CitNOW Nordic A/S

CVR 39640570 · Public limited company (A/S) · Active · Medium risk

CitNOW Nordic A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.2m and a net result of DKK 1.2m. CEO: Alistair Horsburgh, Kristian Krapper.

Bankruptcy risk for CitNOW Nordic A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
39640570
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Olgas Alle 4
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 68k
Employees
0 (2018)
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-138.5%
Current ratio42%
Moves (last 2 years)3
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address38
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 6.9mDKK 4.7m
Net profitDKK 1.2mDKK 499k
EquityDKK -4.2mDKK -5.4m
Total assetsDKK 3.0mDKK 3.3m
CashDKK 451k–
Short-term debtDKK 7.2m–
Avg. employees6–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019230 Late
7 Jun 2018 – 31 Dec 201892

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
CEOAlistair HorsburghCurrent
CEOKristian KrapperCurrent
BoardChristopher BulpittCurrent
BoardBoris Antoine Rene HuardCurrent
BoardBrian Robert AirdCurrent
BoardAlistair Horsburgh
BoardGeoffrey Page-Morris
BoardClaudia Munn
BoardIan David Brewer
Owner (100%)Zype TV LimitedCurrent
Auditorinforevision statsautoriseret revisionsaktieselskab
FounderZype TV LimitedCurrent

The CEOs' other companies

Kristian Krapper – 5 other companies

Address history (4 moves)

Olgas Alle 4, 6000 Kolding
Nymøllevej 50, 2800 Kongens Lyngby
Olgas Alle 4, 6000 Kolding
Nymøllevej 50, 2800 Kongens Lyngby
c/o GALST Advokataktieselskab, Gammel Strand 44, 3., 1202 København K

Former names

CitNOW Nordic A/S – now
C It Now Nordic A/S –

Employees per year

Number of employees at CitNOW Nordic A/S per year112018: 02018

Other companies at the same address

Similar companies in Kolding

Questions and answers about CitNOW Nordic A/S

Has CitNOW Nordic A/S gone bankrupt?

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

What is the bankruptcy risk of CitNOW Nordic A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of CitNOW Nordic A/S?

Alistair Horsburgh, Kristian Krapper are the CEOs of CitNOW Nordic A/S.

Who is the auditor of CitNOW Nordic A/S?

CitNOW Nordic A/S most recently used inforevision statsautoriseret revisionsaktieselskab.

When was CitNOW Nordic A/S founded?

CitNOW Nordic A/S was founded on 7 June 2018.

What is the equity of CitNOW Nordic A/S?

Equity was DKK -4.2m 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.