Nordic IoT ApS

CVR 45398544 · Private limited company (ApS) · Active · High risk

Nordic IoT ApS is a Private limited company (ApS), founded on , based in Albertslund. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 26k and a net result of DKK -14k. CEO: Shahid Mahmood.

Bankruptcy risk for Nordic IoT ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
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
45398544
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Herstedvang 8
2620 Albertslund
Municipality
Albertslund
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Fidura
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio22.5%
Current ratio129%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address117
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -16k
Net profitDKK -14k
EquityDKK 26k
Total assetsDKK 117k
CashDKK 92k
Short-term debtDKK 91k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
10 Feb 2025 – 31 Dec 2025154

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
CEOShahid MahmoodCurrent
CEOMuhammad Saad Ali
CEOTolgahan Celik
Owner (100%)RSMajesty ApSCurrent
Owner (33%)Executive Holding ApS
Owner (15%)Tolgahan Celik
Owner (33%)RSMajesty ApS
FounderExecutive Holding ApSCurrent
FounderTolgahan CelikCurrent
FounderRSMajesty ApSCurrent

The CEOs' other companies

Muhammad Saad Ali – 3 other companies, of which 2 bankrupt

Tolgahan Celik – 1 other companies

Address history (0 moves)

Herstedvang 8, 2620 Albertslund

Other companies at the same address

Similar companies in Albertslund

Questions and answers about Nordic IoT ApS

Has Nordic IoT ApS gone bankrupt?

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

What is the bankruptcy risk of Nordic IoT ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of Nordic IoT ApS?

Shahid Mahmood is the CEO of Nordic IoT ApS.

Who is the auditor of Nordic IoT ApS?

Nordic IoT ApS most recently used Fidura.

When was Nordic IoT ApS founded?

Nordic IoT ApS was founded on 10 February 2025.

What is the equity of Nordic IoT ApS?

Equity was DKK 26k 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.