INSATECH A/S

CVR 12136498 · Public limited company (A/S) · Active · Low risk

INSATECH A/S is a Public limited company (A/S), founded on , based in Præstø. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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 Mar 2026) shows equity of DKK 38.4m and a net result of DKK 18.3m. CEO: Michael Wølk Gandø, Kristian Nielsen.

Bankruptcy risk for INSATECH 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×
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×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
12136498
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Næstvedvej 73C
4720 Præstø
Municipality
Vordingborg
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 6.0m
Employees
73 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio55.7%
Current ratio209%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 79.6mDKK 78.7mDKK 64.4m
Net profitDKK 18.3mDKK 20.4mDKK 8.3m
EquityDKK 38.4mDKK 39.1mDKK 25.6m
Total assetsDKK 69.0mDKK 68.2mDKK 62.0m
CashDKK 4,156DKK 5,462–
Short-term debtDKK 29.9mDKK 28.1m–
Tax owedDKK 2.2mDKK 1.6m–
Avg. employees7471–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202697
1 Apr 2024 – 31 Mar 202591
1 Apr 2023 – 31 Mar 2024100
1 Apr 2022 – 31 Mar 2023122
1 Apr 2021 – 31 Mar 2022117
1 Apr 2020 – 31 Mar 2021119
1 Apr 2019 – 31 Mar 2020139
1 Apr 2018 – 31 Mar 2019106
1 Apr 2017 – 31 Mar 2018107
1 Apr 2016 – 31 Mar 2017115
1 Apr 2015 – 31 Mar 2016140
1 Apr 2014 – 31 Mar 2015136
1 Apr 2013 – 31 Mar 201488
1 Apr 2012 – 31 Mar 2013102
1 Apr 2011 – 31 Mar 2012188 Late
1 Apr 2010 – 31 Mar 2011118
1 Apr 2009 – 31 Mar 2010152
1 Apr 2008 – 31 Mar 2009153
1 Apr 2007 – 31 Mar 2008161
1 Apr 2006 – 31 Mar 2007151

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 Wølk GandøCurrent
CEOKristian NielsenCurrent
CEOPeder Larsen Østbjerg
CEOAlan Erik Christoffersen
CEOBirgit Folting
CEOClaus Bernhard Nielsen
BoardJacob MøllerCurrent
BoardMichael Wølk GandøCurrent
BoardClaus Bernhard NielsenCurrent
BoardKristian NielsenCurrent
BoardLinnéa Lovisa Ann-Christin BlomCurrent
BoardThorning Bonne Larsen
BoardJens Peter Henriksen
BoardRita Juul
BoardClaus Thrane
BoardAlan Erik Christoffersen
BoardHartvig Juul
BoardGiuseppe Ceresa
BoardLuigi Coppa
BoardAntonio Bernardini
BoardIvano Volpon
BoardVito Diceglie
BoardMarian Düring
BoardCarl Göran Ragnvald Hagsten
BoardSven Roland Levin
BoardArtur Bernardino Aira
BoardPeter Mikael Simonsbacka
BoardClaus Bernhard Nielsen
BoardJohan Urbanson Dyberg
BoardClaus Bernhard Nielsen
BoardJohan Urbanson Dyberg
BoardClaeson Anders Helge
BoardJohn Åge Lazar
BoardLinnéa Lovisa Ann-Christin Blom
Owner (100%)ADDTECH AB NORDICCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRevision Syd
Auditor"REVISIONSFIRMAET EDVIN MUNK RINGE A/S, STATSAUTORISEREDE REVISORER"
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorREVISIONSFIRMA CHRISTIANSEN & ENGELBRECHTSEN NYKØBING F
AuditorKPMG DANMARK A/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S
FounderGEA FARM TECHNOLOGIES NORDICS A/SCurrent
FounderDANIA AGRO A/SCurrent
FounderSLH S.p.ACurrent

The CEOs' other companies

Peder Larsen Østbjerg – 18 other companies, of which 4 bankrupt

Alan Erik Christoffersen – 6 other companies

Birgit Folting – 1 other companies, of which 1 bankrupt

Claus Bernhard Nielsen – 4 other companies

Address history (2 moves)

Næstvedvej 73C, 4720 Præstø
Algade 133, 4760 Vordingborg
Algade 133, 4760 Vordingborg

Former names

INSATECH A/S – now
SCANDINAVIAN ITALIAN TRACTOR COMPANY A/S –

Employees per year

Number of employees at INSATECH A/S per year38762011: 4320112012: 4620122013: 6120132014: 7120142015: 6520152016: 7620162017: 7420172018: 732018

Other companies at the same address

Similar companies in Vordingborg

Questions and answers about INSATECH A/S

Has INSATECH A/S gone bankrupt?

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

What is the bankruptcy risk of INSATECH 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 INSATECH A/S?

Michael Wølk Gandø, Kristian Nielsen are the CEOs of INSATECH A/S.

Who is the auditor of INSATECH A/S?

INSATECH A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was INSATECH A/S founded?

INSATECH A/S was founded on 24 May 1988.

What is the equity of INSATECH A/S?

Equity was DKK 38.4m according to the annual report for the period ending 31 March 2026.

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