MARTINSEN NORDIC HOLDING A/S

CVR 21118346 · Public limited company (A/S) · Active · Low risk

MARTINSEN NORDIC HOLDING A/S is a Public limited company (A/S), founded on , based in Langå. The company is registered in the industry ikke-finansielle holdingselskaber. 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 2 more than six months after the end of the financial year. The latest annual report (31 Aug 2025) shows equity of DKK 53.4m and a net result of DKK 45k. CEO: Flemming Sahner Martinsen.

Bankruptcy risk for MARTINSEN NORDIC HOLDING 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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
21118346
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Eksportvej 7
8870 Langå
Municipality
Favrskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 820k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio98.1%
Current ratio1,366%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -86kDKK -70k
Net profitDKK 45kDKK 3.6m
EquityDKK 53.4mDKK 53.6m
Total assetsDKK 54.4mDKK 54.9m
CashDKK 1.4m–
Short-term debtDKK 1.0m–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 202587
1 Sep 2023 – 31 Aug 2024192 Late
1 Sep 2022 – 31 Aug 2023188 Late
1 Sep 2021 – 31 Aug 2022183
1 Sep 2020 – 31 Aug 2021163
1 Sep 2019 – 31 Aug 2020151
1 Sep 2018 – 31 Aug 2019160
1 Sep 2017 – 31 Aug 2018154
1 Sep 2016 – 31 Aug 2017152
1 Sep 2015 – 31 Aug 2016110
1 Sep 2014 – 31 Aug 2015144
1 Sep 2013 – 31 Aug 2014152
1 Sep 2012 – 31 Aug 2013124
1 Sep 2011 – 31 Aug 2012112
1 Sep 2010 – 31 Aug 2011110
1 Sep 2009 – 31 Aug 2010117
1 Sep 2008 – 31 Aug 200963
1 Sep 2007 – 31 Aug 200893
1 Sep 2006 – 31 Aug 200783
1 Sep 2005 – 31 Aug 2006145

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
CEOFlemming Sahner MartinsenCurrent
BoardBengt Sahner MartinsenCurrent
BoardHenrik Sahner MartinsenCurrent
BoardFlemming Sahner MartinsenCurrent
Owner (5%)Henrik Sahner MartinsenCurrent
Owner (5%)Flemming Sahner MartinsenCurrent
Owner (25%)Carl Bækgaard Sahner MartinsenCurrent
Owner (25%)Gustav Bækgaard Sahner MartinsenCurrent
Owner (25%)Johannes Bækgaard Sahner MartinsenCurrent
Owner (50%)Henrik Sahner Martinsen
Owner (50%)Flemming Sahner Martinsen
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorREVISIONSFIRMAET BJERRE MØLLER PEDERSEN & BERING I/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderHenrik Sahner MartinsenCurrent
FounderFlemming Sahner MartinsenCurrent

The CEOs' other companies

Flemming Sahner Martinsen – 4 other companies

Address history (2 moves)

Eksportvej 7, 8870 Langå
Knudstrupvej 10C, 8870 Langå
Knudstrupvej 10C, 8870 Langå

Former names

MARTINSEN NORDIC HOLDING A/S – now
KRISWELL HOLDING A/S –

Other companies at the same address

Similar companies in Favrskov

Questions and answers about MARTINSEN NORDIC HOLDING A/S

Has MARTINSEN NORDIC HOLDING A/S gone bankrupt?

No, MARTINSEN NORDIC HOLDING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MARTINSEN NORDIC HOLDING 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 MARTINSEN NORDIC HOLDING A/S?

Flemming Sahner Martinsen is the CEO of MARTINSEN NORDIC HOLDING A/S.

Who is the auditor of MARTINSEN NORDIC HOLDING A/S?

MARTINSEN NORDIC HOLDING A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MARTINSEN NORDIC HOLDING A/S founded?

MARTINSEN NORDIC HOLDING A/S was founded on 25 August 1998.

What is the equity of MARTINSEN NORDIC HOLDING A/S?

Equity was DKK 53.4m according to the annual report for the period ending 31 August 2025.

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