E. SÆTHER A/S

CVR 28856687 · Public limited company (A/S) · Active · Low risk

E. SÆTHER A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 43.0m and a net result of DKK 3.3m. CEO: Daniel Dornhoff Cordsen.

Bankruptcy risk for E. SÆTHER A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
28856687
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Aldersrogade 1, 5.
2100 København Ø
Municipality
København
Industry
Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 3.5m
Employees
101 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio50.4%
Current ratio221%
Moves (last 2 years)1
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 471.8mDKK 555.5mDKK 630.4m
Gross profitDKK 81.4mDKK 98.1mDKK 100.4m
Net profitDKK 3.3mDKK 13.3mDKK 10.0m
EquityDKK 43.0mDKK 64.7mDKK 51.4m
Total assetsDKK 85.2mDKK 119.7mDKK 105.3m
Short-term debtDKK 33.2mDKK 44.1m–
Tax owedDKK 1.2mDKK 7.3m–
Avg. employees113120–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023122
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017123
1 Jan 2016 – 31 Dec 2016123
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014112
1 Jan 2013 – 31 Dec 201398
1 Jan 2012 – 31 Dec 201284
1 Jan 2011 – 31 Dec 2011120
1 Jan 2010 – 31 Dec 2010103
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008180
1 Jan 2007 – 31 Dec 2007120
1 Jan 2006 – 31 Dec 2006101

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
CEODaniel Dornhoff CordsenCurrent
CEONiels Asger Jørgensen
CEOTage Juhl Finninge
CEOPalle Pedersen
CEOParisa Shave
BoardPalle PedersenCurrent
BoardDaniel Dornhoff CordsenCurrent
BoardBirger von HoldtCurrent
BoardEllinor Sæther
BoardPeter Silkeborg Brolev
BoardPeder Mauritz Madsen
BoardEllinor Sæther
BoardCarsten Ørnbo
BoardSøren Tyge Sørensen
BoardKay Spanger
BoardEllinor Sæther
BoardPalle Pedersen
BoardBritta Caroline Block
BoardEllinor Sæther
BoardPalle Pedersen
BoardEllinor Sæther
Owner (100%)SÆTHER NORDIC A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
FounderSÆTHER NORDIC A/SCurrent

The CEOs' other companies

Daniel Dornhoff Cordsen – 1 other companies

Niels Asger Jørgensen – 4 other companies

Tage Juhl Finninge – 5 other companies

Palle Pedersen – 3 other companies

Address history (2 moves)

Aldersrogade 1, 5., 2100 København Ø
Ryttermarken 11, 3520 Farum
Ryttermarken 11, 3520 Farum

Employees per year

Number of employees at E. SÆTHER A/S per year611222011: 10620112012: 12220122013: 10620132014: 10720142015: 10320152016: 8720162017: 9920172018: 1012018

Other companies at the same address

Similar companies in København

Questions and answers about E. SÆTHER A/S

Has E. SÆTHER A/S gone bankrupt?

No, E. SÆTHER A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of E. SÆTHER A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of E. SÆTHER A/S?

Daniel Dornhoff Cordsen is the CEO of E. SÆTHER A/S.

Who is the auditor of E. SÆTHER A/S?

E. SÆTHER A/S most recently used EY Godkendt Revisionspartnerselskab.

When was E. SÆTHER A/S founded?

E. SÆTHER A/S was founded on 21 June 2005.

What is the equity of E. SÆTHER A/S?

Equity was DKK 43.0m 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.