Nordec Group ApS

CVR 42054836 · Private limited company (ApS) · Active · Low risk

Nordec Group ApS is a Private limited company (ApS), founded on , based in Hesselager. The company is registered in the industry detailhandel med maling og tapet. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -191k and a net result of DKK -19k. CEO: Kim Vester.

Bankruptcy risk for Nordec Group ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
42054836
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Østergade 64
5874 Hesselager
Municipality
Svendborg
Industry
Detailhandel med maling og tapet (475210)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-161.2%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -25kDKK 12kDKK -17k
Net profitDKK -19kDKK 9,198DKK -13k
EquityDKK -191kDKK -172kDKK -244k
Total assetsDKK 119kDKK 149kDKK 75k
CashDKK 11kDKK 40k–
Short-term debtDKK 310kDKK 321k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 202498
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022179
25 Jan 2021 – 31 Dec 2021179

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
CEOKim VesterCurrent
Owner (50%)BLSV Holding ApSCurrent
Owner (50%)V Holding ApSCurrent
FounderBLSV Holding ApSCurrent

The CEOs' other companies

Kim Vester – 2 other companies

Address history (1 moves)

Østergade 64, 5874 Hesselager
Østergade 64, 5874 Hesselager

Former names

Nordec Group ApS – now
Propaint.dk ApS –

Other companies at the same address

Similar companies in Svendborg

Questions and answers about Nordec Group ApS

Has Nordec Group ApS gone bankrupt?

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

What is the bankruptcy risk of Nordec Group ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Nordec Group ApS?

Kim Vester is the CEO of Nordec Group ApS.

When was Nordec Group ApS founded?

Nordec Group ApS was founded on 25 January 2021.

What is the equity of Nordec Group ApS?

Equity was DKK -191k 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.