Northern Group ApS

CVR 45598322 · Private limited company (ApS) · Active · Medium risk

Northern Group ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 20k and a net result of DKK 0. CEO: Sarband Machi.

Bankruptcy risk for Northern Group ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
45598322
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Vindinggård Ringvej 1
7100 Vejle
Municipality
Vejle
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address35
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 0
Net profitDKK 0
EquityDKK 20k
Total assetsDKK 20k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
9 May 2025 – 31 Dec 2025180

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
CEOSarband MachiCurrent
CEOVinish Nagar
Owner (100%)Sarband MachiCurrent
Owner (100%)Vinish Nagar
FounderVinish NagarCurrent

The CEOs' other companies

Sarband Machi – 6 other companies, of which 1 bankrupt

Address history (2 moves)

Vindinggård Ringvej 1, 7100 Vejle
Hældagervej 73, st. tv, 7120 Vejle Øst
Bleggaardsgade 46A, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about Northern Group ApS

Has Northern Group ApS gone bankrupt?

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

What is the bankruptcy risk of Northern Group ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Northern Group ApS?

Sarband Machi is the CEO of Northern Group ApS.

When was Northern Group ApS founded?

Northern Group ApS was founded on 9 May 2025.

What is the equity of Northern Group ApS?

Equity was DKK 20k 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.