North Star Group ApS

CVR 40963766 · Private limited company (ApS) · Active · Very high risk

North Star Group ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -2.9m and a net result of DKK -439k. CEO: Carsten Lundgaard.

Bankruptcy risk for North Star Group ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×

Reduces the risk

Capital changes3+ · bankruptcy rate 6.2%0.70×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
40963766
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Julsøvej 37A
8600 Silkeborg
Municipality
Silkeborg
Industry
Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-2,076.9%
Current ratio21%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -88kDKK 271k
Net profitDKK -439kDKK 158k
EquityDKK -2.9mDKK -2.5m
Total assetsDKK 140kDKK 532k
CashDKK 4,691–
Short-term debtDKK 106k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025195 Late
1 Oct 2023 – 30 Sep 2024198 Late
1 Oct 2022 – 30 Sep 2023199 Late
1 Jul 2021 – 30 Sep 2022200 Late
1 Jul 2020 – 30 Jun 2021168
26 Nov 2019 – 30 Jun 2020169

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
CEOCarsten LundgaardCurrent
CEOLars Wolff Graversen
BoardMette Graversen
BoardLars Wolff Graversen
BoardNegin Hedegaard
BoardAnnie Rasmussen
BoardCarsten Lundgaard
Owner (100%)LG GRUPPEN ApSCurrent
Owner (100%)METTE ANDERSEN HOLDING ApS
Owner (10%)Annie Rasmussen
Owner (10%)Camilla Tuborgh
Owner (33%)Thomas Hedegaard
Owner (33%)METTE ANDERSEN HOLDING ApS
Owner (15%)Annie Rasmussen
Owner (5%)Camilla Tuborgh
Owner (100%)North Star Group Holding ApS
AuditorEMIT P/S
FounderMETTE ANDERSEN HOLDING ApSCurrent

The CEOs' other companies

Carsten Lundgaard – 1 other companies

Lars Wolff Graversen – 11 other companies, of which 2 bankrupt

Address history (1 moves)

Julsøvej 37A, 8600 Silkeborg
Strandvejen 25, 8600 Silkeborg

Former names

North Star Group ApS – now
North Star Group A/S –

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about North Star Group ApS

Has North Star Group ApS gone bankrupt?

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

What is the bankruptcy risk of North Star Group ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of North Star Group ApS?

Carsten Lundgaard is the CEO of North Star Group ApS.

When was North Star Group ApS founded?

North Star Group ApS was founded on 26 November 2019.

What is the equity of North Star Group ApS?

Equity was DKK -2.9m 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.