Square1 Nordic A/S
CVR 41385405 · Public limited company (A/S) · Active · Low risk
Square1 Nordic A/S is a Public limited company (A/S), founded on , based in Herfølge. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.8m and a net result of DKK -1.5m.
Bankruptcy risk for Square1 Nordic A/S
0.2 × the average (1.41%) · higher risk than 49% 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
- 41385405
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (6 years)
- Address
- Vordingborgvej 82
4681 Herfølge - Municipality
- Køge
- Industry
- Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 500k
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 6 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 93.2% |
| Current ratio | 701% |
| 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 | 2023 |
|---|---|---|---|
| Gross profit | DKK 4.2m | DKK 1.9m | DKK 1.4m |
| Net profit | DKK -1.5m | DKK 2.2m | DKK 2.5m |
| Equity | DKK 7.8m | DKK 9.4m | DKK 7.6m |
| Total assets | DKK 8.4m | DKK 11.0m | DKK 11.4m |
| Cash | DKK 1.4m | DKK 349k | – |
| Short-term debt | DKK 565k | DKK 1.0m | – |
| Tax owed | DKK 14k | DKK 27k | – |
| Avg. employees | 8 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 167 | ||
| 1 Jan 2024 – 31 Dec 2024 | 92 | ||
| 1 Jan 2023 – 31 Dec 2023 | 51 | ||
| 1 Jan 2022 – 31 Dec 2022 | 184 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 150 | ||
| 1 Jan 2020 – 31 Dec 2020 | 132 |
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 | Mikkel Engsbro | ||
| CEO | Thomas Bo Thorsen | ||
| Board | Mikkel Engsbro | Current | |
| Board | Marianne Thorsen | Current | |
| Board | Thomas Bo Thorsen | Current | |
| Board | Jørgen Frost | ||
| Board | Gary Mark Griffiths | ||
| Board | Kim Skaarup | ||
| Board | Kim Skaarup | ||
| Board | Gary Mark Griffiths | ||
| Owner (50%) | MTT HOLDING ApS | Current | |
| Owner (50%) | MAL Finans ApS | Current | |
| Owner (100%) | Mikkel Engsbro | ||
| Owner (100%) | MAL Finans ApS | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Auditor | Sønderup I/S, statsautoriserede revisorer | ||
| Founder | MAL Finans ApS | Current |
The CEOs' other companies
Mikkel Engsbro – 6 other companies
- A/S DANISH ENGINEERING & MARINE POWER Active
- MAL Finans ApS Active
- MARINE TECHNIC A/S Active
- Mariteam A/S Active
- Square1 Properties ApS Active
- TriFu ApS Fusioneret
Thomas Bo Thorsen – 8 other companies
- J.M.M 2024 Holding ApS Fusioneret
- MARINE TECHNIC A/S Active
- MTT HOLDING ApS Active
- Mariteam A/S Active
- Petersen Holding anno 2023 ApS Fusioneret
- Square1 Properties ApS Active
- Thorsn ApS Fusioneret
- TriFu ApS Fusioneret
Address history (2 moves)
| Vordingborgvej 82, 4681 Herfølge | |
| Sandvadsvej 17B, 4600 Køge | |
| Sundvej 12C, 4600 Køge |
Other companies at the same address
- J.M.M 2024 Holding ApS Fusioneret
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Questions and answers about Square1 Nordic A/S
Has Square1 Nordic A/S gone bankrupt?
No, Square1 Nordic A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Square1 Nordic A/S?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the auditor of Square1 Nordic A/S?
Square1 Nordic A/S most recently used Beierholm Godkendt Revisionspartnerselskab.
When was Square1 Nordic A/S founded?
Square1 Nordic A/S was founded on 25 May 2020.
What is the equity of Square1 Nordic A/S?
Equity was DKK 7.8m 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.