North Projects ApS

CVR 44179180 · Private limited company (ApS) · Active · Low risk

North Projects ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 348k and a net result of DKK -19k. CEO: Simon Thomas Gerling.

Bankruptcy risk for North Projects ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% 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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
44179180
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Gerling, Øresundsvej 138K
2300 København S
Municipality
København
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 400k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio89.7%
Current ratio94%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -15kDKK -30k
Net profitDKK -19kDKK -33k
EquityDKK 348kDKK 327k
Total assetsDKK 388kDKK 367k
CashDKK 36kDKK 14k
Short-term debtDKK 40kDKK 40k
Avg. employees–0

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 2025142
10 Jul 2023 – 31 Dec 2024177

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
CEOSimon Thomas GerlingCurrent
Owner (100%)Simon Thomas GerlingCurrent
FounderSimon Thomas GerlingCurrent

The CEOs' other companies

Simon Thomas Gerling – 1 other companies

Address history (2 moves)

c/o Gerling, Øresundsvej 138K, 2300 København S
c/o Simon Gerling, Øresundsvej 138K, 2300 København S
Ålandsgade 2, 1. tv, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about North Projects ApS

Has North Projects ApS gone bankrupt?

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

What is the bankruptcy risk of North Projects ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of North Projects ApS?

Simon Thomas Gerling is the CEO of North Projects ApS.

When was North Projects ApS founded?

North Projects ApS was founded on 10 July 2023.

What is the equity of North Projects ApS?

Equity was DKK 348k 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.