Norwood ApS

CVR 39461072 · Private limited company (ApS) · Active · High risk

Norwood ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -14k and a net result of DKK 9,600. CEO: Kim Viftrup Galsgaard.

Bankruptcy risk for Norwood ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
39461072
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Borggade 4E, 5. th
8000 Aarhus C
Municipality
Aarhus
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-0.9%
Current ratio99%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 459kDKK 456k
Net profitDKK 9,600DKK -17k
EquityDKK -14kDKK -23k
Total assetsDKK 1.5mDKK 248k
CashDKK 669k–
Short-term debtDKK 1.5m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025191 Late
1 Jul 2023 – 30 Jun 2024180
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022167
1 Jul 2020 – 30 Jun 2021115
1 Jul 2019 – 30 Jun 2020136
5 Apr 2018 – 30 Jun 2019159

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
CEOKim Viftrup GalsgaardCurrent
CEOSteen Søndergaard Christensen
Owner (100%)Kim Viftrup GalsgaardCurrent
Owner (100%)Kim Viftrup GalsgaardCurrent
Owner (25%)OASIS HOLDING ApS
Owner (25%)Steen Søndergaard Christensen Holding ApS
Owner (50%)Kim Viftrup Galsgaard
FounderOASIS HOLDING ApSCurrent
FounderSteen Søndergaard Christensen Holding ApSCurrent
FounderKimCurrent

The CEOs' other companies

Steen Søndergaard Christensen – 11 other companies, of which 1 bankrupt

Address history (3 moves)

Borggade 4E, 5. th, 8000 Aarhus C
Åbyvej 5, 8230 Åbyhøj
Helga Pedersens Gade 115, 8000 Aarhus C
Smedevej 1B, 9500 Hobro

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Norwood ApS

Has Norwood ApS gone bankrupt?

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

What is the bankruptcy risk of Norwood ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Norwood ApS?

Kim Viftrup Galsgaard is the CEO of Norwood ApS.

Who is the auditor of Norwood ApS?

Norwood ApS most recently used Beierholm.

When was Norwood ApS founded?

Norwood ApS was founded on 5 April 2018.

What is the equity of Norwood ApS?

Equity was DKK -14k 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.