GlassMate ApS
CVR 41374322 · Private limited company (ApS) · Active · Medium risk
GlassMate ApS is a Private limited company (ApS), founded on , based in Årre. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 220k and a net result of DKK 30k. CEO: Nichlas Thorsgaard.
Bankruptcy risk for GlassMate ApS
1.2 × the average (1.41%) · higher risk than 81% of active Danish companies
Increases the risk
Reduces the risk
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
- 41374322
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- Skolegade 7
6818 Årre - Municipality
- Varde
- Industry
- Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler - Share capital
- DKK 48k
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 6 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 11.5% |
| Current ratio | 108% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 2.1m | DKK 2.5m |
| Net profit | DKK 30k | DKK -26k |
| Equity | DKK 220k | DKK 191k |
| Total assets | DKK 1.9m | DKK 2.5m |
| Short-term debt | DKK 1.7m | – |
| Tax owed | DKK 12k | – |
| Avg. employees | 5 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 190 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 183 | ||
| 1 Jan 2023 – 31 Dec 2023 | 193 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 186 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 126 | ||
| 20 May 2020 – 31 Dec 2020 | 68 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Nichlas Thorsgaard | Current | |
| CEO | Lasse Steen Ploug Nielsen | ||
| CEO | Martin Scholdan Heinze | ||
| Board | Lasse Steen Ploug Nielsen | ||
| Board | Martin Scholdan Heinze | ||
| Board | Nichlas Thorsgaard | ||
| Owner (100%) | N. Thorsgaard Holding ApS | Current | |
| Owner (50%) | LSN Copenhagen ApS | ||
| Owner (50%) | M. Heinze Holding ApS | ||
| Owner (33%) | LSN Copenhagen ApS | ||
| Owner (33%) | M. Heinze Holding ApS | ||
| Owner (33%) | N. Thorsgaard Holding ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | ||
| Founder | LSN Copenhagen ApS | Current | |
| Founder | M. Heinze Holding ApS | Current |
The CEOs' other companies
Nichlas Thorsgaard – 1 other companies
- N. Thorsgaard Holding ApS Active
Lasse Steen Ploug Nielsen – 5 other companies
- LKSN APS Fusioneret
- LSN Copenhagen ApS Active
- RackBuddy ApS Active
- STEEN INVEST ApS Active
- StarVVS Ejendomme ApS Active
Martin Scholdan Heinze – 3 other companies
- M. Heinze Holding ApS Active
- RackBuddy ApS Active
- StarVVS Ejendomme ApS Active
Address history (1 moves)
| Skolegade 7, 6818 Årre | |
| Gl Vardevej 66A, 6700 Esbjerg |
Other companies at the same address
Similar companies in Varde
Questions and answers about GlassMate ApS
Has GlassMate ApS gone bankrupt?
No, GlassMate ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of GlassMate ApS?
Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.
Who is the CEO of GlassMate ApS?
Nichlas Thorsgaard is the CEO of GlassMate ApS.
Who is the auditor of GlassMate ApS?
GlassMate ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was GlassMate ApS founded?
GlassMate ApS was founded on 20 May 2020.
What is the equity of GlassMate ApS?
Equity was DKK 220k 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.