Nordico ApS

CVR 41861223 · Private limited company (ApS) · Active · Medium risk

Nordico ApS is a Private limited company (ApS), founded on , based in Sabro. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 63k and a net result of DKK -18k. CEO: Fatih Demirtas.

Bankruptcy risk for Nordico ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×

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
41861223
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Viborgvej 792A, st.
8471 Sabro
Municipality
Aarhus
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio25.3%
Current ratio71%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 49kDKK 39kDKK 75k
Net profitDKK -18kDKK 27kDKK 54k
EquityDKK 63kDKK 78kDKK 54k
Total assetsDKK 247kDKK 209kDKK 181k
CashDKK 60kDKK 39k–
Short-term debtDKK 185kDKK 126k–
Tax owedDKK 2,521DKK 1,992–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023174 Restated
1 Jan 2022 – 31 Dec 2022196 Late
11 Nov 2020 – 31 Dec 2021201 Late

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
CEOFatih DemirtasCurrent
CEORania Masri Demirtas
Owner (100%)Rania Masri DemirtasCurrent
FounderRania Masri DemirtasCurrent

Address history (1 moves)

Viborgvej 792A, st., 8471 Sabro
Fuglevænget 32, 8464 Galten

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Nordico ApS

Has Nordico ApS gone bankrupt?

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

What is the bankruptcy risk of Nordico ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Nordico ApS?

Fatih Demirtas is the CEO of Nordico ApS.

When was Nordico ApS founded?

Nordico ApS was founded on 11 November 2020.

What is the equity of Nordico ApS?

Equity was DKK 63k 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.