AV DISTRIBUTION A/S

CVR 10003423 · Public limited company (A/S) · Active · Low risk

AV DISTRIBUTION A/S is a Public limited company (A/S), founded on , based in Sørvad. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 7.2m and a net result of DKK 495k. CEO: Evald Nørtoft.

Bankruptcy risk for AV DISTRIBUTION A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
10003423
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Møllevangen 14
7550 Sørvad
Municipality
Herning
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
16 (2018)
Auditor
ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 26
Missing annual reportNo
Negative equityNo
Equity ratio38.7%
Current ratio153%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 4.2m
Net profitDKK 495kDKK 582k
EquityDKK 7.2mDKK 7.3m
Total assetsDKK 18.7mDKK 23.1m
CashDKK 1.2m–
Short-term debtDKK 11.4m–
Tax owedDKK 151k–
Avg. employees16–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 202588
1 Nov 2023 – 31 Oct 2024127
1 Nov 2022 – 31 Oct 2023105
1 Nov 2021 – 31 Oct 202250
1 Nov 2020 – 31 Oct 202150
1 Nov 2019 – 31 Oct 202073
1 Nov 2018 – 31 Oct 2019151
1 Nov 2017 – 31 Oct 201851
1 Nov 2016 – 31 Oct 2017127
1 Nov 2015 – 31 Oct 2016138
1 Nov 2014 – 31 Oct 2015123
1 Nov 2013 – 31 Oct 2014146
1 Nov 2012 – 31 Oct 2013104
1 Nov 2011 – 31 Oct 2012123
1 Nov 2010 – 31 Oct 201173
1 Nov 2009 – 31 Oct 2010122
1 Nov 2008 – 31 Oct 200951
1 Nov 2007 – 31 Oct 200890
1 Nov 2006 – 31 Oct 2007117
1 Nov 2005 – 31 Oct 2006120

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
CEOEvald NørtoftCurrent
CEOJens Christian Nørtoft Bækgaard
BoardEvald NørtoftCurrent
BoardAnders SecherCurrent
BoardCamilla Hagen HelligsøeCurrent
BoardJens Christian Nørtoft Bækgaard
BoardLisbeth Bækgaard
BoardRandi Winther Nørtoft
BoardKim Langballe Andersen
Owner (100%)E.N.HOLDING HOLSTEBRO ApSCurrent
Owner (50%)E.N.HOLDING HOLSTEBRO ApS
Owner (50%)HORIZON HOLDING ApS
AuditorANKER HØST REGISTRERET REVISIONSAKTIESELSKABCurrent
Auditor09.08.1952 ApS
AuditorAH INVEST, HERNING A/S
FounderEvald NørtoftCurrent
FounderJens Christian Nørtoft BækgaardCurrent

The CEOs' other companies

Evald Nørtoft – 5 other companies

Jens Christian Nørtoft Bækgaard – 7 other companies

Address history (3 moves)

Møllevangen 14, 7550 Sørvad
Møllevangen 14A, 7550 Sørvad
Mads Bjerres Vej 5, 7500 Holstebro
Lemvigvej 24, 7500 Holstebro

Former names

AV DISTRIBUTION A/S – now
AV DISTRIBUTION ApS –

Employees per year

Number of employees at AV DISTRIBUTION A/S per year12242011: 1420112012: 2320122013: 2120132014: 2320142015: 2420152016: 2020162017: 1520172018: 162018

Other companies at the same address

Similar companies in Herning

Questions and answers about AV DISTRIBUTION A/S

Has AV DISTRIBUTION A/S gone bankrupt?

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

What is the bankruptcy risk of AV DISTRIBUTION A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of AV DISTRIBUTION A/S?

Evald Nørtoft is the CEO of AV DISTRIBUTION A/S.

Who is the auditor of AV DISTRIBUTION A/S?

AV DISTRIBUTION A/S most recently used ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB.

When was AV DISTRIBUTION A/S founded?

AV DISTRIBUTION A/S was founded on 3 October 1999.

What is the equity of AV DISTRIBUTION A/S?

Equity was DKK 7.2m according to the annual report for the period ending 31 October 2025.

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