North Ethic ApS

CVR 46099672 · Private limited company (ApS) · Active · Very high risk

North Ethic ApS is a Private limited company (ApS), founded on , based in Højbjerg. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 times the average for Danish companies. CEO: Tonny Glismand.

Bankruptcy risk for North Ethic ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Published annual reports0 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)< 1 yrs · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

RegionMidtjylland · bankruptcy rate 6.9%0.79×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
46099672
Status
Active
Company type
Private limited company (ApS)
Founded
(0 years)
Address
Emiliedalsvej 181
8270 Højbjerg
Municipality
Aarhus
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 0
Missing annual reportNo
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Management, owners and auditor

RoleNameFromTo
CEOTonny GlismandCurrent
CEOTorben Bloksgaard
Owner (100%)Tonny GlismandCurrent
Owner (100%)Bloksgaard Holding ApS
FounderBloksgaard Holding ApSCurrent

The CEOs' other companies

Tonny Glismand – 2 other companies

Torben Bloksgaard – 3 other companies

Address history (0 moves)

Emiliedalsvej 181, 8270 Højbjerg

Other companies at the same address

Similar companies in Aarhus

Questions and answers about North Ethic ApS

Has North Ethic ApS gone bankrupt?

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

What is the bankruptcy risk of North Ethic ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

Who is the CEO of North Ethic ApS?

Tonny Glismand is the CEO of North Ethic ApS.

When was North Ethic ApS founded?

North Ethic ApS was founded on 11 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.