North-con ApS

CVR 40628436 · Private limited company (ApS) · Active · Low risk

North-con ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK 44k. CEO: Palle Morthorst.

Bankruptcy risk for North-con ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
40628436
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Fladhøj 19
7400 Herning
Municipality
Herning
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 240k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio92.5%
Current ratio1,329%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 882kDKK 1,000k
Net profitDKK 44kDKK 100k
EquityDKK 1.1mDKK 1.1m
Total assetsDKK 1.2mDKK 1.2m
CashDKK 1.2m–
Short-term debtDKK 87k–

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 20252
1 Jan 2024 – 31 Dec 20243
1 Jan 2023 – 31 Dec 20231
1 Jan 2022 – 31 Dec 20221
1 Jan 2021 – 31 Dec 20214
1 Jul 2019 – 31 Dec 202016

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
CEOPalle MorthorstCurrent
Owner (20%)MAJUS ApSCurrent
Owner (67%)PMO Holding 2019 ApSCurrent
FounderMAJUS ApSCurrent
FounderPMO Holding 2019 ApSCurrent

The CEOs' other companies

Palle Morthorst – 6 other companies

Address history (1 moves)

Fladhøj 19, 7400 Herning
Fiskergade 66, 8000 Aarhus C

Other companies at the same address

Similar companies in Herning

Questions and answers about North-con ApS

Has North-con ApS gone bankrupt?

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

What is the bankruptcy risk of North-con 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 North-con ApS?

Palle Morthorst is the CEO of North-con ApS.

When was North-con ApS founded?

North-con ApS was founded on 1 July 2019.

What is the equity of North-con ApS?

Equity was DKK 1.1m 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.