Norstad A/S

CVR 40732837 · Public limited company (A/S) · Active · Medium risk

Norstad A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 506k and a net result of DKK -814k.

Bankruptcy risk for Norstad 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
40732837
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Vandtårnsvej 77
2860 Søborg
Municipality
Gladsaxe
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 400k
Auditor
ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio62.2%
Current ratio265%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address76
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 50kDKK 1.5mDKK 73k
Net profitDKK -814kDKK 582kDKK -805k
EquityDKK 506kDKK 1.3mDKK 737k
Total assetsDKK 813kDKK 2.1mDKK 1.2m
CashDKK 753kDKK 2.0m–
Short-term debtDKK 307kDKK 780k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ALBJERG, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020188 Late
20 Aug 2019 – 31 Dec 2019154

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
BoardJacob Peter GadeCurrent
BoardMikkel Giovanni JohnsenCurrent
BoardVibeke GadeCurrent
BoardPeter Schäfer
BoardJens Hørby Jensen
BoardKarsten John Hjarsø
Owner (100%)Gade Development Holding ApSCurrent
Owner (50%)Jensen Gruppen A/S
Owner (33%)Gade Development Holding ApS
AuditorALBJERG STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJensen Gruppen A/SCurrent
FounderGade Development Holding ApSCurrent

Address history (1 moves)

Vandtårnsvej 77, 2860 Søborg
Bryghuspladsen 8, 2., 1473 København K

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Norstad A/S

Has Norstad A/S gone bankrupt?

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

What is the bankruptcy risk of Norstad 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 auditor of Norstad A/S?

Norstad A/S most recently used ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Norstad A/S founded?

Norstad A/S was founded on 20 August 2019.

What is the equity of Norstad A/S?

Equity was DKK 506k 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.