The Narcissus Project ApS

CVR 44257963 · Private limited company (ApS) · Active · Very high risk

The Narcissus Project ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 34.3% over the next 12 months, which is 24.3 times the average for Danish companies. 2 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 -705k and a net result of DKK -603k.

Bankruptcy risk for The Narcissus Project ApS

34.3%
probability of bankruptcy within 12 months
Very high risk

24.3 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44257963
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Algade 31, 1.
9000 Aalborg
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-121.6%
Current ratio42%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -235kDKK 320k
Net profitDKK -603kDKK -142k
EquityDKK -705kDKK -102k
Total assetsDKK 580kDKK 130k
CashDKK 500k–
Short-term debtDKK 1.3m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
14 Aug 2023 – 31 Dec 2024197 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
CEOPeter Duffy Obel
Owner (100%)Obel & Borup Holding ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderObel & Borup Holding ApSCurrent

The CEOs' other companies

Peter Duffy Obel – 4 other companies

Address history (2 moves)

Algade 31, 1., 9000 Aalborg
Applebys Plads 7, 1411 København K
Sandbjergvej 11, 8220 Brabrand

Former names

The Narcissus Project ApS – now
Plain Technologies ApS –
Plain Danmark ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about The Narcissus Project ApS

Has The Narcissus Project ApS gone bankrupt?

No, The Narcissus Project ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of The Narcissus Project ApS?

Our model estimates a bankruptcy risk of 34.3% over the next 12 months (very high risk), which is 24.3 times the average for Danish companies.

Who is the auditor of The Narcissus Project ApS?

The Narcissus Project ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was The Narcissus Project ApS founded?

The Narcissus Project ApS was founded on 14 August 2023.

What is the equity of The Narcissus Project ApS?

Equity was DKK -705k 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.