North Form ApS

CVR 43519344 · Private limited company (ApS) · Active · Medium risk

North Form ApS is a Private limited company (ApS), founded on , based in Skagen. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -778 and a net result of DKK -33k. CEO: Annika Baldvinsson.

Bankruptcy risk for North Form ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×

Reduces the risk

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×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43519344
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Sct. Laurentii Vej 85C
9990 Skagen
Municipality
Frederikshavn
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
REVIMIDT Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-3.1%
Current ratio34%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -28kDKK 24k
Net profitDKK -33kDKK 7,107
EquityDKK -778DKK 32k
Total assetsDKK 25kDKK 49k
CashDKK 1,448–
Short-term debtDKK 25k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025104
1 Oct 2023 – 30 Sep 2024160
14 Sep 2022 – 30 Sep 2023137

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
CEOAnnika BaldvinssonCurrent
Owner (100%)Annika BaldvinssonCurrent
FounderAnnika BaldvinssonCurrent

The CEOs' other companies

Annika Baldvinsson – 1 other companies

Address history (0 moves)

Sct. Laurentii Vej 85C, 9990 Skagen

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about North Form ApS

Has North Form ApS gone bankrupt?

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

What is the bankruptcy risk of North Form ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of North Form ApS?

Annika Baldvinsson is the CEO of North Form ApS.

Who is the auditor of North Form ApS?

North Form ApS most recently used REVIMIDT Godkendt Revisionspartnerselskab.

When was North Form ApS founded?

North Form ApS was founded on 14 September 2022.

What is the equity of North Form ApS?

Equity was DKK -778 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.