Nordicinsulate ApS

CVR 44514753 · Private limited company (ApS) · Active · Medium risk

Nordicinsulate ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry installation af isolering. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 498k and a net result of DKK 439k. CEO: Joen Funder, Oliver Emil Nordentoft.

Bankruptcy risk for Nordicinsulate ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · 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
44514753
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Falkevej 4C
3400 Hillerød
Municipality
Hillerød
Industry
Installation af isolering (432300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Revisionsfirmaet Albrechtsen
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio47.6%
Current ratio191%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK 670k
Net profitDKK 439kDKK 19k
EquityDKK 498kDKK 59k
Total assetsDKK 1.0mDKK 287k
CashDKK 598kDKK 52k
Short-term debtDKK 548kDKK 228k
Tax owedDKK 124kDKK 5,720
Avg. employees22

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Albrechtsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202527
19 Dec 2023 – 31 Dec 2024182

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
CEOJoen FunderCurrent
CEOOliver Emil NordentoftCurrent
Owner (33%)J. Funder Holding ApSCurrent
Owner (33%)Schultz Andersen Holding ApSCurrent
Owner (33%)O. Nordentoft Holding ApSCurrent
Owner (100%)O. Nordentoft Holding ApS
FounderO. Nordentoft Holding ApSCurrent

The CEOs' other companies

Joen Funder – 4 other companies

Address history (1 moves)

Falkevej 4C, 3400 Hillerød
Vølundsvej 6E, 3400 Hillerød

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Nordicinsulate ApS

Has Nordicinsulate ApS gone bankrupt?

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

What is the bankruptcy risk of Nordicinsulate ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Nordicinsulate ApS?

Joen Funder, Oliver Emil Nordentoft are the CEOs of Nordicinsulate ApS.

Who is the auditor of Nordicinsulate ApS?

Nordicinsulate ApS most recently used Revisionsfirmaet Albrechtsen.

When was Nordicinsulate ApS founded?

Nordicinsulate ApS was founded on 19 December 2023.

What is the equity of Nordicinsulate ApS?

Equity was DKK 498k 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.