LINE-X Nordic ApS

CVR 42444839 · Private limited company (ApS) · Active · Medium risk

LINE-X Nordic ApS is a Private limited company (ApS), founded on , based in Gørlev. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -4.8m and a net result of DKK -179k. CEO: Thomas Andersen.

Bankruptcy risk for LINE-X Nordic 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42444839
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ulstrupvej 19
4281 Gørlev
Municipality
Kalundborg
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
Revisor Inge Linkamp ApS
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-1,448.1%
Current ratio927%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -175kDKK -1.9m
Net profitDKK -179kDKK -2.4m
EquityDKK -4.8mDKK -4.6m
Total assetsDKK 331kDKK 991k
CashDKK 63k–
Short-term debtDKK 36k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisor Inge Linkamp ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025173
1 Oct 2023 – 30 Sep 2024214 Late
1 Oct 2022 – 30 Sep 2023202 Late
7 Jun 2021 – 30 Sep 2022150

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
CEOThomas AndersenCurrent
BoardThomas Andersen
BoardCarl Frederik Stub Trock
BoardNikolaj Halborg Sørensen
Owner (100%)TODO HOLDING KALUNDBORG ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTODO HOLDING KALUNDBORG ApSCurrent

The CEOs' other companies

Thomas Andersen – 11 other companies

Address history (1 moves)

Ulstrupvej 19, 4281 Gørlev
Rendsborgparken 2, 4400 Kalundborg

Other companies at the same address

Similar companies in Kalundborg

Questions and answers about LINE-X Nordic ApS

Has LINE-X Nordic ApS gone bankrupt?

No, LINE-X Nordic ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LINE-X Nordic 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 LINE-X Nordic ApS?

Thomas Andersen is the CEO of LINE-X Nordic ApS.

Who is the auditor of LINE-X Nordic ApS?

LINE-X Nordic ApS most recently used Revisor Inge Linkamp ApS.

When was LINE-X Nordic ApS founded?

LINE-X Nordic ApS was founded on 7 June 2021.

What is the equity of LINE-X Nordic ApS?

Equity was DKK -4.8m according to the annual report for the period ending 30 September 2025.

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