Norcar Denmark ApS

CVR 42925209 · Private limited company (ApS) · Active · Low risk

Norcar Denmark ApS is a Private limited company (ApS), founded on , based in Odense N. The company is registered in the industry engroshandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 24.8m and a net result of DKK 12.9m. CEO: Pierre Minier.

Bankruptcy risk for Norcar Denmark ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
42925209
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Timianvej 14
5270 Odense N
Municipality
Odense
Industry
Engroshandel med motorkøretøjer (467100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 200k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio84.2%
Current ratio632%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 18.5mDKK 30.1m
Net profitDKK 12.9mDKK 21.8m
EquityDKK 24.8mDKK 21.9m
Total assetsDKK 29.4mDKK 33.0m
CashDKK 12.1m–
Short-term debtDKK 4.7m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 2023106
21 Dec 2021 – 31 Dec 2022163

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
CEOPierre MinierCurrent
BoardPierre MinierCurrent
BoardMark OsterhammelCurrent
BoardJoachim HaugCurrent
BoardHans Øivind BuerCurrent
Owner (25%)Musse M Holding ApSCurrent
Owner (25%)Osterhammel Holding ApSCurrent
Owner (50%)Haug & Buer Holding ASCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMusse M Holding ApSCurrent
FounderOsterhammel Holding ApSCurrent
FounderHaug & Buer Holding ASCurrent

The CEOs' other companies

Pierre Minier – 1 other companies

Address history (1 moves)

Timianvej 14, 5270 Odense N
Merianvænget 5, 5270 Odense N

Other companies at the same address

Similar companies in Odense

Questions and answers about Norcar Denmark ApS

Has Norcar Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Norcar Denmark ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Norcar Denmark ApS?

Pierre Minier is the CEO of Norcar Denmark ApS.

Who is the auditor of Norcar Denmark ApS?

Norcar Denmark ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Norcar Denmark ApS founded?

Norcar Denmark ApS was founded on 21 December 2021.

What is the equity of Norcar Denmark ApS?

Equity was DKK 24.8m 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.