Navigraff ApS

CVR 41454393 · Private limited company (ApS) · Active · Medium risk

Navigraff ApS is a Private limited company (ApS), founded on , based in Gistrup. The company is registered in the industry fremstilling af medicinske og dentale instrumenter samt udstyr hertil. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 -8.6m and a net result of DKK -2.5m. CEO: Lars Braun Nielsen.

Bankruptcy risk for Navigraff ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Has a boardYes · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
41454393
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o LBN MedTech Ventures ApS, Postgårdsvej 16
9260 Gistrup
Municipality
Aalborg
Industry
Fremstilling af medicinske og dentale instrumenter samt udstyr hertil (325000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 200k
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-129.3%
Current ratio4%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -597kDKK -809kDKK -1.3m
Net profitDKK -2.5mDKK -3.5mDKK -4.5m
EquityDKK -8.6mDKK -7.2mDKK -3.7m
Total assetsDKK 6.6mDKK 4.6mDKK 4.6m
Cash–DKK 0–
Short-term debtDKK 15.2mDKK 8.2m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023130
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021154
12 Jun 2020 – 31 Dec 2020119

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
CEOLars Braun NielsenCurrent
CEOLars Braun Nielsen
BoardLars Braun NielsenCurrent
Owner (20%)Region NordjyllandCurrent
Owner (67%)LBN MedTech Ventures ApSCurrent
Owner (100%)LBN VISION GOLD ApS
Owner (67%)LBN VISION GOLD ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorMOVE 01.10.2026 ApS
FounderLBN VISION GOLD ApSCurrent

The CEOs' other companies

Lars Braun Nielsen – 29 other companies, of which 3 bankrupt

Address history (2 moves)

c/o LBN MedTech Ventures ApS, Postgårdsvej 16, 9260 Gistrup
K. Christensens Vej 6, 9200 Aalborg SV
Gugvej 70, 9210 Aalborg SØ

Former names

Navigraff ApS – now
Fodfejl ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Navigraff ApS

Has Navigraff ApS gone bankrupt?

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

What is the bankruptcy risk of Navigraff ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Navigraff ApS?

Lars Braun Nielsen is the CEO of Navigraff ApS.

Who is the auditor of Navigraff ApS?

Navigraff ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was Navigraff ApS founded?

Navigraff ApS was founded on 12 June 2020.

What is the equity of Navigraff ApS?

Equity was DKK -8.6m 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.