MORTENSEN & ØSTBERG VVS A/S

CVR 15353171 · Public limited company (A/S) · Active · Low risk

MORTENSEN & ØSTBERG VVS A/S is a Public limited company (A/S), founded on , based in Helsinge. 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, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK 1.2m. CEO: Frank Einar Mortensen.

Bankruptcy risk for MORTENSEN & ØSTBERG VVS A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
15353171
Status
Active
Company type
Public limited company (A/S)
Founded
(35 years)
Address
Rundinsvej 50
3200 Helsinge
Municipality
Gribskov
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 1.0m
Employees
11 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio53.5%
Current ratio212%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.0mDKK 4.0mDKK 2.9m
Net profitDKK 1.2mDKK 576kDKK 121k
EquityDKK 4.9mDKK 3.7mDKK 3.1m
Total assetsDKK 9.1mDKK 7.0mDKK 6.5m
CashDKK 2.5mDKK 485k–
Short-term debtDKK 4.2mDKK 3.3m–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023199 Late
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021199 Late
1 Jan 2020 – 31 Dec 2020202 Late
1 Jan 2019 – 31 Dec 2019253 Late
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010137
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006151

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
CEOFrank Einar MortensenCurrent
BoardGitte Wichmann MortensenCurrent
BoardFrank Einar MortensenCurrent
BoardMaria Wichmann MortensenCurrent
BoardHelene Marie Mortensen
BoardSander Wichmann Mortensen
Owner (100%)FM HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorArne Høxbro Larsen
AuditorJohn Voigt
FounderHelene Marie MortensenCurrent
FounderGitte Wichmann MortensenCurrent
FounderFrank Einar MortensenCurrent

The CEOs' other companies

Frank Einar Mortensen – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Rundinsvej 50, 3200 Helsinge
Rundinsvej 50, 3200 Helsinge

Former names

MORTENSEN & ØSTBERG VVS A/S – now
E. MORTENSEN & SØN VVS- OG VENTILATIONSTEKNIK A/S –

Employees per year

Number of employees at MORTENSEN & ØSTBERG VVS A/S per year9182011: 1820112012: 1620122013: 1620132014: 1120142015: 920152016: 920162017: 1020172018: 112018

Other companies at the same address

Similar companies in Gribskov

Questions and answers about MORTENSEN & ØSTBERG VVS A/S

Has MORTENSEN & ØSTBERG VVS A/S gone bankrupt?

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

What is the bankruptcy risk of MORTENSEN & ØSTBERG 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 MORTENSEN & ØSTBERG VVS A/S?

Frank Einar Mortensen is the CEO of MORTENSEN & ØSTBERG VVS A/S.

Who is the auditor of MORTENSEN & ØSTBERG VVS A/S?

MORTENSEN & ØSTBERG VVS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MORTENSEN & ØSTBERG VVS A/S founded?

MORTENSEN & ØSTBERG VVS A/S was founded on 3 July 1991.

What is the equity of MORTENSEN & ØSTBERG VVS A/S?

Equity was DKK 4.9m 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.