Balgårde Landhandel ApS

CVR 42903825 · Private limited company (ApS) · Active · Low risk

Balgårde Landhandel ApS is a Private limited company (ApS), founded on , based in Spentrup. The company is registered in the industry fremstilling af gødningsstoffer og nitrogenprodukter. 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 1.1m and a net result of DKK 321k. CEO: Glen Nikolajsen, Magnus Hoffmann Nikolajsen.

Bankruptcy risk for Balgårde Landhandel 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · 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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42903825
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Balgårdsvej 36
8981 Spentrup
Municipality
Randers
Industry
Fremstilling af gødningsstoffer og nitrogenprodukter (201500)
Bankruptcies in the industry: Fremstilling af parfume, hårshampoo, tandpasta mv.
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio43.1%
Current ratio162%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 782kDKK 226kDKK 352k
Net profitDKK 321kDKK 140kDKK 256k
EquityDKK 1.1mDKK 759kDKK 619k
Total assetsDKK 2.5mDKK 2.0mDKK 1.4m
CashDKK 302kDKK 328k–
Short-term debtDKK 1.4mDKK 1.3m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 202444
1 Jan 2023 – 31 Dec 202340
7 Dec 2021 – 31 Dec 2022177

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
CEOGlen NikolajsenCurrent
CEOMagnus Hoffmann NikolajsenCurrent
Owner (100%)Niko Holdings ApSCurrent
Owner (50%)NGG HOLDING ApS
Owner (33%)Niko Holdings ApS
FounderNGG HOLDING ApSCurrent
FounderNiko Holdings ApSCurrent

The CEOs' other companies

Glen Nikolajsen – 9 other companies

Magnus Hoffmann Nikolajsen – 3 other companies

Address history (1 moves)

Balgårdsvej 36, 8981 Spentrup
Landevejen 27, 8970 Havndal

Other companies at the same address

Similar companies in Randers

Questions and answers about Balgårde Landhandel ApS

Has Balgårde Landhandel ApS gone bankrupt?

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

What is the bankruptcy risk of Balgårde Landhandel 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.

Who is the CEO of Balgårde Landhandel ApS?

Glen Nikolajsen, Magnus Hoffmann Nikolajsen are the CEOs of Balgårde Landhandel ApS.

Who is the auditor of Balgårde Landhandel ApS?

Balgårde Landhandel ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Balgårde Landhandel ApS founded?

Balgårde Landhandel ApS was founded on 7 December 2021.

What is the equity of Balgårde Landhandel ApS?

Equity was DKK 1.1m 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.