Nordic Reed ApS

CVR 40892117 · Private limited company (ApS) · Active · Low risk

Nordic Reed ApS is a Private limited company (ApS), founded on , based in Rønne. The company is registered in the industry fremstilling af fibercement. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -1.5m and a net result of DKK -251k.

Bankruptcy risk for Nordic Reed ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Registered owners3 · bankruptcy rate 6.2%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
40892117
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Søren Finsen, Østergade 24
3700 Rønne
Municipality
Bornholms Regionskommune
Industry
Fremstilling af fibercement (236500)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 40k
Auditor
Revisionsfirmaet Lasse Larsen
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-122.7%
Current ratio25%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -35kDKK -33kDKK 143k
Net profitDKK -251kDKK -381kDKK -92k
EquityDKK -1.5mDKK -1.3mDKK -890k
Total assetsDKK 1.2mDKK 878kDKK 1.2m
CashDKK 6DKK 0–
Short-term debtDKK 2.8mDKK 2.1m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Lasse Larsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025180
1 Oct 2023 – 30 Sep 2024183
1 Oct 2022 – 30 Sep 2023187 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021182
21 Oct 2019 – 30 Sep 2020163

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
Owner (33%)GP FINANS ApSCurrent
Owner (33%)Finsen Invest ApSCurrent
Owner (33%)MVS SERVICE & UDLEJNING ApSCurrent
Owner (33%)ENGHOLM FINANS ApS
FounderGP FINANS ApSCurrent
FounderENGHOLM FINANS ApSCurrent
FounderFinsen Invest ApSCurrent

Address history (1 moves)

c/o Søren Finsen, Østergade 24, 3700 Rønne
Håndværkerbyen 17, 2670 Greve

Other companies at the same address

Questions and answers about Nordic Reed ApS

Has Nordic Reed ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Reed ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of Nordic Reed ApS?

Nordic Reed ApS most recently used Revisionsfirmaet Lasse Larsen.

When was Nordic Reed ApS founded?

Nordic Reed ApS was founded on 21 October 2019.

What is the equity of Nordic Reed ApS?

Equity was DKK -1.5m according to the annual report for the period ending 30 September 2025.

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