NTFINANCE ApS

CVR 71308510 · Private limited company (ApS) · Active · Low risk

NTFINANCE ApS is a Private limited company (ApS), founded on , based in Vedbæk. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK 144.5m and a net result of DKK 28.3m. CEO: Mads Lolk Nortvig, Mikhael Peter Melander Vising-Swartz.

Bankruptcy risk for NTFINANCE ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
71308510
Status
Active
Company type
Private limited company (ApS)
Founded
(43 years)
Address
c/o Mads Lolk Nortvig, Larsensvej 21
2950 Vedbæk
Municipality
Rudersdal
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Pryds Statsautoriseret Revisionsfirma
Audit opted out
No

Warning signs

Annual reports filed late8 of 31
Missing annual reportNo
Negative equityNo
Equity ratio82.0%
Current ratio445%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -506kDKK -208kDKK -209k
Net profitDKK 28.3mDKK -612kDKK 14.1m
EquityDKK 144.5mDKK 122.9mDKK 132.5m
Total assetsDKK 176.2mDKK 140.7mDKK 139.3m
CashDKK 2.6mDKK 533k–
Short-term debtDKK 31.7mDKK 17.8m–
Tax owedDKK 881kDKK 0–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026151
1 May 2024 – 30 Apr 2025163
1 May 2023 – 30 Apr 2024135
1 May 2022 – 30 Apr 2023169
1 May 2021 – 30 Apr 2022170
1 May 2020 – 30 Apr 2021167
1 May 2019 – 30 Apr 2020221 Late
1 May 2018 – 30 Apr 2019163
1 May 2017 – 30 Apr 2018169
1 May 2016 – 30 Apr 2017152
1 May 2015 – 30 Apr 2016167
1 May 2014 – 30 Apr 2015152
1 May 2013 – 30 Apr 2014167
1 May 2012 – 30 Apr 2013169
1 May 2011 – 30 Apr 2012195 Late
1 May 2010 – 30 Apr 2011198 Late
1 May 2009 – 30 Apr 2010171
1 May 2008 – 30 Apr 2009171
1 May 2007 – 30 Apr 2008169
1 May 2006 – 30 Apr 2007174

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
CEOMads Lolk NortvigCurrent
CEOMikhael Peter Melander Vising-SwartzCurrent
CEOEinar Randolph Andersson
CEOBørge Johansen
Owner (50%)Mads Lolk NortvigCurrent
Owner (50%)Mikhael Peter Melander Vising-SwartzCurrent
AuditorPryds Statsautoriseret RevisionsfirmaCurrent
AuditorErling Freddy Kalsgaard
AuditorNiels Christian Olin
AuditorTOLDBODENS REVISION & REGNSKAB, REG. REVISIONSANPARTSSELSKAB

The CEOs' other companies

Mads Lolk Nortvig – 17 other companies, of which 8 bankrupt

Mikhael Peter Melander Vising-Swartz – 36 other companies, of which 13 bankrupt

Einar Randolph Andersson – 1 other companies

Børge Johansen – 1 other companies

Address history (3 moves)

c/o Mads Lolk Nortvig, Larsensvej 21, 2950 Vedbæk
Nørre Voldgade 90, 1358 København K
Østergade 1, 1., 1100 København K
Fredericiagade 57, 1310 København K

Former names

NTFINANCE ApS – now
NT-FINANCE ApS –
NORTLANDER TOURS ApS –
NORTLANDER SKITOURS ApS –
L.V. OPTIK ApS –

Employees per year

Number of employees at NTFINANCE ApS per year7131999: 1319992000: 020002001: 220012012: 020122015: 120152016: 020162017: 020172018: 22018

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about NTFINANCE ApS

Has NTFINANCE ApS gone bankrupt?

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

What is the bankruptcy risk of NTFINANCE ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of NTFINANCE ApS?

Mads Lolk Nortvig, Mikhael Peter Melander Vising-Swartz are the CEOs of NTFINANCE ApS.

Who is the auditor of NTFINANCE ApS?

NTFINANCE ApS most recently used Pryds Statsautoriseret Revisionsfirma.

When was NTFINANCE ApS founded?

NTFINANCE ApS was founded on 29 December 1982.

What is the equity of NTFINANCE ApS?

Equity was DKK 144.5m according to the annual report for the period ending 30 April 2026.

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