ELTWIN A/S

CVR 13992444 · Public limited company (A/S) · Active · Low risk

ELTWIN A/S is a Public limited company (A/S), founded on , based in Risskov. The company is registered in the industry fremstilling af instrumenter og udstyr til måling, afprøvning og navigation. 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 -2.7m and a net result of DKK -22.5m.

Bankruptcy risk for ELTWIN A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Employees (latest year)50–100 · bankruptcy rate 5.2%0.59×

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
13992444
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Torsøvej 1B
8240 Risskov
Municipality
Aarhus
Industry
Fremstilling af instrumenter og udstyr til måling, afprøvning og navigation (265100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 500k
Employees
86 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late8 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-1.0%
Current ratio99%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 56.2mDKK 9.7mDKK 137.9m
Net profitDKK -22.5mDKK -62.1mDKK 43.4m
EquityDKK -2.7mDKK 19.8mDKK 111.9m
Total assetsDKK 282.5mDKK 316.7mDKK 269.9m
CashDKK 19kDKK 1,268–
Short-term debtDKK 237.7mDKK 246.8m–
Avg. employees106114–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013210 Late
1 Jul 2011 – 30 Jun 2012172
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010154
1 Jul 2008 – 30 Jun 2009153
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007158
1 Jul 2005 – 30 Jun 2006157

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
CEOPoul Arne Kristensen
CEOFlemming Vestergaard Jensen
CEOJørn Kristensen-Huss
BoardJørn Kristensen-HussCurrent
BoardKim SørensenCurrent
BoardMichael Hofman LaursenCurrent
BoardChrister FredrikssonCurrent
BoardLars Mattias NilssonCurrent
BoardPoul Arne Kristensen
BoardGrethe Kristensen
BoardMorten Enggaard Hansen
BoardYoon Tomas Eriksson
BoardPeter Jocic
Owner (100%)NIBE Industrier ABCurrent
AuditorKPMG P/SCurrent
AuditorJan Esholm Jensen
Auditor3 STK ApS
Auditor3 STK ApS
AuditorEY Godkendt Revisionspartnerselskab
FounderPoul Arne KristensenCurrent
FounderJørn Kristensen-HussCurrent
FounderGrethe KristensenCurrent
FounderÅKROGS A/SCurrent

The CEOs' other companies

Poul Arne Kristensen – 7 other companies

Flemming Vestergaard Jensen – 3 other companies

Jørn Kristensen-Huss – 17 other companies

Address history (1 moves)

Torsøvej 1B, 8240 Risskov
Torsøvej 1B, 8240 Risskov

Former names

ELTWIN A/S – now
ELTWIN INDUSTRI ELECTRONIC A/S –

Employees per year

Number of employees at ELTWIN A/S per year43862011: 5720112012: 5420122013: 5420132014: 5120142015: 6720152016: 6720162017: 7720172018: 862018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about ELTWIN A/S

Has ELTWIN A/S gone bankrupt?

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

What is the bankruptcy risk of ELTWIN 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 auditor of ELTWIN A/S?

ELTWIN A/S most recently used KPMG P/S.

When was ELTWIN A/S founded?

ELTWIN A/S was founded on 15 March 1990.

What is the equity of ELTWIN A/S?

Equity was DKK -2.7m 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.