NORR11 International ApS

CVR 40596860 · Private limited company (ApS) · Active · Low risk

NORR11 International ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 14.0m and a net result of DKK -760k. CEO: Iben Wistrup Schwaner, Ludvig Kjærulff.

Bankruptcy risk for NORR11 International ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · 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×

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
40596860
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Østergade 17
1100 København K
Municipality
København
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 41k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio37.7%
Current ratio126%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address71
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 17.2mDKK 15.8mDKK 15.6m
Net profitDKK -760kDKK -2.9mDKK 803k
EquityDKK 14.0mDKK 14.8mDKK 17.7m
Total assetsDKK 37.2mDKK 36.1mDKK 33.5m
CashDKK 5.2mDKK 5.0m–
Short-term debtDKK 23.2mDKK 21.4m–
Avg. employees2331–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020173
14 Jun 2019 – 31 Dec 2019259 Late

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
CEOIben Wistrup SchwanerCurrent
CEOLudvig KjærulffCurrent
CEOMagnús Berg Magnússon
BoardLars Melchior Kongsted KjeldsenCurrent
BoardErik Preben HolmCurrent
BoardTommy HyldahlCurrent
BoardJan McNairCurrent
BoardJesper Sjølund
Owner (100%)NORR11 HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNORR11 HOLDING ApSCurrent

The CEOs' other companies

Iben Wistrup Schwaner – 2 other companies

Ludvig Kjærulff – 1 other companies

Magnús Berg Magnússon – 1 other companies

Address history (0 moves)

Østergade 17, 1100 København K

Other companies at the same address

Similar companies in København

Questions and answers about NORR11 International ApS

Has NORR11 International ApS gone bankrupt?

No, NORR11 International ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORR11 International ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of NORR11 International ApS?

Iben Wistrup Schwaner, Ludvig Kjærulff are the CEOs of NORR11 International ApS.

Who is the auditor of NORR11 International ApS?

NORR11 International ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was NORR11 International ApS founded?

NORR11 International ApS was founded on 14 June 2019.

What is the equity of NORR11 International ApS?

Equity was DKK 14.0m 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.