GUNNAR KRISTENSEN VVS A/S

CVR 10270278 · Public limited company (A/S) · Active · Low risk

GUNNAR KRISTENSEN VVS A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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 29.1m and a net result of DKK 18.0m. CEO: Jan Elsborg Iversen.

Bankruptcy risk for GUNNAR KRISTENSEN VVS A/S

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

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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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
10270278
Status
Active
Company type
Public limited company (A/S)
Founded
(40 years)
Address
Orebygårdvej 13
7400 Herning
Municipality
Herning
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
86 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio45.6%
Current ratio244%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 110.3mDKK 142.1m
Net profitDKK 18.0mDKK 43.8m
EquityDKK 29.1mDKK 54.8m
Total assetsDKK 63.8mDKK 112.9m
CashDKK 7.7m–
Short-term debtDKK 24.3m–
Avg. employees111–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202562
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202267
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019174
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015102
1 Jan 2014 – 31 Dec 2014127
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006165

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
CEOJan Elsborg IversenCurrent
CEOFrank Pedersen
CEOJens Kristian Olesen
BoardHenrik Thuesen RasmussenCurrent
BoardPeter FrandsenCurrent
BoardHenrik Erland ClausenCurrent
BoardBruno Schmidt Madsen
BoardJørgen Quade Andersen
BoardFrank Pedersen
BoardJens Kristian Olesen
BoardJan Elsborg Iversen
BoardChristian Østergaard
BoardMorten Mølgaard Thomsen
BoardBjarne Vang Lauridsen
BoardTorben Jessen
Owner (100%)InstallatørGruppen Danmark ApSCurrent
Owner (50%)J.K.O. INVEST ApS
Owner (50%)J.E.I. INVEST ApS
Owner (25%)J.K.O. INVEST ApS
Owner (15%)M.T.B.V.L. Invest ApS
Owner (25%)M.T.B.V.L. Invest ApS
Owner (25%)M.T. Herning Invest ApS
Owner (25%)B.V.L. Invest ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorV.C. & J.P. HERNING A/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBLICHER REVISION & RÅDGIVNING STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBruno Schmidt MadsenCurrent
FounderFrank PedersenCurrent
FounderJens Kristian OlesenCurrent

The CEOs' other companies

Jan Elsborg Iversen – 4 other companies

Frank Pedersen – 5 other companies

Jens Kristian Olesen – 5 other companies

Address history (1 moves)

Orebygårdvej 13, 7400 Herning
Viborgvej 77, 7400 Herning

Employees per year

Number of employees at GUNNAR KRISTENSEN VVS A/S per year43862011: 6220112012: 6420122013: 5420132014: 5820142015: 6220152016: 6220162017: 6420172018: 862018

Other companies at the same address

Similar companies in Herning

Questions and answers about GUNNAR KRISTENSEN VVS A/S

Has GUNNAR KRISTENSEN VVS A/S gone bankrupt?

No, GUNNAR KRISTENSEN VVS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GUNNAR KRISTENSEN VVS 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 GUNNAR KRISTENSEN VVS A/S?

Jan Elsborg Iversen is the CEO of GUNNAR KRISTENSEN VVS A/S.

Who is the auditor of GUNNAR KRISTENSEN VVS A/S?

GUNNAR KRISTENSEN VVS A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was GUNNAR KRISTENSEN VVS A/S founded?

GUNNAR KRISTENSEN VVS A/S was founded on 2 July 1986.

What is the equity of GUNNAR KRISTENSEN VVS A/S?

Equity was DKK 29.1m 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.