Blue Nordic ApS

CVR 41507187 · Private limited company (ApS) · Active · Low risk

Blue Nordic ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry agenturhandel med tømmer og andre byggematerialer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.7m and a net result of DKK -248k. CEO: Morten Bundgaard.

Bankruptcy risk for Blue Nordic ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
41507187
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Bernhard Bangs Alle 7, 4. th
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Agenturhandel med tømmer og andre byggematerialer (461300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio95.3%
Current ratio1,497%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.2mDKK 2.0m
Net profitDKK -248kDKK 123k
EquityDKK 3.7mDKK 4.1m
Total assetsDKK 3.9mDKK 4.2m
CashDKK 1.2m–
Short-term debtDKK 185k–
Tax owedDKK 0–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023151
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 202041

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
CEOMorten BundgaardCurrent
Owner (100%)Morten BundgaardCurrent
FounderMorten BundgaardCurrent

The CEOs' other companies

Morten Bundgaard – 1 other companies

Address history (3 moves)

Bernhard Bangs Alle 7, 4. th, 2000 Frederiksberg
Smallegade 34, 3. tv, 2000 Frederiksberg
Auroravej 10C, 2610 Rødovre
Svend Trøsts Vej 21, 4. tv, 1912 Frederiksberg C

Other companies at the same address

Questions and answers about Blue Nordic ApS

Has Blue Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Blue Nordic ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Blue Nordic ApS?

Morten Bundgaard is the CEO of Blue Nordic ApS.

Who is the auditor of Blue Nordic ApS?

Blue Nordic ApS most recently used Beierholm.

When was Blue Nordic ApS founded?

Blue Nordic ApS was founded on 29 June 2020.

What is the equity of Blue Nordic ApS?

Equity was DKK 3.7m 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.