Nordic Furniture Sourcing Co. ApS

CVR 42672874 · Private limited company (ApS) · Active · Very high risk

Nordic Furniture Sourcing Co. ApS is a Private limited company (ApS), founded on , based in Aalborg Øst. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -109k and a net result of DKK 8,000. CEO: Jimmi Nielsen, Rene Nielsen.

Bankruptcy risk for Nordic Furniture Sourcing Co. ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · 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
42672874
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Lundeborgvej 2
9220 Aalborg Øst
Municipality
Aalborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Speditører
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-237.7%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15kDKK 17k
Net profitDKK 8,000DKK 5,070
EquityDKK -109kDKK -117k
Total assetsDKK 46kDKK 49k
CashDKK 309–
Short-term debtDKK 154k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025185 Late
1 Oct 2023 – 30 Sep 2024175
1 Oct 2022 – 30 Sep 202382
10 Sep 2021 – 30 Sep 2022133

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
CEOJimmi NielsenCurrent
CEORene NielsenCurrent
Owner (50%)J. Nielsen Holding ApSCurrent
Owner (50%)R. Nielsen Holding ApSCurrent
FounderJ. Nielsen Holding ApSCurrent
FounderR. Nielsen Holding ApSCurrent

The CEOs' other companies

Rene Nielsen – 2 other companies

Address history (1 moves)

Lundeborgvej 2, 9220 Aalborg Øst
Nymøllevej 51, 9240 Nibe

Former names

Nordic Furniture Sourcing Co. ApS – now
Jysk Lagerhotel ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Nordic Furniture Sourcing Co. ApS

Has Nordic Furniture Sourcing Co. ApS gone bankrupt?

No, Nordic Furniture Sourcing Co. ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Nordic Furniture Sourcing Co. ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Nordic Furniture Sourcing Co. ApS?

Jimmi Nielsen, Rene Nielsen are the CEOs of Nordic Furniture Sourcing Co. ApS.

When was Nordic Furniture Sourcing Co. ApS founded?

Nordic Furniture Sourcing Co. ApS was founded on 10 September 2021.

What is the equity of Nordic Furniture Sourcing Co. ApS?

Equity was DKK -109k 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.