GNISTEN AUTO ELEKTRO A/S

CVR 21853178 · Public limited company (A/S) · Active · Medium risk

GNISTEN AUTO ELEKTRO A/S is a Public limited company (A/S), founded on , based in Svendborg. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 93k and a net result of DKK -3,125. CEO: Michael Christensen.

Bankruptcy risk for GNISTEN AUTO ELEKTRO A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
21853178
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Sætting Strandvej 14
5700 Svendborg
Municipality
Svendborg
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Employees
0 (2004)
Auditor
RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 27
Missing annual reportNo
Negative equityNo
Equity ratio77.6%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Net profitDKK -3,125DKK -3,125
EquityDKK 93kDKK 96k
Total assetsDKK 119kDKK 122k
CashDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202563
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018171
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012169
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007155
1 Jan 2006 – 31 Dec 200684

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
CEOMichael ChristensenCurrent
BoardMichael ChristensenCurrent
BoardKarin ChristensenCurrent
BoardBent Gnist ChristensenCurrent
Owner (100%)Michael ChristensenCurrent
AuditorJørn Skaarup Christiansen
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael ChristensenCurrent

The CEOs' other companies

Michael Christensen – 8 other companies

Address history (4 moves)

Sætting Strandvej 14, 5700 Svendborg
Sætting Strandvej 14, 5700 Svendborg
Løvholmen 4, 5700 Svendborg
Porthusvej 129, 5700 Svendborg
Nyborgvej 134, 5700 Svendborg

Employees per year

Number of employees at GNISTEN AUTO ELEKTRO A/S per year471997: 419971999: 719992000: 620002001: 620012002: 620022003: 520032004: 02004

Other companies at the same address

Similar companies in Svendborg

Questions and answers about GNISTEN AUTO ELEKTRO A/S

Has GNISTEN AUTO ELEKTRO A/S gone bankrupt?

No, GNISTEN AUTO ELEKTRO A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GNISTEN AUTO ELEKTRO A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of GNISTEN AUTO ELEKTRO A/S?

Michael Christensen is the CEO of GNISTEN AUTO ELEKTRO A/S.

Who is the auditor of GNISTEN AUTO ELEKTRO A/S?

GNISTEN AUTO ELEKTRO A/S most recently used RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

When was GNISTEN AUTO ELEKTRO A/S founded?

GNISTEN AUTO ELEKTRO A/S was founded on 21 June 1999.

What is the equity of GNISTEN AUTO ELEKTRO A/S?

Equity was DKK 93k 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.