NORTHERN ATLANTIC FINANCE ApS

CVR 87806715 · Private limited company (ApS) · Active · Low risk

NORTHERN ATLANTIC FINANCE ApS is a Private limited company (ApS), founded on 6 April 1978, based in Aalborg Øst. The company is registered in the industry ikke-finansielle holdingselskaber. 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 20.1m and a net result of DKK -675k. CEO: Poul Jørgen Nielsen, Ole Nielsen.

Bankruptcy risk for NORTHERN ATLANTIC FINANCE ApS

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

Loss for the yearYes · bankruptcy rate 10.3%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×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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: 87806715
Status: Active
Company type: Private limited company (ApS)
Founded: 6 April 1978 (48 years)
Address: c/o Arctic Import A/S, Ankeret 5A, 1.
9220 Aalborg Øst
Municipality: Aalborg
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 600k
Employees: 0 (2001)
Auditor: EY Godkendt Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	5 of 31
Missing annual report	No
Negative equity	No
Equity ratio	60.6%
Current ratio	32%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	14
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -29k	DKK -37k
Net profit	DKK -675k	DKK 2.5m
Equity	DKK 20.1m	DKK 20.8m
Total assets	DKK 33.2m	DKK 42.8m
Cash	DKK 182k	–
Short-term debt	DKK 12.4m	–
Avg. employees	0	–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	27 Mar 2026	86
1 Jan 2024 – 31 Dec 2024	4 Apr 2025	94
1 Jan 2023 – 31 Dec 2023	22 Mar 2024	82
1 Jan 2022 – 31 Dec 2022	31 Mar 2023	90
1 Jan 2021 – 31 Dec 2021	12 Apr 2022	102
1 Jan 2020 – 31 Dec 2020	14 Apr 2021	104
1 Jan 2019 – 31 Dec 2019	29 May 2020	150
1 Jan 2018 – 31 Dec 2018	30 Apr 2019	120
1 Jan 2017 – 31 Dec 2017	4 Jun 2018	155
1 Jan 2016 – 31 Dec 2016	4 May 2017	124
1 Jan 2015 – 31 Dec 2015	19 Apr 2016	110
1 Jan 2014 – 31 Dec 2014	13 Apr 2015	103
1 Jan 2013 – 31 Dec 2013	1 Jun 2014	152
1 Jan 2012 – 31 Dec 2012	17 May 2013	137
1 Jan 2011 – 31 Dec 2011	9 Apr 2012	100
1 Jan 2010 – 31 Dec 2010	31 May 2011	151
1 Jan 2009 – 31 Dec 2009	27 May 2010	147
1 Jan 2008 – 31 Dec 2008	4 Jun 2009	155
1 Jan 2007 – 31 Dec 2007	2 Jun 2008	154
1 Jan 2006 – 31 Dec 2006	13 Jun 2007	164

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

Role	Name	From	To
CEO	Poul Jørgen Nielsen	6 Apr 1978	Current
CEO	Ole Nielsen	30 Oct 1997	Current
CEO	John Kastberg Christensen	6 Apr 1978	10 Oct 1994
Board	Kristian Nielsen	2 Jun 2020	Current
Board	Ole Nielsen	30 Mar 2023	Current
Board	Evan Villum Christensen	30 Mar 2023	Current
Board	Jakob Skjoldan	6 Apr 1978	27 Sep 1988
Board	Ole Horsfeldt	6 Apr 1978	30 Oct 1997
Board	John Kastberg Christensen	6 Apr 1978	13 May 1991
Board	Poul Jørgen Nielsen	6 Apr 1978	30 Oct 1997
Board	Ole Nielsen	30 Oct 1997	30 Oct 1997
Board	Stig Bøgh Karlsen	2 Jun 2020	30 Mar 2023
Owner (100%)	Northern Atlantic Finance Holding ApS	9 Dec 2024	Current
Owner (100%)	ARCTIC HOLDING ApS	30 Oct 1997	1 Jan 2019
Owner (100%)	ARCTIC IMPORT HOLDING ApS	1 Jan 2019	9 Dec 2024
Auditor	EY Godkendt Revisionspartnerselskab	7 Jan 2015	Current
Auditor	PRICEWATERHOUSECOOPERS GRØNLAND A/S	6 Apr 1978	10 Sep 1993
Auditor	PRICEWATERHOUSECOOPERS GRØNLAND A/S	10 Sep 1993	31 May 1999
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB	31 May 1999	1 Jul 2011
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jul 2011	7 Jan 2015

The CEOs' other companies

Poul Jørgen Nielsen – 35 other companies, of which 2 bankrupt

CAFE NARSAQ ApS Bankrupt 8 Feb 2005
GLOBAL SUPPLY AND TRADING FINANCE ApS Bankrupt 20 Jan 2015
AG NR. 1 A/S Fusioneret
ARCTIC GROUP A/S Fusioneret
ARCTIC HOLDING ApS Fusioneret
ARCTIC IMPORT A/S Active
ARCTIC IMPORT AALBORG ApS Fusioneret
ARCTIC IMPORT HOLDING ApS Active
ARCTIC IMPORT NORDHAVNEN A/S Fusioneret
ASX MB 53 ApS Opløst
Arctic Import Disko ApS Fusioneret
Arctic Import Kalaallit Nunaat A/S Active
Arctic Import Nordhavnen A/S Active
Aslan Aalborg ApS Opløst
BAHIA INVEST ApS Active
BUTIK JOPE OG NIVI ApS Fusioneret
BUTIK NATALIE AF 2008 ApS Active
Bahia Holding, Aalborg ApS Fusioneret
EJENDOMMEN STENHOLM 9 ApS Fusioneret
Fælles Holding Aalborg ApS Fusioneret
GLOBAL SUPPLY AND TRADING ASIA ApS Fusioneret
HOLDINGSELSKABET AF 7/11 2002 A/S Compulsorily dissolved
House of Arctic ApS Opløst
ILULISSAT CENTER MARKED ApS Fusioneret
MIGONE A/S Opløst
MILLEX EJENDOMME A/S Opløst
NORTHERN ATLANTIC HOLDING ApS Fusioneret
NY INVEST ApS Fusioneret
Northern Atlantic Finance Holding ApS Active
PJN ApS Active

