PAGAARD ELEKTRO A/S

CVR 14805605 · Public limited company (A/S) · Active · Low risk

PAGAARD ELEKTRO A/S is a Public limited company (A/S), founded on , based in Give. The company is registered in the industry el-installation. 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 (30 Apr 2026) shows equity of DKK 11.1m and a net result of DKK 4.0m. CEO: Torben Guldahl Lund.

Bankruptcy risk for PAGAARD ELEKTRO 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
14805605
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Søndergade 60
7323 Give
Municipality
Vejle
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 1.2m
Employees
17 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio69.4%
Current ratio347%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 14.7mDKK 21.4mDKK 19.6m
Net profitDKK 4.0mDKK 7.7mDKK 5.3m
EquityDKK 11.1mDKK 14.9mDKK 11.6m
Total assetsDKK 16.0mDKK 25.8mDKK 29.4m
CashDKK 3.0mDKK 7.5m–
Short-term debtDKK 4.5mDKK 10.6m–
Tax owedDKK 764kDKK 2.8m–
Avg. employees2021–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 202663
1 May 2024 – 30 Apr 202559
1 May 2023 – 30 Apr 202468
1 May 2022 – 30 Apr 202357
1 May 2021 – 30 Apr 2022125
1 May 2020 – 30 Apr 2021124
1 May 2019 – 30 Apr 2020125
1 May 2018 – 30 Apr 2019133
1 May 2017 – 30 Apr 2018137
1 May 2016 – 30 Apr 2017130
1 May 2015 – 30 Apr 2016128
1 May 2014 – 30 Apr 2015130
1 May 2013 – 30 Apr 2014138
1 May 2012 – 30 Apr 2013142
1 May 2011 – 30 Apr 2012158
1 May 2010 – 30 Apr 2011158
1 May 2009 – 30 Apr 2010130
1 May 2008 – 30 Apr 2009122
1 May 2007 – 30 Apr 2008131
1 May 2006 – 30 Apr 2007122

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
CEOTorben Guldahl LundCurrent
CEOHenning Krøjgaard Lund
CEOOle Arp Nielsen
BoardTorben Guldahl LundCurrent
BoardLars Meyer HansenCurrent
BoardEmil Schnedler PedersenCurrent
BoardHenning Krøjgaard Lund
BoardFrank Leon Olesen
BoardBirtha Petersen Lund
BoardChristian Leth
BoardOle Arp Nielsen
BoardFlemming Krojgård Lund
BoardCasper Engelbredt
BoardSteen Andersen
BoardLars Meyer Hansen
Owner (33%)HINDSKOV HOLDING ApSCurrent
Owner (33%)ROSENLUND HOLDING THYREGODLUND ApSCurrent
Owner (67%)FLEMMING LUND, HORSENS, HOLDING ApS
Owner (25%)HINDSKOV HOLDING ApS
Owner (25%)ROSENLUND HOLDING THYREGODLUND ApS
Owner (33%)FLEMMING LUND, HORSENS, HOLDING ApS
Owner (25%)FLEMMING LUND, HORSENS, HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorA/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
AuditorQurios Statsautoriseret Revisionsinteressentskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderClaus Vinter PoulsenCurrent
FounderHenning Krøjgaard LundCurrent
FounderKurt Engmark MortensenCurrent
FounderKjeld KnudsenCurrent
FounderFrank Leon OlesenCurrent
FounderBørge HansenCurrent
FounderErling JørgensenCurrent
FounderCecilie Løvet BøjeCurrent
FounderChristian LethCurrent
FounderOle Arp NielsenCurrent
FounderSabine Soenke JørgensenCurrent
FounderCasper EngelbredtCurrent

The CEOs' other companies

Torben Guldahl Lund – 2 other companies

Henning Krøjgaard Lund – 17 other companies, of which 2 bankrupt

Ole Arp Nielsen – 10 other companies, of which 1 bankrupt

Address history (2 moves)

Søndergade 60, 7323 Give
Borgergade 16, 7323 Give
Borgergade 16, 7323 Give

Former names

PAGAARD ELEKTRO A/S – now
PURHØJ HORSENS ApS –
VALUTA INVEST 5 AF 25.10.1990 ApS –

Employees per year

Number of employees at PAGAARD ELEKTRO A/S per year9182011: 1420112012: 1520122013: 1620132014: 1420142015: 1720152016: 1620162017: 1820172018: 172018

Other companies at the same address

Similar companies in Vejle

Questions and answers about PAGAARD ELEKTRO A/S

Has PAGAARD ELEKTRO A/S gone bankrupt?

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

What is the bankruptcy risk of PAGAARD ELEKTRO 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 PAGAARD ELEKTRO A/S?

Torben Guldahl Lund is the CEO of PAGAARD ELEKTRO A/S.

Who is the auditor of PAGAARD ELEKTRO A/S?

PAGAARD ELEKTRO A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was PAGAARD ELEKTRO A/S founded?

PAGAARD ELEKTRO A/S was founded on 25 October 1990.

What is the equity of PAGAARD ELEKTRO A/S?

Equity was DKK 11.1m according to the annual report for the period ending 30 April 2026.

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