North Retail ApS

CVR 40775943 · Private limited company (ApS) · Active · Low risk

North Retail ApS is a Private limited company (ApS), founded on , based in Egå. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Jul 2025) shows equity of DKK 2.8m and a net result of DKK 1.7m. CEO: Morten Minke.

Bankruptcy risk for North Retail ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Equity ratio0%–10% · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×

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
40775943
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Morten Minke, Egå Havvej 21, 1.
8250 Egå
Municipality
Aarhus
Industry
Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio8.1%
Current ratio112%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.3mDKK 6.8m
Net profitDKK 1.7mDKK 1.2m
EquityDKK 2.8mDKK 1.1m
Total assetsDKK 34.5mDKK 18.8m
Short-term debtDKK 30.5m–
Tax owedDKK 272k–
Avg. employees9–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Aug 2024 – 31 Jul 202585
1 Aug 2023 – 31 Jul 202461
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021181
9 Sep 2019 – 31 Dec 2020109

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
CEOMorten MinkeCurrent
Owner (67%)Morten Minke Holding ApSCurrent
Owner (25%)Joakim Schultz Holding ApSCurrent
Owner (100%)Morten Minke Holding ApS
Owner (20%)Joakim Schultz Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten Minke Holding ApSCurrent

The CEOs' other companies

Morten Minke – 1 other companies

Address history (4 moves)

c/o Morten Minke, Egå Havvej 21, 1., 8250 Egå
c/o Morten Minke, Egå Havvej 25, 8250 Egå
c/o Morten Minke, Egå Havvej 21, 1., 8250 Egå
Dalsagervej 25, 8250 Egå
Skæring Havvej 125, 8250 Egå

Other companies at the same address

Similar companies in Aarhus

Questions and answers about North Retail ApS

Has North Retail ApS gone bankrupt?

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

What is the bankruptcy risk of North Retail ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of North Retail ApS?

Morten Minke is the CEO of North Retail ApS.

Who is the auditor of North Retail ApS?

North Retail ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was North Retail ApS founded?

North Retail ApS was founded on 9 September 2019.

What is the equity of North Retail ApS?

Equity was DKK 2.8m according to the annual report for the period ending 31 July 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.