55North ApS

CVR 42481777 · Private limited company (ApS) · Active · Medium risk

55North ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry anden udlejning af boliger. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -275k and a net result of DKK 173k. CEO: Salar Asghari, Morten Vesth.

Bankruptcy risk for 55North 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
42481777
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Morten Vesth, Webersgade 56
2100 København Ø
Municipality
København
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 41k
Auditor
Bille &amp; Buch-Andersen
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-26.4%
Current ratio1,122%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -21
Net profitDKK 173kDKK -463
EquityDKK -275kDKK -448
Total assetsDKK 1.0mDKK 820
CashDKK 161k–
Short-term debtDKK 17k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Bille &amp; Buch-Andersen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022124
21 Jun 2021 – 31 Dec 2021326 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
CEOSalar AsghariCurrent
CEOMorten VesthCurrent
CEOMorten Vesth
Owner (50%)InVesth ApSCurrent
Owner (50%)SA-INVEST ApSCurrent
FounderInVesth ApSCurrent
FounderSA-INVEST ApSCurrent

The CEOs' other companies

Salar Asghari – 4 other companies

Morten Vesth – 3 other companies

Address history (1 moves)

c/o Morten Vesth, Webersgade 56, 2100 København Ø
c/o Gartnerparken 22, 2630 Taastrup, Finsensvej 6B, 2. tv, 2000 Frederiksberg

Former names

55North ApS – now
Udlejning Sjælland ApS –

Other companies at the same address

Similar companies in København

Questions and answers about 55North ApS

Has 55North ApS gone bankrupt?

No, 55North ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 55North 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 55North ApS?

Salar Asghari, Morten Vesth are the CEOs of 55North ApS.

Who is the auditor of 55North ApS?

55North ApS most recently used Bille &amp; Buch-Andersen.

When was 55North ApS founded?

55North ApS was founded on 21 June 2021.

What is the equity of 55North ApS?

Equity was DKK -275k 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.