NETSELSKABET ELVÆRK A/S

CVR 21085200 · Public limited company (A/S) · Active · Low risk

NETSELSKABET ELVÆRK A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry distribution af elektricitet. 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 (31 Dec 2025) shows equity of DKK 883.7m and a net result of DKK 32.3m.

Bankruptcy risk for NETSELSKABET ELVÆRK 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 changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
21085200
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Løvevej 5
7700 Thisted
Municipality
Thisted
Industry
Distribution af elektricitet (351400)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 101.0m
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 27
Missing annual reportNo
Negative equityNo
Equity ratio77.0%
Current ratio346%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 117.6mDKK 110.5m
Net profitDKK 32.3mDKK 32.4m
EquityDKK 883.7mDKK 851.2m
Total assetsDKK 1.1bnDKK 1.1bn
CashDKK 410k–
Short-term debtDKK 68.9m–
Tax owedDKK 10.9m–
Avg. employees41–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025142
1 Jan 2024 – 31 Dec 2024145
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021142
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015132
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012133
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006134

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
CEOPreben Bang Henriksen
CEOJens Søgaard Kristensen
CEOKristian Tilsted
CEOElisa Hove de Lasson
BoardRobert HoveCurrent
BoardSøren MarkussenCurrent
BoardRasmus Anneberg PedersenCurrent
BoardJørgen MosegaardCurrent
BoardLars Peter ChristiansenCurrent
BoardJonas Houkjær BechCurrent
BoardSvend Aage Bonde Johansen
BoardKarl Bennedsgaard
BoardArne Bruun Kristiansen
BoardHenning Aage Westergaard Petersen
BoardLean Søndergaard Nyby
BoardFreddy Frost
BoardLejf Berntsen
BoardMogens Hartvig Gellert Baadsgaard
BoardKonrad Sejersbøl
BoardCarl Georg Lyngs
BoardHans Christian Krøyer
BoardSøren Bertelsen
BoardAnton Kirk Toft
BoardLean Søndergaard Nyby
BoardUlf Ørsøe Nyborg
BoardRobert Hove
BoardSøren Lyndrup
BoardRobert Hove
BoardClaus Grothe Rysgaard
BoardNiels Peter Poulsen
BoardHans Christian Krøyer
BoardBendt Bruun
BoardJakob Tange
BoardSøren Markussen
BoardHenrik Hilligsø Munk
BoardBjarne Østergaard
BoardErik Odgaard
BoardSøren Markussen
BoardJacob Thomsen
BoardBendt Bruun
BoardFinn Østergaard Jeppesen
BoardBjarne Østergaard
BoardJacob Thomsen
BoardLise Tange
BoardFinn Østergaard Jeppesen
BoardJesper Primdahl Nielsen
BoardJacob Thomsen
BoardLise Tange
BoardPia Lykke Madsen
BoardBjarke Højer Thomsen
BoardKenneth Ejler Mortensen
BoardJesper Krogh Grud
BoardMogens Skovlund Bak
Owner (100%)THY-MORS ENERGI HOLDING A/SCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Jens Søgaard Kristensen – 19 other companies, of which 4 bankrupt

Kristian Tilsted – 12 other companies

Address history (1 moves)

Løvevej 5, 7700 Thisted
Elsøvej 107, 7900 Nykøbing M

Former names

NETSELSKABET ELVÆRK A/S – now
THY-MORS ENERGI ELNET A/S –
THY-MORS EL-NET A/S –
MORSØ ELFORSYNING NET A/S –
MORSØ ELFORSYNING ERHVERV ApS –
PBH 26.464 ApS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about NETSELSKABET ELVÆRK A/S

Has NETSELSKABET ELVÆRK A/S gone bankrupt?

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

What is the bankruptcy risk of NETSELSKABET ELVÆRK 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 NETSELSKABET ELVÆRK A/S?

NETSELSKABET ELVÆRK A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was NETSELSKABET ELVÆRK A/S founded?

NETSELSKABET ELVÆRK A/S was founded on 1 July 1998.

What is the equity of NETSELSKABET ELVÆRK A/S?

Equity was DKK 883.7m 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.