nordicway ApS

CVR 40745769 · Private limited company (ApS) · Active · Low risk

nordicway ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 0.1% 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 892k and a net result of DKK 402k. CEO: Thomas Mørch Iversen.

Bankruptcy risk for nordicway ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40745769
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Godthåbsvej 27
8660 Skanderborg
Municipality
Skanderborg
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio76.5%
Current ratio425%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address27
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.8mDKK 1.4m
Net profitDKK 402kDKK 424kDKK 378k
EquityDKK 892kDKK 734kDKK 546k
Total assetsDKK 1.2mDKK 960kDKK 923k
CashDKK 1.1mDKK 879k–
Short-term debtDKK 274kDKK 226k–
Tax owedDKK 0DKK 14k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202571
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 202348
1 Jan 2022 – 31 Dec 202238
1 Jan 2021 – 31 Dec 202174
28 Aug 2019 – 31 Dec 2020118

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 Mørch IversenCurrent
Owner (50%)Michael Fabricius Bækgaard StormCurrent
Owner (50%)Fullstack Holding ApSCurrent
FounderMichael Fabricius Bækgaard StormCurrent
FounderFullstack Holding ApSCurrent

The CEOs' other companies

Thomas Mørch Iversen – 2 other companies

Address history (1 moves)

Godthåbsvej 27, 8660 Skanderborg
Grønløkke Allé 108, 8310 Tranbjerg J

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about nordicway ApS

Has nordicway ApS gone bankrupt?

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

What is the bankruptcy risk of nordicway ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of nordicway ApS?

Thomas Mørch Iversen is the CEO of nordicway ApS.

When was nordicway ApS founded?

nordicway ApS was founded on 28 August 2019.

What is the equity of nordicway ApS?

Equity was DKK 892k 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.