HEAT EUROPE A/S

CVR 15900334 · Public limited company (A/S) · Active · Low risk

HEAT EUROPE A/S is a Public limited company (A/S), founded on , based in Herlev. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. 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 Jun 2026) shows equity of DKK 819k and a net result of DKK 48k. CEO: Jens Aslak Nørgaard.

Bankruptcy risk for HEAT EUROPE 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

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×
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×
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
15900334
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Ellekær 6
2730 Herlev
Municipality
Herlev
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
0 (2001)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio70.3%
Current ratio498%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 73kDKK 56kDKK 15k
Net profitDKK 48kDKK 31kDKK -13k
EquityDKK 819kDKK 771kDKK 741k
Total assetsDKK 1.2mDKK 1.1mDKK 1.1m
CashDKK 14kDKK 26k–
Short-term debtDKK 33kDKK 30k–
Tax owedDKK 16kDKK 2,330–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202631
1 Jul 2024 – 30 Jun 202558
1 Jul 2023 – 30 Jun 2024169
1 Jul 2022 – 30 Jun 2023163
1 Jul 2021 – 30 Jun 2022161
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020142
1 Jul 2018 – 30 Jun 2019120
1 Jul 2017 – 30 Jun 2018121
1 Jul 2016 – 30 Jun 2017145
1 Jul 2015 – 30 Jun 2016161
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014107
1 Jul 2012 – 30 Jun 2013152
1 Jul 2011 – 30 Jun 2012153
1 Jul 2010 – 30 Jun 2011150
1 Jul 2009 – 30 Jun 2010165
1 Jul 2008 – 30 Jun 2009166
1 Jul 2007 – 30 Jun 2008156
1 Jul 2006 – 30 Jun 200796

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
CEOJens Aslak NørgaardCurrent
CEORoald Aslak Nørgaard
BoardRoald Aslak NørgaardCurrent
BoardJens Aslak NørgaardCurrent
BoardCarsten Aslak NørgaardCurrent
BoardAnn-Dorrit Jørgensen
BoardAnna Ingrid Vendela Nørgaard
BoardLasse Dam
Owner (25%)Roald Aslak NørgaardCurrent
Owner (33%)Jens Aslak NørgaardCurrent
Owner (25%)Carsten Aslak NørgaardCurrent
AuditorStatsaut. revisor Keld Jensen
AuditorTOP B ApS
AuditorERNST & YOUNG DENMARK P/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderRoald Aslak NørgaardCurrent
FounderAnn-Dorrit JørgensenCurrent
FounderAnna Ingrid Vendela NørgaardCurrent
FounderLasse DamCurrent

The CEOs' other companies

Jens Aslak Nørgaard – 4 other companies

Roald Aslak Nørgaard – 7 other companies

Address history (0 moves)

Ellekær 6, 2730 Herlev

Former names

HEAT EUROPE A/S – now
N & D NØGLE- OG SKOMASKINER A/S –

Employees per year

Number of employees at HEAT EUROPE A/S per year111997: 119971998: 119981999: 119992000: 120002001: 02001

Other companies at the same address

Similar companies in Herlev

Questions and answers about HEAT EUROPE A/S

Has HEAT EUROPE A/S gone bankrupt?

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

What is the bankruptcy risk of HEAT EUROPE 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 HEAT EUROPE A/S?

Jens Aslak Nørgaard is the CEO of HEAT EUROPE A/S.

When was HEAT EUROPE A/S founded?

HEAT EUROPE A/S was founded on 2 March 1992.

What is the equity of HEAT EUROPE A/S?

Equity was DKK 819k according to the annual report for the period ending 30 June 2026.

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