ELKO ENERGY A/S

CVR 29418365 · Public limited company (A/S) · Active · Low risk

ELKO ENERGY A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry indvinding af råolie. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -84.0m and a net result of DKK -1.6m. CEO: Joel Messod Silberstein.

Bankruptcy risk for ELKO ENERGY 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
29418365
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
c/o Grant Thornton, Lautrupsgade 11
2100 København Ø
Municipality
København
Industry
Indvinding af råolie (061000)
Bankruptcies in the industry: Indvinding af råolie
Share capital
DKK 500k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-2,798,439,366.7%
Current ratio0%
Moves (last 2 years)1
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address158
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -30kDKK -29kDKK -29k
Net profitDKK -1.6mDKK -1.6mDKK -1.6m
EquityDKK -84.0mDKK -82.3mDKK -80.7m
Total assetsDKK 3DKK 3DKK 3
CashDKK 3DKK 3–
Short-term debtDKK 73kDKK 73k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021220 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016178
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014189 Late
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012177
1 Jan 2011 – 31 Dec 2011171
1 Jan 2010 – 31 Dec 2010178
1 Jan 2009 – 31 Dec 2009168
1 Jan 2008 – 31 Dec 2008116
1 Jan 2007 – 31 Dec 2007136
13 Mar 2006 – 31 Dec 2006156

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
CEOJoel Messod SilbersteinCurrent
CEORudolf Helmut Kleber
CEOSøren Søgaard
CEOPeter Lemon Moir
BoardJoel Messod SilbersteinCurrent
BoardColin BirdCurrent
BoardKjeld Randolph ThygesenCurrent
BoardJeremy Alden Kane
BoardJohn Richard Cullen
BoardRudolf Helmut Kleber
BoardBertil Bak Wogensen
BoardMark Callaway
BoardJoseph Christopher Martin
BoardSøren Søgaard
BoardAlan Douglas Hume
BoardPeter Lemon Moir
BoardRaju Samtani
BoardJoel Messod Silberstein
BoardJan Petrus Nelson
BoardJoel Messod Silberstein
BoardColin Bird
BoardColin Bird
Owner (100%)RPK Finance and holdings BVCurrent
AuditorEY Danmark A/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderElko (UK) LimitedCurrent

The CEOs' other companies

Søren Søgaard – 54 other companies, of which 8 bankrupt

Address history (3 moves)

c/o Grant Thornton, Lautrupsgade 11, 2100 København Ø
c/o Grant Thornton, Stockholmsgade 45, 2100 København Ø
c/o Harbour House, Sundkrogsgade 21, 2100 København Ø
c/o Amicorp Denmark A/S, Dampfærgevej 3, 2., 2100 København Ø

Former names

ELKO ENERGY A/S – now
ARKAY A/S –

Other companies at the same address

Similar companies in København

Questions and answers about ELKO ENERGY A/S

Has ELKO ENERGY A/S gone bankrupt?

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

What is the bankruptcy risk of ELKO ENERGY 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 ELKO ENERGY A/S?

Joel Messod Silberstein is the CEO of ELKO ENERGY A/S.

Who is the auditor of ELKO ENERGY A/S?

ELKO ENERGY A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was ELKO ENERGY A/S founded?

ELKO ENERGY A/S was founded on 13 March 2006.

What is the equity of ELKO ENERGY A/S?

Equity was DKK -84.0m 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.