VG Nørretorp, Herning A/S

CVR 45320375 · Public limited company (A/S) · Active · Low risk

VG Nørretorp, Herning A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 15.8m and a net result of DKK 801k. CEO: Martin Schubert.

Bankruptcy risk for VG Nørretorp, Herning A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×
Registered owners4+ · bankruptcy rate 5.7%0.65×

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
45320375
Status
Active
Company type
Public limited company (A/S)
Founded
(1 years)
Address
Enghavevej 40
7100 Vejle
Municipality
Vejle
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 15.0m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio33.0%
Current ratio123%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address64
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
RevenueDKK 1.3m
Gross profitDKK 974k
Net profitDKK 801k
EquityDKK 15.8m
Total assetsDKK 47.9m
CashDKK 2.2m
Short-term debtDKK 1.9m
Tax owedDKK 111k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
10 Jan 2025 – 31 Dec 2025110

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
CEOMartin SchubertCurrent
CEOMorten Elgaard Bak
CEOSteen Sandgaard
BoardSøren Ebert HansenCurrent
BoardJohnny Aaskov BendtsenCurrent
BoardPeter Thorup RasmussenCurrent
BoardOle Madsen
BoardSteen Sandgaard
BoardClaus Rosendahl Rasmussen
Owner (5%)MORTEN GADE HOLDING ApSCurrent
Owner (10%)MWT HOLDING ApSCurrent
Owner (10%)CLAYHILL HOLDING ApSCurrent
Owner (5%)BJERREGAARD & THORUP ApSCurrent
Owner (5%)A.K. SKARBY HOLDING ApSCurrent
Owner (5%)Rebæk Invest ApsCurrent
Owner (10%)L Nielsen Invest ApSCurrent
Owner (10%)Holdingselskabet af 14.11.2016 ApSCurrent
Owner (5%)MS. Meldgaard ApSCurrent
Owner (5%)JTGLUD Holding ApSCurrent
Owner (10%)A&C Invest ApSCurrent
Owner (5%)Nifirm LimitedCurrent
Owner (5%)MOF7813 ApSCurrent
Owner (10%)VG Nørretorp, Herning A/SCurrent
Owner (100%)OC Danmark Invest ApS
Owner (5%)VINDING GRUPPEN A/S
Owner (10%)Fink Projekter ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderVINDING GRUPPEN A/SCurrent

The CEOs' other companies

Martin Schubert – 15 other companies

Morten Elgaard Bak – 11 other companies

Steen Sandgaard – 51 other companies, of which 1 bankrupt

Address history (1 moves)

Enghavevej 40, 7100 Vejle
Vindingvej 2A, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about VG Nørretorp, Herning A/S

Has VG Nørretorp, Herning A/S gone bankrupt?

No, VG Nørretorp, Herning A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VG Nørretorp, Herning A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of VG Nørretorp, Herning A/S?

Martin Schubert is the CEO of VG Nørretorp, Herning A/S.

Who is the auditor of VG Nørretorp, Herning A/S?

VG Nørretorp, Herning A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VG Nørretorp, Herning A/S founded?

VG Nørretorp, Herning A/S was founded on 10 January 2025.

What is the equity of VG Nørretorp, Herning A/S?

Equity was DKK 15.8m 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.