Northflare Energy Holding A/S

CVR 41722614 · Public limited company (A/S) · Active · High risk

Northflare Energy Holding A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.0% over the next 12 months, which is 2.1 times the average for Danish companies. 6 annual reports have been published. CEO: Ask Michael Munck.

Bankruptcy risk for Northflare Energy Holding A/S

3.0%
probability of bankruptcy within 12 months
High risk

2.1 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
41722614
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Sundkrogsgade 11, 2.
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.1m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies2
Other companies at the address21
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025

Latest annual report: Reporting class C, large enterprise · auditor's statement: Independent Auditor’s Report · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 202664
1 May 2024 – 30 Apr 202586
1 May 2023 – 30 Apr 202480
1 May 2022 – 30 Apr 202361
1 May 2021 – 30 Apr 202269
30 Sep 2020 – 30 Apr 202163

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
CEOAsk Michael MunckCurrent
CEOSimon Christensen
CEOMichael Hjorth Christensen
CEOAsk Michael Munck
BoardChristian Pagaard JunkerCurrent
BoardJan Flemming Bech AndersenCurrent
BoardLouise Wenche KochCurrent
BoardSøren Fournaise EriksenCurrent
BoardPeter Hald AppelCurrent
BoardNina ØstergaardCurrent
BoardTorben Østergaard Nielsen
BoardNina Østergaard
BoardJakob Schultz Nielsen
BoardSimon Christensen
BoardMorten Hultberg Buchgreitz
Owner (100%)A/S UNITED SHIPPING & TRADING COMPANYCurrent
Owner (50%)A/S UNITED SHIPPING & TRADING COMPANY
Owner (20%)CM HOLDING A/S
Owner (5%)Bigmove Holdings Limited
Owner (10%)CM HOLDING A/S
Owner (67%)A/S UNITED SHIPPING & TRADING COMPANY
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderA/S UNITED SHIPPING & TRADING COMPANYCurrent

The CEOs' other companies

Ask Michael Munck – 13 other companies, of which 3 bankrupt

Simon Christensen – 42 other companies, of which 1 bankrupt

Michael Hjorth Christensen – 10 other companies

Address history (3 moves)

Sundkrogsgade 11, 2., 2100 København Ø
Sundkrogsgade 11, 2., 2100 København Ø
Klubiensvej 22, 2150 Nordhavn
Turbinevej 10, 5500 Middelfart

Former names

Northflare Energy Holding A/S – now
CM Biomass Holding A/S –
Aktieselskabet af 29. september 2020 –

Other companies at the same address

Similar companies in København

Questions and answers about Northflare Energy Holding A/S

Has Northflare Energy Holding A/S gone bankrupt?

No, Northflare Energy Holding A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Northflare Energy Holding A/S?

Our model estimates a bankruptcy risk of 3.0% over the next 12 months (high risk), which is 2.1 times the average for Danish companies.

Who is the CEO of Northflare Energy Holding A/S?

Ask Michael Munck is the CEO of Northflare Energy Holding A/S.

Who is the auditor of Northflare Energy Holding A/S?

Northflare Energy Holding A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Northflare Energy Holding A/S founded?

Northflare Energy Holding A/S was founded on 30 September 2020.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.