Network Nation ApS

CVR 43815172 · Private limited company (ApS) · Active · Medium risk

Network Nation ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry erhvervs- og arbejdsgiverorganisationers aktiviteter. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.4m and a net result of DKK -1.6m. CEO: Kristoffer Carlos Lilliedal, Mikkel Friis.

Bankruptcy risk for Network Nation ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
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×
Registered owners2 · bankruptcy rate 7.6%0.87×

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
43815172
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Australiensvej 35, 1. th
2100 København Ø
Municipality
København
Industry
Erhvervs- og arbejdsgiverorganisationers aktiviteter (941100)
Bankruptcies in the industry: Andre organisationer og foreninger i.a.n.
Share capital
DKK 40k
Auditor
aage maagensenstatsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-410.3%
Current ratio19%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3.3mDKK 2.2mDKK -712k
Net profitDKK -1.6mDKK -593kDKK -1.4m
EquityDKK -4.4mDKK -2.0mDKK -1.4m
Total assetsDKK 1.1mDKK 2.4mDKK 1.2m
CashDKK 550kDKK 689k–
Short-term debtDKK 5.5mDKK 4.4m–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · aage maagensenstatsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024189 Late
31 Jan 2023 – 31 Dec 2023187 Late

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
CEOKristoffer Carlos LilliedalCurrent
CEOMikkel FriisCurrent
Owner (50%)Kristoffer Carlos LilliedalCurrent
Owner (50%)MF Investment Holding ApSCurrent
FounderKristoffer Carlos LilliedalCurrent
FounderMF Investment Holding ApSCurrent

The CEOs' other companies

Kristoffer Carlos Lilliedal – 1 other companies

Mikkel Friis – 1 other companies

Address history (2 moves)

Australiensvej 35, 1. th, 2100 København Ø
Århusgade 118, 2150 Nordhavn
Ørestads Boulevard 36, 8. 4, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Network Nation ApS

Has Network Nation ApS gone bankrupt?

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

What is the bankruptcy risk of Network Nation ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Network Nation ApS?

Kristoffer Carlos Lilliedal, Mikkel Friis are the CEOs of Network Nation ApS.

Who is the auditor of Network Nation ApS?

Network Nation ApS most recently used aage maagensenstatsautoriseret revisionsaktieselskab.

When was Network Nation ApS founded?

Network Nation ApS was founded on 31 January 2023.

What is the equity of Network Nation ApS?

Equity was DKK -4.4m 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.