Norlands ApS

CVR 41338075 · Private limited company (ApS) · Active · Low risk

Norlands ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 262k and a net result of DKK 0. CEO: Joan Elsberg.

Bankruptcy risk for Norlands ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
41338075
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Markskellet 28
8920 Randers NV
Municipality
Randers
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 48k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio88.0%
Current ratio747%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK -16kDKK -13k
Net profitDKK 0DKK -16kDKK -13k
EquityDKK 262kDKK 246kDKK 214k
Total assetsDKK 298kDKK 282kDKK 219k
CashDKK 0DKK 0–
Short-term debtDKK 36kDKK 36k–
Avg. employees–1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025149
1 Nov 2023 – 31 Oct 2024151
1 Nov 2022 – 31 Oct 2023180
1 Nov 2021 – 31 Oct 2022152
1 Nov 2020 – 31 Oct 2021153
28 Apr 2020 – 31 Oct 2020107

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
CEOJoan ElsbergCurrent
Owner (100%)Joan ElsbergCurrent
FounderJoan ElsbergCurrent

The CEOs' other companies

Joan Elsberg – 4 other companies, of which 2 bankrupt

Address history (0 moves)

Markskellet 28, 8920 Randers NV

Other companies at the same address

Similar companies in Randers

Questions and answers about Norlands ApS

Has Norlands ApS gone bankrupt?

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

What is the bankruptcy risk of Norlands ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Norlands ApS?

Joan Elsberg is the CEO of Norlands ApS.

When was Norlands ApS founded?

Norlands ApS was founded on 28 April 2020.

What is the equity of Norlands ApS?

Equity was DKK 262k according to the annual report for the period ending 31 October 2025.

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