Nordic Power Balance ApS

CVR 43140906 · Private limited company (ApS) · Active · Medium risk

Nordic Power Balance ApS is a Private limited company (ApS), founded on , based in Højslev. The company is registered in the industry lagring af elektricitet. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 314k and a net result of DKK -280k. CEO: Mogens Birkelund.

Bankruptcy risk for Nordic Power Balance ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43140906
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Mogens Birkelund, Søbyvej 18B
7840 Højslev
Municipality
Skive
Industry
Lagring af elektricitet (351600)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio17.1%
Current ratio1%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 303kDKK 898kDKK 25k
Net profitDKK -280kDKK 523kDKK 24k
EquityDKK 314kDKK 594kDKK 71k
Total assetsDKK 1.8mDKK 2.3mDKK 103k
CashDKK 11kDKK 721–
Short-term debtDKK 1.5mDKK 1.6m–
Tax owedDKK 0DKK 51k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025162
1 Oct 2023 – 30 Sep 2024169
1 Oct 2022 – 30 Sep 2023101
21 Mar 2022 – 30 Sep 202282

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
CEOMogens BirkelundCurrent
CEOCarl Morten Baggesen Hilger
Owner (100%)S. C. Group ApsCurrent
Owner (50%)S. C. Group Aps
Owner (50%)Nordic Power Services ApS
FounderS. C. Group ApsCurrent
FounderNordic Power Services ApSCurrent

The CEOs' other companies

Mogens Birkelund – 23 other companies, of which 4 bankrupt

Carl Morten Baggesen Hilger – 5 other companies

Address history (2 moves)

c/o Mogens Birkelund, Søbyvej 18B, 7840 Højslev
c/o Anita Birkelund, Søbyvej 18B, 7840 Højslev
Sellerupvej 27, 7080 Børkop

Other companies at the same address

Similar companies in Skive

Questions and answers about Nordic Power Balance ApS

Has Nordic Power Balance ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Power Balance ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Nordic Power Balance ApS?

Mogens Birkelund is the CEO of Nordic Power Balance ApS.

Who is the auditor of Nordic Power Balance ApS?

Nordic Power Balance ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was Nordic Power Balance ApS founded?

Nordic Power Balance ApS was founded on 21 March 2022.

What is the equity of Nordic Power Balance ApS?

Equity was DKK 314k 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.