North Avenue Group ApS

CVR 43085220 · Private limited company (ApS) · Active · Low risk

North Avenue Group ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry teater- og koncertproduktioner. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 103k and a net result of DKK 61k. CEO: Oliver Sigmann Beck, Magnus Rønnest France Nielsen.

Bankruptcy risk for North Avenue Group ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%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×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%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

CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
43085220
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Møllegade 12, st.
8000 Aarhus C
Municipality
Aarhus
Industry
Teater- og koncertproduktioner (902010)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio27.5%
Current ratio4%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 598kDKK 1.2mDKK 563k
Net profitDKK 61kDKK 252kDKK 179k
EquityDKK 103kDKK 223kDKK 171k
Total assetsDKK 376kDKK 551kDKK 344k
Cash–DKK 0–
Short-term debtDKK 254kDKK 312k–
Tax owedDKK 10kDKK 66k–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 202449
1 Jan 2023 – 31 Dec 202396
15 Feb 2022 – 31 Dec 202293

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
CEOOliver Sigmann BeckCurrent
CEOMagnus Rønnest France NielsenCurrent
CEOMikkel Maagaard Olesen
CEOChristian Borup Nielsen
CEOPeder Schantz
Owner (33%)Magnus Rønnest France NielsenCurrent
Owner (33%)Maagaard Invest ApSCurrent
Owner (33%)Sigmann Invest ApSCurrent
Owner (20%)Magnus Rønnest France Nielsen
Owner (20%)Maagaard Invest ApS
Owner (20%)Sigmann Invest ApS
Owner (20%)CBN Invest ApS
Owner (20%)P. Schantz Holding ApS
Owner (25%)Magnus Rønnest France Nielsen
Owner (25%)Maagaard Invest ApS
Owner (25%)Sigmann Invest ApS
Owner (25%)CBN Invest ApS
FounderMagnus Rønnest France NielsenCurrent
FounderMaagaard Invest ApSCurrent
FounderSigmann Invest ApSCurrent
FounderCBN Invest ApSCurrent
FounderP. Schantz Holding ApSCurrent

The CEOs' other companies

Oliver Sigmann Beck – 2 other companies

Mikkel Maagaard Olesen – 5 other companies

Christian Borup Nielsen – 2 other companies

Peder Schantz – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Møllegade 12, st., 8000 Aarhus C
Ege Allé 131, 8600 Silkeborg

Similar companies in Aarhus

Questions and answers about North Avenue Group ApS

Has North Avenue Group ApS gone bankrupt?

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

What is the bankruptcy risk of North Avenue Group ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of North Avenue Group ApS?

Oliver Sigmann Beck, Magnus Rønnest France Nielsen are the CEOs of North Avenue Group ApS.

Who is the auditor of North Avenue Group ApS?

North Avenue Group ApS most recently used Beierholm.

When was North Avenue Group ApS founded?

North Avenue Group ApS was founded on 15 February 2022.

What is the equity of North Avenue Group ApS?

Equity was DKK 103k 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.