Nordic Software Developers ApS

CVR 44803453 · Private limited company (ApS) · Active · Medium risk

Nordic Software Developers ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 168k and a net result of DKK -195k. CEO: Sten Bille Madsen.

Bankruptcy risk for Nordic Software Developers ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%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 ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
44803453
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Østervang 16
2800 Kongens Lyngby
Municipality
Gladsaxe
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio56.8%
Current ratio192%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -239kDKK 416k
Net profitDKK -195kDKK 323k
EquityDKK 168kDKK 363k
Total assetsDKK 296kDKK 518k
CashDKK 14kDKK 11k
Short-term debtDKK 128kDKK 155k
Tax owedDKK 0DKK 92k
Avg. employees10

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jun 2024 – 31 Dec 202472

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
CEOSten Bille MadsenCurrent
Owner (100%)Danish Software Developers ApSCurrent
FounderDanish Software Developers ApSCurrent

The CEOs' other companies

Sten Bille Madsen – 4 other companies

Address history (0 moves)

Østervang 16, 2800 Kongens Lyngby

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Nordic Software Developers ApS

Has Nordic Software Developers ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic Software Developers ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Nordic Software Developers ApS?

Sten Bille Madsen is the CEO of Nordic Software Developers ApS.

When was Nordic Software Developers ApS founded?

Nordic Software Developers ApS was founded on 24 April 2024.

What is the equity of Nordic Software Developers ApS?

Equity was DKK 168k 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.