ULSTED EL-FORRETNING A/S

CVR 25448286 · Public limited company (A/S) · Active · Low risk

ULSTED EL-FORRETNING A/S is a Public limited company (A/S), founded on , based in Hals. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 1.1m and a net result of DKK 289k. CEO: Lars Lindegaard Christensen.

Bankruptcy risk for ULSTED EL-FORRETNING A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
25448286
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Houvej 168
9370 Hals
Municipality
Aalborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
11 (2018)
Auditor
BJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 26
Missing annual reportNo
Negative equityNo
Equity ratio30.7%
Current ratio161%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 5.7mDKK 5.2m
Net profitDKK 289kDKK 453kDKK 326k
EquityDKK 1.1mDKK 1.4mDKK 1.3m
Total assetsDKK 3.7mDKK 4.2mDKK 3.5m
CashDKK 91kDKK 81k–
Short-term debtDKK 2.1mDKK 2.4m–
Avg. employees013–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RevisorHuset HalsRegistreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025110
1 Jan 2024 – 31 Dec 202465
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020147
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 201761
1 Jan 2016 – 31 Dec 201645
1 Jan 2015 – 31 Dec 201560
1 Jan 2014 – 31 Dec 201478
1 Jan 2013 – 31 Dec 201357
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 2011115
1 Jan 2010 – 31 Dec 2010283 Late
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008147
1 Jan 2007 – 31 Dec 2007160
1 Jan 2006 – 31 Dec 2006149

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
CEOLars Lindegaard ChristensenCurrent
CEOAage Hjelm Christensen
BoardAage Hjelm ChristensenCurrent
BoardLars Lindegaard ChristensenCurrent
BoardHanne Lindegaard ChristensenCurrent
BoardMaria Lindegaard NørregaardCurrent
Owner (100%)LLC Holding Sæby ApSCurrent
Owner (100%)HLC INVEST ApS
AuditorBJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKABCurrent
AuditorREVISIONSCENTRALEN I AALBORG APS
AuditorRevisor.dk ,Skørping, Godkendt Revisionsanpartsselskab
Auditor3 H REVISION, GODKENDT REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderAage Hjelm ChristensenCurrent

The CEOs' other companies

Lars Lindegaard Christensen – 15 other companies, of which 4 bankrupt

Aage Hjelm Christensen – 14 other companies, of which 4 bankrupt

Address history (2 moves)

Houvej 168, 9370 Hals
Houvej 168, 9370 Hals
Houvej 168, 9370 Hals

Employees per year

Number of employees at ULSTED EL-FORRETNING A/S per year6112011: 620112012: 620122013: 720132014: 720142015: 720152016: 720162017: 920172018: 112018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about ULSTED EL-FORRETNING A/S

Has ULSTED EL-FORRETNING A/S gone bankrupt?

No, ULSTED EL-FORRETNING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ULSTED EL-FORRETNING A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of ULSTED EL-FORRETNING A/S?

Lars Lindegaard Christensen is the CEO of ULSTED EL-FORRETNING A/S.

Who is the auditor of ULSTED EL-FORRETNING A/S?

ULSTED EL-FORRETNING A/S most recently used BJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKAB.

When was ULSTED EL-FORRETNING A/S founded?

ULSTED EL-FORRETNING A/S was founded on 15 June 2000.

What is the equity of ULSTED EL-FORRETNING A/S?

Equity was DKK 1.1m 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.