Nordic Brands ApS

CVR 39692988 · Private limited company (ApS) · Active · High risk

Nordic Brands ApS is a Private limited company (ApS), founded on , based in Værløse. The company is registered in the industry ikke-specialiseret engroshandel. 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 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK -4.9m and a net result of DKK -3.3m. CEO: Christian Løvenkjær-Knudtzon, Johnny Davidsen.

Bankruptcy risk for Nordic Brands 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39692988
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Lejrvej 27
3500 Værløse
Municipality
Furesø
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 100k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-35.5%
Current ratio78%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -3.0mDKK 4.2m
Net profitDKK -3.3mDKK -5.2m
EquityDKK -4.9mDKK -1.6m
Total assetsDKK 13.9mDKK 35.7m
CashDKK 2.2m–
Short-term debtDKK 17.7m–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2024 – 30 Apr 2025196 Late
1 Apr 2023 – 31 Mar 2024199 Late
1 Apr 2022 – 31 Mar 2023189 Late
1 Apr 2021 – 31 Mar 2022183
1 Apr 2020 – 31 Mar 202149
1 Apr 2019 – 31 Mar 2020153
2 Jul 2018 – 31 Mar 201985

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
CEOChristian Løvenkjær-KnudtzonCurrent
CEOJohnny DavidsenCurrent
BoardHenrik Hvolbæk
BoardChristian Løvenkjær-Knudtzon
BoardHenrik Sebastian Thøger Nielsen
BoardKurt Grube Jensen
BoardAlexander Stig Paciorek Nielsen
BoardJohnny Davidsen
Owner (20%)Lone AndersenCurrent
Owner (20%)HERA LENDERS ApSCurrent
Owner (5%)COUSIN CORP. ApSCurrent
Owner (50%)Nordic DB Holding ApSCurrent
Owner (100%)Nordic DB Holding ApS
Owner (10%)COUSIN CORP. ApS
Owner (50%)Nordic DB Holding ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNordic DB Holding ApSCurrent

The CEOs' other companies

Christian Løvenkjær-Knudtzon – 3 other companies, of which 1 bankrupt

Johnny Davidsen – 3 other companies, of which 2 bankrupt

Address history (1 moves)

Lejrvej 27, 3500 Værløse
Lejrvej 9, 3500 Værløse

Other companies at the same address

Similar companies in Furesø

Questions and answers about Nordic Brands ApS

Has Nordic Brands ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Brands 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 Nordic Brands ApS?

Christian Løvenkjær-Knudtzon, Johnny Davidsen are the CEOs of Nordic Brands ApS.

Who is the auditor of Nordic Brands ApS?

Nordic Brands ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Nordic Brands ApS founded?

Nordic Brands ApS was founded on 2 July 2018.

What is the equity of Nordic Brands ApS?

Equity was DKK -4.9m according to the annual report for the period ending 30 April 2025.

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