ELEMENT LOGIC DENMARK A/S

CVR 29847096 · Public limited company (A/S) · Active · Low risk

ELEMENT LOGIC DENMARK A/S is a Public limited company (A/S), founded on , based in Odense C. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 30.0m and a net result of DKK 11.7m.

Bankruptcy risk for ELEMENT LOGIC DENMARK A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
29847096
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Havnegade 34A
5000 Odense C
Municipality
Odense
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
1 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio16.1%
Current ratio126%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 55.9mDKK 57.5mDKK 57.9m
Net profitDKK 11.7mDKK 19.8mDKK 23.5m
EquityDKK 30.0mDKK 38.1mDKK 58.3m
Total assetsDKK 186.3mDKK 135.4mDKK 189.6m
Short-term debtDKK 146.8mDKK 87.0m–
Tax owedDKK 1.5m––
Avg. employees5247–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025128
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022101
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 202088
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 201687
1 Jan 2015 – 31 Dec 2015109
1 Jan 2014 – 31 Dec 2014111
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 201171
1 Jan 2010 – 31 Dec 2010135
1 Jan 2009 – 31 Dec 2009144
1 Jan 2008 – 31 Dec 2008173
30 Aug 2006 – 31 Dec 2007164

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
CEOOle Sverre Spigseth
CEODag-Adler Blakseth
BoardLinda Renate PedersenCurrent
BoardNikolaj Langchedel Bjørn EriksenCurrent
BoardEir Bjordal BjørklyCurrent
BoardSvein Johan Fagereng
BoardKnut Dahlseide
BoardOle Sverre Spigseth
BoardDag-Adler Blakseth
BoardNils Petter Liljedahl
BoardDag-Adler Blakseth
BoardKnut Ansten
BoardEir Bjordal Bjørkly
Owner (100%)Element Logic ASCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
FounderMartin Rudolf Engberg KastenCurrent

Address history (4 moves)

Havnegade 34A, 5000 Odense C
Blangstedgårdsvej 1, 5220 Odense SØ
c/o Dansk Revision Odense, Langelinie 79, 5230 Odense M
Ingeborgvej 8, 5000 Odense C
c/o Nikolaj Bjørn Eriksen, Kochsgade 15, 1. tv, 5000 Odense C

Former names

ELEMENT LOGIC DENMARK A/S – now
ELEMENT STORAGE SYSTEMS DENMARK A/S –
ELEMENT STORAGE SYSTEM A/S –

Employees per year

Number of employees at ELEMENT LOGIC DENMARK A/S per year122006: 120062007: 120072008: 220082009: 020092018: 12018

Other companies at the same address

Similar companies in Odense

Questions and answers about ELEMENT LOGIC DENMARK A/S

Has ELEMENT LOGIC DENMARK A/S gone bankrupt?

No, ELEMENT LOGIC DENMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ELEMENT LOGIC DENMARK A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of ELEMENT LOGIC DENMARK A/S?

ELEMENT LOGIC DENMARK A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ELEMENT LOGIC DENMARK A/S founded?

ELEMENT LOGIC DENMARK A/S was founded on 30 August 2006.

What is the equity of ELEMENT LOGIC DENMARK A/S?

Equity was DKK 30.0m 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.