Normark VanguardAI Holding ApS

CVR 44717921 · Private limited company (ApS) · Active · Low risk

Normark VanguardAI 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 0.2% over the next 12 months, which is 0.2 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 67k and a net result of DKK -1.8m. CEO: Mikkel Normark.

Bankruptcy risk for Normark VanguardAI Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Capital changes1 · bankruptcy rate 7.0%0.80×
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
44717921
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 50k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio56.7%
Current ratio231%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address82
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -28kDKK -195k
Net profitDKK -1.8mDKK -180k
EquityDKK 67kDKK 1.9m
Total assetsDKK 118kDKK 1.9m
CashDKK 351DKK 26k
Short-term debtDKK 51kDKK 13k
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
22 Mar 2024 – 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 (100%)Normark Holdings ApSCurrent
Owner (100%)Normark Defence ApS
Owner (67%)Normark Defence ApS
Owner (20%)Lundgreens Invest - High Tech Defence Fond A/S
Owner (20%)Normark Holdings 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

Other companies at the same address

Similar companies in København

Questions and answers about Normark VanguardAI Holding ApS

Has Normark VanguardAI Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Normark VanguardAI Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Normark VanguardAI Holding ApS?

Mikkel Normark is the CEO of Normark VanguardAI Holding ApS.

Who is the auditor of Normark VanguardAI Holding ApS?

Normark VanguardAI Holding ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Normark VanguardAI Holding ApS founded?

Normark VanguardAI Holding ApS was founded on 22 March 2024.

What is the equity of Normark VanguardAI Holding ApS?

Equity was DKK 67k 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.