NØRVO SPORTSNET A/S

CVR 87008428 · Public limited company (A/S) · Active · Low risk

NØRVO SPORTSNET A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry fremstilling af sportsudstyr. 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. The latest annual report (31 Dec 2025) shows equity of DKK 3.6m and a net result of DKK 197k. CEO: Charles Mikael Mortensen.

Bankruptcy risk for NØRVO SPORTSNET A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
87008428
Status
Active
Company type
Public limited company (A/S)
Founded
(47 years)
Address
Toosholmvej 9
7700 Thisted
Municipality
Thisted
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 500k
Employees
11 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio58.5%
Current ratio210%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.4mDKK 3.4m
Net profitDKK 197kDKK 271k
EquityDKK 3.6mDKK 3.4m
Total assetsDKK 6.1mDKK 6.3m
CashDKK 110k–
Short-term debtDKK 2.0m–
Tax owedDKK 40k–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 202476
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 2022117
1 Jan 2021 – 31 Dec 2021155
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019176
1 Jan 2018 – 31 Dec 201871
1 Jan 2017 – 31 Dec 201798
1 Jan 2016 – 31 Dec 201683
1 Jan 2015 – 31 Dec 2015106
1 Jan 2014 – 31 Dec 2014125
1 Jan 2013 – 31 Dec 2013119
1 Jan 2012 – 31 Dec 2012142
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009130
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 200798
1 Jan 2006 – 31 Dec 2006151

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
CEOCharles Mikael MortensenCurrent
CEOBørge Madsen
CEOSvend Mortensen
BoardCarsten LyngsCurrent
BoardCharles Mikael MortensenCurrent
BoardKurt Schelle PoulsenCurrent
BoardUffe Berg Pedersen
BoardBørge Madsen
BoardNiels Peter Christensen
BoardSvend Mortensen
BoardGitte Mortensen
BoardMette Skjoldahl
Owner (100%)NØRVO HOLDING A/SCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorSYDTHY REVISIONSKONTOR I/S
AuditorRevisionsfirmaet Center- Revision
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S

The CEOs' other companies

Charles Mikael Mortensen – 1 other companies

Børge Madsen – 18 other companies, of which 6 bankrupt

Svend Mortensen – 1 other companies

Address history (0 moves)

Toosholmvej 9, 7700 Thisted

Employees per year

Number of employees at NØRVO SPORTSNET A/S per year6112011: 720112012: 920122013: 920132014: 920142015: 1020152016: 920162017: 1020172018: 112018

Other companies at the same address

Similar companies in Thisted

Questions and answers about NØRVO SPORTSNET A/S

Has NØRVO SPORTSNET A/S gone bankrupt?

No, NØRVO SPORTSNET A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NØRVO SPORTSNET A/S?

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 NØRVO SPORTSNET A/S?

Charles Mikael Mortensen is the CEO of NØRVO SPORTSNET A/S.

Who is the auditor of NØRVO SPORTSNET A/S?

NØRVO SPORTSNET A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was NØRVO SPORTSNET A/S founded?

NØRVO SPORTSNET A/S was founded on 1 August 1979.

What is the equity of NØRVO SPORTSNET A/S?

Equity was DKK 3.6m 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.