Project Nord ApS

CVR 41342218 · Private limited company (ApS) · Active · High risk

Project Nord ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 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 (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK -263k.

Bankruptcy risk for Project Nord ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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

Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
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
41342218
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Torben Andersen, Godthåbsvej 28, 3. tv
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 600k
Auditor
VKST Revision
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-7,545.7%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -63kDKK -108kDKK -7,299
Net profitDKK -263kDKK -506kDKK -171k
EquityDKK -1.3mDKK -1.0mDKK -507k
Total assetsDKK 17kDKK 46kDKK 215k
CashDKK 17kDKK 46k–
Short-term debtDKK 1.3mDKK 1.1m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · VKST Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025216 Late
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021188 Late
5 May 2020 – 31 Dec 2020183

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 (67%)VICH 6997 ApSCurrent
Owner (20%)Up North Co. ApSCurrent
Owner (25%)VICH 6997 ApS
Owner (67%)BLAZAR ApS
Owner (25%)BLAZAR ApS
FounderTorben AndersenCurrent

Address history (2 moves)

c/o Torben Andersen, Godthåbsvej 28, 3. tv, 2000 Frederiksberg
Lindgreens Allé 9, 2300 København S
c/o Blazar Capital, Købmagergade 3A, 4., 1150 København K

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Project Nord ApS

Has Project Nord ApS gone bankrupt?

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

What is the bankruptcy risk of Project Nord ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of Project Nord ApS?

Project Nord ApS most recently used VKST Revision.

When was Project Nord ApS founded?

Project Nord ApS was founded on 5 May 2020.

What is the equity of Project Nord ApS?

Equity was DKK -1.3m 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.