Ole Nielsen – 34 other companies, of which 2 bankrupt

CAFE NARSAQ ApS Bankrupt 8 Feb 2005
GLOBAL SUPPLY AND TRADING FINANCE ApS Bankrupt 20 Jan 2015
AG NR. 1 A/S Fusioneret
ARCTIC GROUP A/S Fusioneret
ARCTIC HOLDING ApS Fusioneret
ARCTIC IMPORT A/S Active
ARCTIC IMPORT AALBORG ApS Fusioneret
ARCTIC IMPORT HOLDING ApS Active
ARCTIC IMPORT NORDHAVNEN A/S Fusioneret
ARCTIC INVEST GRØNLAND ApS Fusioneret
Arctic Import Disko ApS Fusioneret
Arctic Import Kalaallit Nunaat A/S Active
Arctic Import Nordhavnen A/S Active
Aslan Aalborg ApS Opløst
BUTIK JOPE OG NIVI ApS Fusioneret
BUTIK NATALIE AF 2008 ApS Active
EJENDOMMEN STENHOLM 9 ApS Fusioneret
GLOBAL SUPPLY AND TRADING ASIA ApS Fusioneret
GLOBAL SUPPLY AND TRADING EAST AFRICA ApS Fusioneret
HOLDINGSELSKABET AF 7/11 2002 A/S Compulsorily dissolved
House of Arctic ApS Opløst
ILULISSAT CENTER MARKED ApS Fusioneret
KONPAP GRØNLAND ApS Fusioneret
MILLEX EJENDOMME A/S Opløst
NORTHERN ATLANTIC HOLDING ApS Fusioneret
NY INVEST ApS Fusioneret
Northern Atlantic Finance Holding ApS Active
ON ApS Active
ON INVEST AALBORG ApS Active
ON NY HOLDING ApS Fusioneret

John Kastberg Christensen – 8 other companies, of which 1 bankrupt

Address history (2 moves)

31 Mar 2023	c/o Arctic Import A/S, Ankeret 5A, 1., 9220 Aalborg Øst
6 Mar 2012	Langerak 17, 9220 Aalborg Øst
6 Apr 1978	c/o Artic Import A/S, Tagholm 12, 9400 Nørresundby

Former names

NORTHERN ATLANTIC FINANCE ApS	4 Feb 1995 – now
ARCTIC IMPORT GRØNLAND A/S	14 May 1991 – 3 Feb 1995
ARCTIC IMPORT NUUK A/S	5 Nov 1987 – 13 May 1991
ARCTIC IMPORT NUUK ApS	6 Apr 1978 – 4 Nov 1987

Employees per year

Other companies at the same address

ARCTIC GROUP A/S Fusioneret
ARCTIC HOLDING ApS Fusioneret
ARCTIC IMPORT A/S Active
ARCTIC IMPORT HOLDING ApS Active
BAHIA INVEST ApS Active
House of Arctic ApS Opløst
M. Nielsen Vadum ApS Active
Northern Atlantic Finance Holding ApS Active
ON ApS Active
ON INVEST AALBORG ApS Active
PJN ApS Active
PJN INVEST ApS Active
PJON Leasing ApS Opløst
ProCon Wind Energy A/S Active

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E.K.C. HOLDING ApS Svenstrup J
TIKA HOLDING A/S Aalborg
NØVLING MASKINSTATION A/S Gistrup
FLINDT BJERG & ARNDT NIELSEN ApS Kongerslev
N.S. HANDEL ApS Aalborg
ASX 3411 ApS Aalborg SØ
BRDR. SVENDSEN HOLDING ApS Kongerslev
LARS KRULL HOLDING A/S Aalborg
T.Å.J. INVEST ApS Aalborg
Nels Klit Holding ApS Aalborg

Questions and answers about NORTHERN ATLANTIC FINANCE ApS

Has NORTHERN ATLANTIC FINANCE ApS gone bankrupt?

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

What is the bankruptcy risk of NORTHERN ATLANTIC FINANCE 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 NORTHERN ATLANTIC FINANCE ApS?

Poul Jørgen Nielsen, Ole Nielsen are the CEOs of NORTHERN ATLANTIC FINANCE ApS.

Who is the auditor of NORTHERN ATLANTIC FINANCE ApS?

NORTHERN ATLANTIC FINANCE ApS most recently used EY Godkendt Revisionspartnerselskab.

When was NORTHERN ATLANTIC FINANCE ApS founded?

NORTHERN ATLANTIC FINANCE ApS was founded on 6 April 1978.

What is the equity of NORTHERN ATLANTIC FINANCE ApS?

Equity was DKK 20.1m 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.