NorthBaron ApS

CVR 42144010 · Private limited company (ApS) · Active · Medium risk

NorthBaron ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -92k and a net result of DKK -16k.

Bankruptcy risk for NorthBaron ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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 CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Has a boardYes · 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×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
42144010
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Kasper Vestergaard Kristensen, Pilevænget 32
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 46k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-99.5%
Current ratio48%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 224DKK 2,177
Gross profitDKK -7,203DKK -12k
Net profitDKK -16kDKK -12k
EquityDKK -92kDKK -77k
Total assetsDKK 93kDKK 210k
CashDKK 26k–
Short-term debtDKK 185k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202530
1 Jan 2024 – 31 Dec 202450
1 Jan 2023 – 31 Dec 2023211 Late Restated
1 Jan 2022 – 31 Dec 2022180
15 Feb 2021 – 31 Dec 2021181

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
BoardKasper Vestergaard KristensenCurrent
BoardKasper Vestergaard Kristensen
BoardSøren Agersbæk Jensen
BoardBjarne Vestergaard Averhoff
BoardMarianne Vestergaard Jensen
BoardBjarne Vestergaard Averhoff
Owner (100%)Vestergaard International ApSCurrent
Owner (100%)Vestergaard International ApS
Owner (5%)B.V. AVERHOFF CONSULT ApS
Owner (0%)SAJ Finans ApS
Owner (100%)Vestergaard International ApS
Owner (0%)MVJ 1964 ApS
FounderVestergaard International ApSCurrent

Address history (0 moves)

c/o Kasper Vestergaard Kristensen, Pilevænget 32, 6900 Skjern

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about NorthBaron ApS

Has NorthBaron ApS gone bankrupt?

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

What is the bankruptcy risk of NorthBaron ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

When was NorthBaron ApS founded?

NorthBaron ApS was founded on 15 February 2021.

What is the equity of NorthBaron ApS?

Equity was DKK -92k 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.