Norvex ApS

CVR 42680540 · Private limited company (ApS) · Active · Medium risk

Norvex ApS is a Private limited company (ApS), founded on , based in Gistrup. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -27k and a net result of DKK 1,472. CEO: Shaiq Ghorwal.

Bankruptcy risk for Norvex ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
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
42680540
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Dinfirmaadresse.dk ApS, Gunderupvej 16
9260 Gistrup
Municipality
Aalborg
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-434.1%
Current ratio19%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address34
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 8,299DKK -39kDKK 207
Net profitDKK 1,472DKK -44kDKK 207
EquityDKK -27kDKK -29kDKK 15k
Total assetsDKK 6,249DKK 18kDKK 27k
CashDKK 289DKK 4,752–
Short-term debtDKK 33kDKK 46k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
15 Sep 2021 – 31 Dec 202251

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
CEOShaiq GhorwalCurrent
Owner (100%)ShaiGo ApSCurrent
FounderShaiGo ApSCurrent

The CEOs' other companies

Shaiq Ghorwal – 1 other companies

Address history (2 moves)

c/o Dinfirmaadresse.dk ApS, Gunderupvej 16, 9260 Gistrup
Falkevej 7, 8660 Skanderborg
Grenåvej 111, 8240 Risskov

Former names

Norvex ApS – now
StringGo ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Norvex ApS

Has Norvex ApS gone bankrupt?

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

What is the bankruptcy risk of Norvex ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Norvex ApS?

Shaiq Ghorwal is the CEO of Norvex ApS.

When was Norvex ApS founded?

Norvex ApS was founded on 13 September 2021.

What is the equity of Norvex ApS?

Equity was DKK -27k 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.