Nøvling Autoværksted ApS

CVR 44070634 · Private limited company (ApS) · Active · Low risk

Nøvling Autoværksted ApS is a Private limited company (ApS), founded on , based in Vildbjerg. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 1.5m and a net result of DKK 593k. CEO: Martin Kjærgaard Hvergel, Thomas Sigh Nielsen.

Bankruptcy risk for Nøvling Autoværksted ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
44070634
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Skråningen 2
7480 Vildbjerg
Municipality
Herning
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio46.9%
Current ratio195%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.1mDKK 3.9m
Net profitDKK 593kDKK 811k
EquityDKK 1.5mDKK 891k
Total assetsDKK 3.2mDKK 3.1m
CashDKK 1.7m–
Short-term debtDKK 1.3m–
Tax owedDKK 163k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202577
23 May 2023 – 30 Sep 202458

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
CEOMartin Kjærgaard HvergelCurrent
CEOThomas Sigh NielsenCurrent
Owner (50%)TS Invest Herning ApSCurrent
Owner (50%)Martin Hvergel Holding ApSCurrent
FounderTS Invest Herning ApSCurrent
FounderMartin Hvergel Holding ApSCurrent

The CEOs' other companies

Martin Kjærgaard Hvergel – 1 other companies

Thomas Sigh Nielsen – 1 other companies

Address history (1 moves)

Skråningen 2, 7480 Vildbjerg
Bassumgårdvej 15, 7400 Herning

Similar companies in Herning

Questions and answers about Nøvling Autoværksted ApS

Has Nøvling Autoværksted ApS gone bankrupt?

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

What is the bankruptcy risk of Nøvling Autoværksted ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Nøvling Autoværksted ApS?

Martin Kjærgaard Hvergel, Thomas Sigh Nielsen are the CEOs of Nøvling Autoværksted ApS.

Who is the auditor of Nøvling Autoværksted ApS?

Nøvling Autoværksted ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was Nøvling Autoværksted ApS founded?

Nøvling Autoværksted ApS was founded on 23 May 2023.

What is the equity of Nøvling Autoværksted ApS?

Equity was DKK 1.5m 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.