Northern Renewable ApS

CVR 43495976 · Private limited company (ApS) · Active · Very high risk

Northern Renewable ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry anlæg af ledningsnet til elektricitet og telekommunikation. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.9m and a net result of DKK 111k. CEO: Peter Bang.

Bankruptcy risk for Northern Renewable ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Capital changes2 · 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×

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
43495976
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Tingstrupvej 111
7700 Thisted
Municipality
Thisted
Industry
Anlæg af ledningsnet til elektricitet og telekommunikation (422200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 100k
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-169.8%
Current ratio27%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 4.2mDKK 5.6m
Net profitDKK 111kDKK -3.0m
EquityDKK -1.9mDKK -2.0m
Total assetsDKK 1.1mDKK 2.5m
CashDKK 2,082–
Short-term debtDKK 3.0m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 2024183
5 Sep 2022 – 31 Dec 2023166

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
CEOPeter BangCurrent
BoardLars Riegels Kühn
BoardMogens Thousgaard Kirstein
BoardThomas Gissel
Owner (100%)PB Wind Holding ApSCurrent
Owner (100%)Peter Bang
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorRL af 1/7 2020 P/S
FounderPeter BangCurrent

The CEOs' other companies

Peter Bang – 2 other companies

Address history (1 moves)

Tingstrupvej 111, 7700 Thisted
Møgelvej 140, 7752 Snedsted

Former names

Northern Renewable ApS – now
Northern Renewable A/S –

Other companies at the same address

Similar companies in Thisted

Questions and answers about Northern Renewable ApS

Has Northern Renewable ApS gone bankrupt?

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

What is the bankruptcy risk of Northern Renewable ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Northern Renewable ApS?

Peter Bang is the CEO of Northern Renewable ApS.

Who is the auditor of Northern Renewable ApS?

Northern Renewable ApS most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Northern Renewable ApS founded?

Northern Renewable ApS was founded on 5 September 2022.

What is the equity of Northern Renewable ApS?

Equity was DKK -1.9m 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.