Norse Trading Company ApS

CVR 42580538 · Private limited company (ApS) · Active · Low risk

Norse Trading Company ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -20k and a net result of DKK -6,626.

Bankruptcy risk for Norse Trading Company 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
42580538
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ildfuglevænget 260
5260 Odense S
Municipality
Odense
Industry
Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-143.4%
Current ratio41%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -6,626DKK -1,869DKK -5,355
Net profitDKK -6,626DKK -1,869DKK -5,355
EquityDKK -20kDKK -14kDKK -12k
Total assetsDKK 14kDKK 21kDKK 23k
CashDKK 441DKK 8,722–
Short-term debtDKK 34kDKK 34k–
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 2025181
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023177
5 Aug 2021 – 31 Dec 2022170

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
Owner (100%)Five Eight Holding ApSCurrent
FounderFive Eight Holding ApSCurrent

Address history (0 moves)

Ildfuglevænget 260, 5260 Odense S

Other companies at the same address

Similar companies in Odense

Questions and answers about Norse Trading Company ApS

Has Norse Trading Company ApS gone bankrupt?

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

What is the bankruptcy risk of Norse Trading Company 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.

When was Norse Trading Company ApS founded?

Norse Trading Company ApS was founded on 5 August 2021.

What is the equity of Norse Trading Company ApS?

Equity was DKK -20k 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.