Northware ApS

CVR 41365897 · Private limited company (ApS) · Active · Medium risk

Northware ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -59k and a net result of DKK 2,646. CEO: Alexander George Mark Hellowell.

Bankruptcy risk for Northware ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
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
41365897
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Rosenvængets Allé 15, 5. tv
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-32.6%
Current ratio75%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3,425DKK 23kDKK 431k
Net profitDKK 2,646DKK -23kDKK 62k
EquityDKK -59kDKK -61kDKK -39k
Total assetsDKK 180kDKK 193kDKK 247k
CashDKK 123kDKK 181k–
Short-term debtDKK 239kDKK 254k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021153
17 May 2020 – 31 Dec 2020176

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
CEOAlexander George Mark HellowellCurrent
CEOKristoffer Oscar Løck Tølbøll
Owner (100%)AHWorks ApSCurrent
Owner (25%)Kristoffer Oscar Løck Tølbøll
Owner (67%)AHWorks ApS
Owner (50%)AHWorks ApS
Owner (50%)Stonks ApS
FounderKristoffer Oscar Løck TølbøllCurrent
FounderAHWorks ApSCurrent

The CEOs' other companies

Alexander George Mark Hellowell – 2 other companies

Address history (2 moves)

Rosenvængets Allé 15, 5. tv, 2100 København Ø
c/o A. Hellowell, Rosenvængets Allé 15, 5. tv, 2100 København Ø
Rosenvængets Allé 15, 5. th, 2100 København Ø

Former names

Northware ApS – now
Relu Solutions ApS –
ating ApS –
RateDateMate ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Northware ApS

Has Northware ApS gone bankrupt?

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

What is the bankruptcy risk of Northware ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Northware ApS?

Alexander George Mark Hellowell is the CEO of Northware ApS.

When was Northware ApS founded?

Northware ApS was founded on 17 May 2020.

What is the equity of Northware ApS?

Equity was DKK -59k 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.