North Textile ApS

CVR 44304430 · Private limited company (ApS) · Active · High risk

North Textile ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -240k and a net result of DKK -179k. CEO: Jess Magnussen.

Bankruptcy risk for North Textile ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
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
44304430
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Jess Magnussen, Nørregade 46
8660 Skanderborg
Municipality
Skanderborg
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Revisions-Partner I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-133.9%
Current ratio39%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -170kDKK -114kDKK -4,720
Net profitDKK -179kDKK -96kDKK -5,905
EquityDKK -240kDKK -61kDKK 34k
Total assetsDKK 180kDKK 159kDKK 61k
CashDKK 101DKK 101DKK 43k
Short-term debtDKK 420kDKK 221kDKK 27k
Tax owedDKK 0DKK 22DKK 22
Avg. employees101

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026104
14 Sep 2023 – 30 Nov 202493

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
CEOJess MagnussenCurrent
CEOMads Rahbek Thuesen
BoardJess Magnussen
Owner (67%)Trekløver Holding ApSCurrent
Owner (20%)Stefan Michael Günter JahreisCurrent
Owner (50%)Mads Rahbek Thuesen
Owner (50%)Trekløver Holding ApS
Owner (100%)Trekløver Holding ApS
FounderMads Rahbek ThuesenCurrent
FounderTrekløver Holding ApSCurrent

The CEOs' other companies

Jess Magnussen – 4 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Jess Magnussen, Nørregade 46, 8660 Skanderborg
Nørregade 46, 8660 Skanderborg

Former names

North Textile ApS – now
Rahbek // Magnussen ApS –

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about North Textile ApS

Has North Textile ApS gone bankrupt?

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

What is the bankruptcy risk of North Textile ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of North Textile ApS?

Jess Magnussen is the CEO of North Textile ApS.

Who is the auditor of North Textile ApS?

North Textile ApS most recently used Revisions-Partner I/S.

When was North Textile ApS founded?

North Textile ApS was founded on 14 September 2023.

What is the equity of North Textile ApS?

Equity was DKK -240k according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.