NETSALG EL & VVS ApS

CVR 26117275 · Private limited company (ApS) · Active · Medium risk

NETSALG EL & VVS ApS is a Private limited company (ApS), founded on 1 July 2001, based in Faxe. The company is registered in the industry detailhandel med elektriske husholdningsapparater. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 220k and a net result of DKK 352k. CEO: Michael Larsen.

Bankruptcy risk for NETSALG EL & VVS ApS

1.6%

probability of bankruptcy within 12 months

Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Website registeredYes · bankruptcy rate 12.0%1.4×

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

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×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

Audit opted outNo · 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: 26117275
Status: Active
Company type: Private limited company (ApS)
Founded: 1 July 2001 (25 years)
Address: Søndergårdsvej 44
4640 Faxe
Municipality: Faxe
Industry: Detailhandel med elektriske husholdningsapparater (475400)
Bankruptcies in the industry: Tøjforretninger
Share capital: DKK 125k
Employees: 6 (2018)
Auditor: DM Revision ApS
Audit opted out: No

Warning signs

Annual reports filed late	6 of 24
Missing annual report	No
Negative equity	No
Equity ratio	2.9%
Current ratio	102%
Moves (last 2 years)	1
CEO changes in total	5
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 2.7m	DKK 2.2m
Net profit	DKK 352k	DKK 304k
Equity	DKK 220k	DKK 1.3m
Total assets	DKK 7.6m	DKK 7.2m
Cash	DKK 356k	–
Short-term debt	DKK 5.3m	–
Avg. employees	2	–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Registreret Revisionsanpartsselskab DM Revision.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	16 Apr 2026	106
1 Jan 2024 – 31 Dec 2024	26 Jun 2025	177
1 Jan 2023 – 31 Dec 2023	16 Jul 2024	198	Late
1 Jan 2022 – 31 Dec 2022	11 Apr 2023	101
1 Jan 2021 – 31 Dec 2021	20 Jul 2022	201	Late
1 Jan 2020 – 31 Dec 2020	8 Jul 2021	189	Late
1 Jan 2019 – 31 Dec 2019	1 Jul 2020	183
1 Jan 2018 – 31 Dec 2018	28 May 2019	148
1 Jan 2017 – 31 Dec 2017	23 May 2018	143
1 Jan 2016 – 31 Dec 2016	5 May 2017	125
1 Jan 2015 – 31 Dec 2015	2 Jun 2016	154
1 Jan 2014 – 31 Dec 2014	23 Mar 2015	82
1 Jan 2013 – 31 Dec 2013	4 Jul 2014	185	Late
1 Jan 2012 – 31 Dec 2012	21 Apr 2013	111
1 Jan 2011 – 31 Dec 2011	4 Jun 2012	156
1 Jan 2010 – 31 Dec 2010	11 Jul 2011	192	Late
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	4 Jun 2009	155
1 Jan 2007 – 31 Dec 2007	15 Jun 2008	167
1 Jan 2006 – 31 Dec 2006	14 Jun 2007	165

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

Role	Name	From	To
CEO	Michael Larsen	14 Aug 2001	Current
CEO	Peter Andreas Stakemann	1 Jul 2001	14 Aug 2001
CEO	Peer Seeger	25 Apr 2007	28 Jan 2025
CEO	Nicki Østergaard Gylling	28 Jan 2025	12 Jun 2025
Board	Birgitte Høse Seeger	25 Apr 2007	2 Mar 2012
Board	Peer Seeger	25 Apr 2007	2 Mar 2012
Owner (25%)	Michael Larsen	15 Jan 2024	Current
Owner (25%)	Nicki Østergaard Gylling	15 Jan 2024	Current
Owner (10%)	KARISE EL-SERVICE HOLDING ApS	30 Aug 2025	Current
Owner (33%)	NETSALG EL & VVS ApS	30 Aug 2025	Current
Owner (50%)	Michael Larsen	1 Jul 2001	14 Jan 2024
Owner (50%)	KARISE EL-SERVICE HOLDING ApS	1 Jul 2001	29 Aug 2025
Auditor	DM Revision ApS	25 Apr 2007	Current
Auditor	ERNST & YOUNG DENMARK P/S	1 Jul 2001	14 Aug 2001
Auditor	NOAM A/S	14 Aug 2001	22 Mar 2007
Founder	ANPARTSSELSKABET STAKEMANN	1 Jul 2001	Current

