Ikast El Net A/S

CVR 25115627 · Public limited company (A/S) · Active · Low risk

Ikast El Net A/S is a Public limited company (A/S), founded on , based in Ikast. 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, 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 136.1m and a net result of DKK 4.5m.

Bankruptcy risk for Ikast El Net 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

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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
25115627
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Europavej 2
7430 Ikast
Municipality
Ikast-Brande
Industry
Distribution af elektricitet (351400)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 25.0m
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 26
Missing annual reportNo
Negative equityNo
Equity ratio66.3%
Current ratio145%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 23.9mDKK 20.3mDKK 21.8m
Gross profitDKK 18.0mDKK 16.0mDKK 14.0m
Net profitDKK 4.5mDKK 5.0mDKK 5.4m
EquityDKK 136.1mDKK 131.6mDKK 126.0m
Total assetsDKK 205.1mDKK 203.4mDKK 194.1m
CashDKK 6.2mDKK 8.8m–
Short-term debtDKK 23.2mDKK 27.0m–
Tax owed–DKK 0–
Avg. employees77–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019218 Late
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 2015106
1 Jan 2014 – 31 Dec 2014118
1 Jan 2013 – 31 Dec 2013133
1 Jan 2012 – 31 Dec 2012142
1 Jan 2011 – 31 Dec 2011128
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009126
1 Jan 2008 – 31 Dec 2008125
1 Jan 2007 – 31 Dec 2007129
1 Jan 2006 – 31 Dec 2006130

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
CEOJørn Bue Madsen
CEOKurt Ejner Hansen
CEOKaj Hansen
CEOJørgen Mosegaard
BoardAnnette Kjær MosegaardCurrent
BoardMarianne Kirstine MøllerCurrent
BoardBjarne AndersenCurrent
BoardMartin Plum JuulCurrent
BoardDan Risom FoldagerCurrent
BoardDan Fiil JensenCurrent
BoardJohannes ElbækCurrent
BoardKnud Otto Svendsen
BoardHans Peder Nielsen
BoardBent Arne Godske Jensen
BoardHans Christian Thygesen
BoardDorte Emborg Mejer
BoardKurt Ejner Hansen
BoardBruno Gade Nielsen
BoardAnnette Kjær Mosegaard
BoardBjarne Andersen
BoardPoul Færch
BoardMorten Brogaard Christensen
BoardAnnette Kjær Mosegaard
BoardDan Risom Foldager
BoardJohannes Elbæk
BoardDan Risom Foldager
BoardDan Fiil Jensen
Owner (100%)Energi Ikast Holding A/SCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderIkast El- og VarmeværkCurrent

The CEOs' other companies

Jørn Bue Madsen – 17 other companies, of which 1 bankrupt

Kurt Ejner Hansen – 9 other companies

Kaj Hansen – 22 other companies, of which 5 bankrupt

Jørgen Mosegaard – 17 other companies

Address history (3 moves)

Europavej 2, 7430 Ikast
Europavej 2, 7430 Ikast
Europavej 2, 7430 Ikast
Thorsgade 2, 7430 Ikast

Former names

Ikast El Net A/S – now
IKAST VÆRKERNE NET A/S –

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Ikast El Net A/S

Has Ikast El Net A/S gone bankrupt?

No, Ikast El Net A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ikast El Net 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 Ikast El Net A/S?

Ikast El Net A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Ikast El Net A/S founded?

Ikast El Net A/S was founded on 30 December 1999.

What is the equity of Ikast El Net A/S?

Equity was DKK 136.1m 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.