Q-NOR Engineering ApS

CVR 40071261 · Private limited company (ApS) · Active · Low risk

Q-NOR Engineering ApS is a Private limited company (ApS), founded on , based in Hjørring. The company is registered in the industry fremstilling af maskiner til føde-, drikke- og tobaksvareindustrien. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 380k and a net result of DKK -114k. CEO: Thomas Kidde Nørgaard.

Bankruptcy risk for Q-NOR Engineering ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40071261
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Tverstedvej 29
9800 Hjørring
Municipality
Hjørring
Industry
Fremstilling af maskiner til føde-, drikke- og tobaksvareindustrien (289300)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio55.8%
Current ratio3%
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 year202520242023
Gross profitDKK -110kDKK 491kDKK 1.1m
Net profitDKK -114kDKK -128kDKK 190k
EquityDKK 380kDKK 494kDKK 622k
Total assetsDKK 680kDKK 693kDKK 1.2m
CashDKK 3,098DKK 6,609–
Short-term debtDKK 300kDKK 199k–
Tax owedDKK 7,335DKK 43k–
Avg. employees–1–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023200 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020104
1 Dec 2018 – 31 Dec 2019106

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
CEOThomas Kidde NørgaardCurrent
Owner (50%)HYBREN ApSCurrent
Owner (50%)Q-advice ApSCurrent
FounderThomas Kidde NørgaardCurrent
FounderLars Qvordrup ThygesenCurrent

The CEOs' other companies

Thomas Kidde Nørgaard – 3 other companies

Address history (0 moves)

Tverstedvej 29, 9800 Hjørring

Former names

Q-NOR Engineering ApS – now
Q-NOR Engineering IVS –

Other companies at the same address

Similar companies in Hjørring

Questions and answers about Q-NOR Engineering ApS

Has Q-NOR Engineering ApS gone bankrupt?

No, Q-NOR Engineering ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Q-NOR Engineering ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Q-NOR Engineering ApS?

Thomas Kidde Nørgaard is the CEO of Q-NOR Engineering ApS.

When was Q-NOR Engineering ApS founded?

Q-NOR Engineering ApS was founded on 1 December 2018.

What is the equity of Q-NOR Engineering ApS?

Equity was DKK 380k 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.