Normark HydroShield Holding ApS

CVR 44500078 · Private limited company (ApS) · Active · Low risk

Normark HydroShield Holding ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 230k and a net result of DKK -2.3m. CEO: Mikkel Normark.

Bankruptcy risk for Normark HydroShield Holding ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
44500078
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Store Kongensgade 81A, 1.
1264 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 67k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio45.6%
Current ratio184%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address82
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -204kDKK -534k
Net profitDKK -2.3mDKK -500k
EquityDKK 230kDKK 2.6m
Total assetsDKK 505kDKK 2.8m
CashDKK 127–
Short-term debtDKK 275k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
14 Dec 2023 – 31 Dec 2024185 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
CEOMikkel NormarkCurrent
Owner (67%)Normark Defence ApSCurrent
Owner (25%)Lundgreens Invest - High Tech Defence Fond A/SCurrent
Owner (100%)Normark Defence ApS
FounderNormark Defence ApSCurrent

The CEOs' other companies

Mikkel Normark – 29 other companies

Address history (1 moves)

Store Kongensgade 81A, 1., 1264 København K
Toldboden 3, 2. d, 8800 Viborg

Former names

Normark HydroShield Holding ApS – now
Normark PowerElectronics Holding ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Normark HydroShield Holding ApS

Has Normark HydroShield Holding ApS gone bankrupt?

No, Normark HydroShield Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Normark HydroShield Holding ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Normark HydroShield Holding ApS?

Mikkel Normark is the CEO of Normark HydroShield Holding ApS.

Who is the auditor of Normark HydroShield Holding ApS?

Normark HydroShield Holding ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Normark HydroShield Holding ApS founded?

Normark HydroShield Holding ApS was founded on 14 December 2023.

What is the equity of Normark HydroShield Holding ApS?

Equity was DKK 230k 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.