The CEOs' other companies

Michael Larsen – 1 other companies

P.S. Energi & Ejendomsservice ApS Active

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

01-05-24 ApS Bankrupt 17 Mar 2025
061746M A/S Bankrupt 3 Oct 2011
1 STEP, COPENHAGEN LOGISTIC & DISTRIBUTION ApS Bankrupt 15 Jan 2009
1001 WATT ApS Bankrupt 29 Jan 2002
123 AF 04.07.2012 ApS Bankrupt 6 Aug 2012
1264 ApS Bankrupt 12 Jun 2012
1414 EJENDOMSINVEST 10 ApS Bankrupt 22 Dec 2015
1414 EJENDOMSINVEST 12 ApS Bankrupt 22 Dec 2015
1414 EJENDOMSINVEST ApS Bankrupt 19 Dec 2014
1414 INVEST ApS Bankrupt 22 Dec 2015
1WAY2PRINT A/S Bankrupt 24 Jul 2003
2 X KJAER DK ApS Bankrupt 18 Dec 2024
20220608 ApS Bankrupt 18 Jul 2022
23K ApS Bankrupt 17 Jan 2022
24237982 A/S Bankrupt 25 Apr 2012
2BU EJENDOMME ApS Bankrupt 11 Sep 2013
2BU HOLDING ApS Bankrupt 2 Oct 2013
2Tal enterprise A/S Bankrupt 28 Apr 2020
2V AMAGER SYD ApS Bankrupt 20 Dec 2000
3 SIGMA ApS Bankrupt 9 Jun 2005
30 08 61 71 ApS Bankrupt 1 Dec 2011
31. OKTOBER 2008 ApS Bankrupt 18 Sep 2009
32 67 71 93 ApS Bankrupt 16 Nov 2011
36087374 ApS Bankrupt 10 Jan 2017
365 Service Holding ApS Bankrupt 26 Nov 2020
365 Service Partner ApS Bankrupt 26 Nov 2020
39701804 ApS Bankrupt 14 Aug 2020
39704994 ApS Bankrupt 14 Aug 2020
3BH ApS Bankrupt 3 May 2019
3XE BYG ApS Bankrupt 11 Aug 2017

Peer Seeger – 6 other companies, of which 4 bankrupt

AFVIKLINGSSELSKABET AF 1. JANUAR 2006 A/S Bankrupt 10 Jan 2006
DANSK BIO-OLIE ApS Bankrupt 21 Oct 2003
KARISE VVS & KLEINSMEDIE ApS Bankrupt 6 Jul 2006
KARISE VVS- OG VENTILATIONSSERVICEApS Bankrupt 24 Jul 2000
KARISE EL-SERVICE HOLDING ApS Active
P.S. Energi & Ejendomsservice ApS Active

Address history (4 moves)

1 May 2025	Søndergårdsvej 44, 4640 Faxe
1 Jan 2007	Rønnedevej 50, 4640 Faxe
9 Sep 2005	Rønnedevej 50, 4640 Faxe
14 Aug 2001	Vitus Berings Vej 2, 4654 Faxe Ladeplads
1 Jul 2001	c/o Advokatfirmaet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

NETSALG EL & VVS ApS	14 Aug 2001 – now
ApS KBUS 38 NR. 4292	1 Jul 2001 – 13 Aug 2001

Employees per year

Similar companies in Faxe

Questions and answers about NETSALG EL & VVS ApS

Has NETSALG EL & VVS ApS gone bankrupt?

No, NETSALG EL & VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NETSALG EL & VVS ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of NETSALG EL & VVS ApS?

Michael Larsen is the CEO of NETSALG EL & VVS ApS.

Who is the auditor of NETSALG EL & VVS ApS?

NETSALG EL & VVS ApS most recently used DM Revision ApS.

When was NETSALG EL & VVS ApS founded?

NETSALG EL & VVS ApS was founded on 1 July 2001.

What is the equity of NETSALG EL & VVS ApS?

Equity was DKK 220k 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.