ELM, KRAGELUND A/S

CVR 11477607 · Public limited company (A/S) · Active · Low risk

ELM, KRAGELUND A/S is a Public limited company (A/S), founded on , based in Løsning. The company is registered in the industry fremstilling af løfte- og håndteringsudstyr. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 97.2m and a net result of DKK 41.8m. CEO: Michael Lund Hansen.

Bankruptcy risk for ELM, KRAGELUND 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×

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
11477607
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Herredsvej 19
8723 Løsning
Municipality
Hedensted
Industry
Fremstilling af løfte- og håndteringsudstyr (282200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 3.8m
Employees
109 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio68.5%
Current ratio361%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 132.1mDKK 138.6mDKK 118.5m
Net profitDKK 41.8mDKK 45.9mDKK 34.1m
EquityDKK 97.2mDKK 89.8mDKK 69.5m
Total assetsDKK 141.9mDKK 134.3mDKK 118.7m
CashDKK 21kDKK 62k–
Short-term debtDKK 31.3mDKK 27.7m–
Tax owedDKK 12.8mDKK 10.7m–
Avg. employees189208–

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 2025176
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023173
1 Nov 2021 – 31 Dec 2022185 Late
1 Nov 2020 – 31 Oct 202175
1 Nov 2019 – 31 Oct 202089
1 Nov 2018 – 31 Oct 201998
1 Nov 2017 – 31 Oct 201875
1 Nov 2016 – 31 Oct 2017143
1 Nov 2015 – 31 Oct 201646
1 Nov 2014 – 31 Oct 201545
1 Nov 2013 – 31 Oct 2014150
1 Nov 2012 – 31 Oct 2013151
1 Nov 2011 – 31 Oct 2012143
1 Nov 2010 – 31 Oct 2011155
1 Nov 2009 – 31 Oct 2010144
1 Nov 2008 – 31 Oct 2009156
1 Nov 2007 – 31 Oct 2008151
1 Nov 2006 – 31 Oct 200747
1 Nov 2005 – 31 Oct 200663

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
CEOMichael Lund HansenCurrent
CEONiels Theodor Qvistgaard Steensen
CEOOlav Brøchner
CEONiels Anker Hansen
BoardKim Overgaard HermansenCurrent
BoardOlav BrøchnerCurrent
BoardBo Højtoft PedersenCurrent
BoardAnja HjortflodCurrent
BoardRonni Bengaard BargisenCurrent
BoardAnders Björn Johannes MattsonCurrent
BoardDaniel UngeCurrent
BoardBengt Birger LejdströmCurrent
BoardNiels Theodor Qvistgaard Steensen
BoardJohan Aarøe Møller
BoardGert Eg
BoardJohn Christian Hüttel
BoardJens Christian Laursen
BoardDan Larsen
BoardFlemming Jensen
BoardGert Kristiansen
BoardHenning Laursen
BoardPer Frank
BoardNils Jørn Morgenstjerne Laursen
BoardClaus Berner Nielsen
BoardOlav Brøchner
BoardNiels Anker Hansen
BoardJens-Jørn Sørensen
BoardAllan Laursen
BoardBo Højtoft Pedersen
BoardMorten Poulsgaard
BoardHenrik Nordland
BoardPeter Qvist-Sørensen
BoardNiels Anker Hansen
BoardJens-Jørn Sørensen
BoardPeter Gram Jacobsen
BoardAnders Björn Johannes Mattson
BoardJohan Lahiri
BoardSven Jakob Holm
BoardBengt Birger Lejdström
BoardSusanna Kerstin Marianne Zethelius
Owner (100%)Sdip Holdings ABCurrent
Owner (50%)NAH HOLDING ApS
Owner (50%)OLAV HOLDING ApS
Owner (100%)Herredsvej Holding ApS
Owner (20%)Herredsvej Holding ApS
Owner (67%)Sdip Holdings AB
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHenning LaursenCurrent
FounderKathrine GregersenCurrent
FounderVerner LaursenCurrent
FounderPeter JensenCurrent
FounderJens Christian LaursenCurrent

The CEOs' other companies

Michael Lund Hansen – 1 other companies

Niels Theodor Qvistgaard Steensen – 5 other companies

Olav Brøchner – 23 other companies, of which 2 bankrupt

Niels Anker Hansen – 19 other companies

Address history (2 moves)

Herredsvej 19, 8723 Løsning
Herredsvej 19, 8723 Løsning
Herredsvej 19, 8723 Løsning

Employees per year

Number of employees at ELM, KRAGELUND A/S per year551092011: 7920112012: 8220122013: 8220132014: 9320142015: 10120152016: 10020162017: 10620172018: 1092018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about ELM, KRAGELUND A/S

Has ELM, KRAGELUND A/S gone bankrupt?

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

What is the bankruptcy risk of ELM, KRAGELUND 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 ELM, KRAGELUND A/S?

Michael Lund Hansen is the CEO of ELM, KRAGELUND A/S.

Who is the auditor of ELM, KRAGELUND A/S?

ELM, KRAGELUND A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was ELM, KRAGELUND A/S founded?

ELM, KRAGELUND A/S was founded on 25 September 1987.

What is the equity of ELM, KRAGELUND A/S?

Equity was DKK 97.2m 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.