Nordic Sales Group ApS

CVR 43568027 · Private limited company (ApS) · Active · Very high risk

Nordic Sales Group ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 183k and a net result of DKK 103k. CEO: Michael Steen Østergaard.

Bankruptcy risk for Nordic Sales Group ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
43568027
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Gammel Lyngvej 2
4600 Køge
Municipality
Køge
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio45.9%
Current ratio185%
Moves (last 2 years)2
CEO changes in total3
CEO's previous bankruptcies2
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 132kDKK 24k
Net profitDKK 103kDKK 19k
EquityDKK 183kDKK 99k
Total assetsDKK 400kDKK 104k
CashDKK 244k–
Short-term debtDKK 216k–
Tax owedDKK 29k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024176
7 Oct 2022 – 31 Dec 2023179

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
CEOMichael Steen ØstergaardCurrent
CEOSven Ole Sylvester-Hvid
CEOEva Madsen
Owner (100%)Michael Steen ØstergaardCurrent
Owner (50%)Sven Ole Sylvester-Hvid
Owner (50%)Eva Madsen
FounderSven Ole Sylvester-HvidCurrent
FounderEva MadsenCurrent

The CEOs' other companies

Michael Steen Østergaard – 3 other companies, of which 2 bankrupt

Sven Ole Sylvester-Hvid – 1 other companies, of which 1 bankrupt

Address history (2 moves)

Gammel Lyngvej 2, 4600 Køge
Brombærvej 9, 4654 Faxe Ladeplads
Callisensvej 2, 4. th, 2900 Hellerup

Former names

Nordic Sales Group ApS – now
Cleverplaying ApS –

Other companies at the same address

Similar companies in Køge

Questions and answers about Nordic Sales Group ApS

Has Nordic Sales Group ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Sales Group ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Nordic Sales Group ApS?

Michael Steen Østergaard is the CEO of Nordic Sales Group ApS.

When was Nordic Sales Group ApS founded?

Nordic Sales Group ApS was founded on 7 October 2022.

What is the equity of Nordic Sales Group ApS?

Equity was DKK 183k 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.