michael Nørtoft.

Bankruptcy risk for Nørtoft VVS ApS

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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
39402351
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Michael Nørtoft, Yderikparken 33
6862 Tistrup
Municipality
Varde
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio65.6%
Current ratio288%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 717kDKK 740k
Net profitDKK 33kDKK 149k
EquityDKK 671kDKK 638k
Total assetsDKK 1.0mDKK 936k
CashDKK 0–
Short-term debtDKK 352k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025133
1 Jul 2023 – 30 Jun 2024164
1 Jul 2022 – 30 Jun 2023109
1 Jul 2021 – 30 Jun 2022144
1 Jul 2020 – 30 Jun 2021133
1 Jul 2019 – 30 Jun 2020135
8 Mar 2018 – 30 Jun 201989

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 NørtoftCurrent
Owner (100%)MH NØRTOFT HOLDING ApSCurrent
FounderMH NØRTOFT HOLDING ApSCurrent

The CEOs' other companies

Michael Nørtoft – 1 other companies

Address history (2 moves)

c/o Michael Nørtoft, Yderikparken 33, 6862 Tistrup
c/o Michael Nørtoft, Kasthøjvej 3B, 6862 Tistrup
c/o Michael Nørtoft, Ahornvej 9, 6862 Tistrup

Employees per year

Number of employees at Nørtoft VVS ApS per year122018: 22018

Other companies at the same address

Similar companies in Varde

Questions and answers about Nørtoft VVS ApS

Has Nørtoft VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Nørtoft VVS ApS?

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 Nørtoft VVS ApS?

Michael Nørtoft is the CEO of Nørtoft VVS ApS.

Who is the auditor of Nørtoft VVS ApS?

Nørtoft VVS ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Nørtoft VVS ApS founded?

Nørtoft VVS ApS was founded on 8 March 2018.

What is the equity of Nørtoft VVS ApS?

Equity was DKK 671k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.