NORDEN BYG A/S

CVR 41569409 · Public limited company (A/S) · Active · Low risk

NORDEN BYG A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.5m and a net result of DKK 3.5m. CEO: Mads Vittrup-Pedersen.

Bankruptcy risk for NORDEN BYG A/S

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

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
41569409
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Lovbyvej 90
8700 Horsens
Municipality
Horsens
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 400k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio48.8%
Current ratio205%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 17.5mDKK 14.8mDKK 12.5m
Net profitDKK 3.5mDKK 2.8mDKK 1.9m
EquityDKK 6.5mDKK 5.5mDKK 4.8m
Total assetsDKK 13.3mDKK 14.4mDKK 11.8m
CashDKK 5.6mDKK 3.3m–
Short-term debtDKK 5.8mDKK 8.3m–
Tax owedDKK 0DKK 1.3m–
Avg. employees3027–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202572
1 Jan 2024 – 31 Dec 202453
1 Jan 2023 – 31 Dec 202376
1 Jan 2022 – 31 Dec 202274
6 Aug 2020 – 31 Dec 202160

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
CEOMads Vittrup-PedersenCurrent
BoardStig Gert ErsgardCurrent
BoardMads Vittrup-PedersenCurrent
BoardJacob KjeldsenCurrent
BoardJens KorsgaardCurrent
Owner (33%)Vitt Holding ApSCurrent
Owner (33%)JFK Horsens Holding ApSCurrent
Owner (10%)J-Korsgaard Holding ApSCurrent
Owner (33%)Vitt Holding ApS
Owner (33%)JFK Horsens Holding ApS
Owner (15%)Retega 2016 A/S
Owner (15%)NORDEN BYG A/S
Owner (50%)Vitt Holding ApS
Owner (50%)JFK Horsens Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderVitt Holding ApSCurrent
FounderJFK Horsens Holding ApSCurrent

The CEOs' other companies

Mads Vittrup-Pedersen – 4 other companies

Address history (1 moves)

Lovbyvej 90, 8700 Horsens
Petersmindevej 8A, 7130 Juelsminde

Other companies at the same address

Similar companies in Horsens

Questions and answers about NORDEN BYG A/S

Has NORDEN BYG A/S gone bankrupt?

No, NORDEN BYG A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORDEN BYG A/S?

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 NORDEN BYG A/S?

Mads Vittrup-Pedersen is the CEO of NORDEN BYG A/S.

Who is the auditor of NORDEN BYG A/S?

NORDEN BYG A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was NORDEN BYG A/S founded?

NORDEN BYG A/S was founded on 6 August 2020.

What is the equity of NORDEN BYG A/S?

Equity was DKK 6.5m 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.