GERTSEN & OLUFSEN A/S

CVR 16314897 · Public limited company (A/S) · Active · Low risk

GERTSEN & OLUFSEN A/S is a Public limited company (A/S), founded on , based in Kongens Lyngby. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 409.6m and a net result of DKK -16.8m. CEO: Henning Høgh, Thomas Kastrup Sørensen.

Bankruptcy risk for GERTSEN & OLUFSEN 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · 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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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
16314897
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Lundtoftegårdsvej 95, 3.
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
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
35 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 30
Missing annual reportNo
Negative equityNo
Equity ratio46.2%
Current ratio77%
Moves (last 2 years)1
CEO changes in total19
CEO's previous bankruptcies1
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 43.8mDKK 46.3mDKK 27.1m
Net profitDKK -16.8mDKK 14.6mDKK 11.0m
EquityDKK 409.6mDKK 486.4mDKK 163.1m
Total assetsDKK 887.0mDKK 891.7mDKK 518.2m
CashDKK 3.0mDKK 56.1m–
Short-term debtDKK 469.7mDKK 344.2m–
Avg. employees7258–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025145
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023181
1 Jul 2021 – 31 Dec 2022186 Late
1 Jul 2020 – 30 Jun 202169
1 Jul 2019 – 30 Jun 2020100
1 Jul 2018 – 30 Jun 201972
1 Jul 2017 – 30 Jun 2018143
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016160
1 Jul 2014 – 30 Jun 2015199 Late
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013122
1 Jul 2011 – 30 Jun 2012120
1 Jul 2010 – 30 Jun 2011157
1 Jul 2009 – 30 Jun 2010152
1 Jul 2008 – 30 Jun 2009100
1 Jul 2007 – 30 Jun 200873
1 Jul 2006 – 30 Jun 2007187 Late
1 Jul 2005 – 30 Jun 2006144

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
CEOHenning HøghCurrent
CEOThomas Kastrup SørensenCurrent
CEOBo Kristensen
CEOBent Olufsen
CEOPer Emil Hasselbalch Stakemann
CEOJesper Højer
CEOSvend Erik Casparij
CEOThorsten Larsen-Seul
CEOTorben Bjørn Christensen
CEOKarsten Lindved
CEOOscar William Gunner
CEOInge Harting Bodskov
BoardBo KristensenCurrent
BoardJesper Teddy LokCurrent
BoardRune Lillie GornitzkaCurrent
BoardThomas Synnestvedt KnudsenCurrent
BoardKristian Verner MørchCurrent
BoardSameer KalraCurrent
BoardHans Christian Galst
BoardJudy Jakobsen
BoardUlf Svejgaard Poulsen
BoardHans Henrik Gamborg
BoardErik Tingleff Larsen
BoardPoul Elholm Jakobsen
BoardBent Olufsen
BoardPer Emil Hasselbalch Stakemann
BoardMette Olufsen
BoardMaren Elisabeth Olufsen
BoardHelge Jacobsen
BoardEbbe Rye Petersen
BoardPhilip Søren Thorsen
BoardIrene Tingleff Kristensen
BoardBo Kristensen
BoardMichael Spangsberg
BoardTorben Bjørn Christensen
BoardThomas Marstrand
BoardPer Sten Lauritsen
BoardNiels Henrik Jensen
BoardAsger Bruun-Christensen
BoardKristian la Cour
BoardSøren Klarskov Vilby
BoardLiselotte Grønborg Lundberg
BoardBernd Bertram
BoardRasmus Hans Jensen
Owner (100%)G&O BidCo A/SCurrent
Owner (100%)G&O INVESTMENT A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorO.H. REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorOTTO HOUD STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
Auditorinforevision statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorTIMEVISION BRØNDBY GODKENDT REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMEDIMEX ApSCurrent
FounderApS KBIL 9 NR. 1008Current
FounderVX 20.181 ApSCurrent

The CEOs' other companies

Henning Høgh – 10 other companies

Thomas Kastrup Sørensen – 33 other companies, of which 1 bankrupt

Bo Kristensen – 30 other companies, of which 7 bankrupt

Bent Olufsen – 7 other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Jesper Højer – 5 other companies

Svend Erik Casparij – 2 other companies

Thorsten Larsen-Seul – 4 other companies, of which 1 bankrupt

Torben Bjørn Christensen – 40 other companies, of which 10 bankrupt

Karsten Lindved – 21 other companies, of which 1 bankrupt

Oscar William Gunner – 6 other companies

Inge Harting Bodskov – 12 other companies

Address history (3 moves)

Lundtoftegårdsvej 95, 3., 2800 Kongens Lyngby
Lundtoftegårdsvej 95, 3., 2800 Kongens Lyngby
Solvang 22, 3450 Allerød
Savsvinget 4, 2970 Hørsholm

Former names

GERTSEN & OLUFSEN A/S – now
GERTSEN & OLUFSEN AF 1993 A/S –
A/S PSE 38 NR. 1558 –

Employees per year

Number of employees at GERTSEN & OLUFSEN A/S per year18352011: 3120112012: 2720122013: 2720132014: 3220142015: 2020152016: 3320162017: 3520172018: 352018

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about GERTSEN & OLUFSEN A/S

Has GERTSEN & OLUFSEN A/S gone bankrupt?

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

What is the bankruptcy risk of GERTSEN & OLUFSEN 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 GERTSEN & OLUFSEN A/S?

Henning Høgh, Thomas Kastrup Sørensen are the CEOs of GERTSEN & OLUFSEN A/S.

Who is the auditor of GERTSEN & OLUFSEN A/S?

GERTSEN & OLUFSEN A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was GERTSEN & OLUFSEN A/S founded?

GERTSEN & OLUFSEN A/S was founded on 1 August 1992.

What is the equity of GERTSEN & OLUFSEN A/S?

Equity was DKK 409.6m 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.