ETHERMA NORDICS ApS
CVR 43789147 · Private limited company (ApS) · Active · Medium risk
ETHERMA NORDICS ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry fremstilling af klimaanlæg, ikke til husholdningsbrug. 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 (31 Dec 2025) shows equity of DKK -4.6m and a net result of DKK -470k. CEO: Martijn Aalders.
Bankruptcy risk for ETHERMA NORDICS ApS
1.0 × the average (1.41%) · higher risk than 77% of active Danish companies
Increases the risk
Reduces the risk
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
- 43789147
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Borupvang 3, st.
2750 Ballerup - Municipality
- Ballerup
- Industry
- Fremstilling af klimaanlæg, ikke til husholdningsbrug (282500)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 40k
- Auditor
- Beierholm
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 3 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -1,600.7% |
| Current ratio | 5% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 150 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 788k | DKK 458k |
| Net profit | DKK -470k | DKK -2.0m |
| Equity | DKK -4.6m | DKK -4.1m |
| Total assets | DKK 288k | DKK 1.2m |
| Cash | DKK 80k | – |
| Short-term debt | DKK 4.9m | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 124 | ||
| 1 Jan 2024 – 31 Dec 2024 | 133 | ||
| 5 Jan 2023 – 31 Dec 2023 | 177 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Martijn Aalders | Current | |
| CEO | Bas Spekreijse | ||
| Owner (100%) | ETHERMA Holding GmbH | Current | |
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Founder | ETHERMA Holding GmbH | Current |
Address history (0 moves)
| Borupvang 3, st., 2750 Ballerup |
Other companies at the same address
- AE Kæmpe ApS Bankrupt
- ATONOMICS A/S Bankrupt
- AZIGN BIOSCIENCE A/S Bankrupt
- Anpartsselskabet af 2. maj 2018 Bankrupt
- B. M. GROUP ApS Bankrupt
- Budget112 IVS Bankrupt
- Bygge Op ApS Bankrupt
- CBV Kursus IVS Bankrupt
- CORPORATE VIDEO GROUP ApS Bankrupt
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- DEA Holding IVS Bankrupt
- DFU 2020 ApS Bankrupt
- Dexceo Denmark ApS Bankrupt
- Dexceo Holding ApS Bankrupt
- Digikiddie IVS Bankrupt
- Ejendomsselskab Nordjylland IVS Bankrupt
- EndoPharm ApS Bankrupt
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- Green Light Candy IVS Bankrupt
- Green Light Events ApS Bankrupt
- IQ-TECHDEAL IVS Bankrupt
- Just Sold af 2018 ApS Bankrupt
- KJT Company IVS Bankrupt
- Loop Food A/S Bankrupt
- Loop Food Holding ApS Bankrupt
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Questions and answers about ETHERMA NORDICS ApS
Has ETHERMA NORDICS ApS gone bankrupt?
No, ETHERMA NORDICS ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of ETHERMA NORDICS 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 ETHERMA NORDICS ApS?
Martijn Aalders is the CEO of ETHERMA NORDICS ApS.
Who is the auditor of ETHERMA NORDICS ApS?
ETHERMA NORDICS ApS most recently used Beierholm.
When was ETHERMA NORDICS ApS founded?
ETHERMA NORDICS ApS was founded on 5 January 2023.
What is the equity of ETHERMA NORDICS ApS?
Equity was DKK -4.6m 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.