ELTON A/S

CVR 30898958 · Public limited company (A/S) · Active · Very high risk

ELTON A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry fremstilling af yderbeklædning. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 17 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 2.9m and a net result of DKK 267k. CEO: Ove Christiansen.

Bankruptcy risk for ELTON A/S

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · 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
30898958
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Navervej 16
7430 Ikast
Municipality
Ikast-Brande
Industry
Fremstilling af yderbeklædning (142100)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital
DKK 500k
Employees
8 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 17
Missing annual reportNo
Negative equityNo
Equity ratio36.1%
Current ratio156%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies5
Other companies at the address27
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 2.4mDKK 1.8m
Net profitDKK 267kDKK 541k
EquityDKK 2.9mDKK 2.6m
Total assetsDKK 8.0mDKK 8.1m
CashDKK 4,471–
Short-term debtDKK 5.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025210 Late
1 May 2023 – 30 Apr 2024213 Late
1 May 2022 – 30 Apr 2023199 Late
1 May 2021 – 30 Apr 2022170
1 May 2020 – 30 Apr 2021164
1 Nov 2018 – 31 Oct 2019253 Late
1 Nov 2017 – 31 Oct 2018162
1 Nov 2016 – 31 Oct 201749
1 Nov 2015 – 31 Oct 201652
1 Nov 2014 – 31 Oct 201551
1 Nov 2013 – 31 Oct 201448
1 Nov 2012 – 31 Oct 201351
1 Nov 2011 – 31 Oct 201252
1 Nov 2010 – 31 Oct 201164
1 Nov 2009 – 31 Oct 201065
1 Nov 2008 – 31 Oct 200952
1 Oct 2007 – 31 Oct 200848

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
CEOOve ChristiansenCurrent
CEOLars Utoft
CEOClaus Ingvar Harboe Bentzen
BoardPoul Ulrik GodskesenCurrent
BoardHans-Henrik GodskesenCurrent
BoardFinn GodskesenCurrent
BoardLars Utoft
BoardPeter Vinderslev
BoardBirgit Utoft
BoardKim Hansen
BoardKnud Ørgaard Nielsen
BoardThorsten Andy Madsen
BoardSøren Hampen Kristensen
BoardClaus Ingvar Harboe Bentzen
Owner (100%)PARDON CLOTHING A/SCurrent
Owner (67%)LARS UTOFT HOLDING ApS
Owner (20%)MAE ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderLARS UTOFT HOLDING ApSCurrent

The CEOs' other companies

Ove Christiansen – 18 other companies, of which 7 bankrupt

Lars Utoft – 5 other companies, of which 2 bankrupt

Claus Ingvar Harboe Bentzen – 17 other companies, of which 6 bankrupt

Address history (1 moves)

Navervej 16, 7430 Ikast
Kikkenborgvej 12, 7400 Herning

Former names

ELTON A/S – now
ELTON HERNING A/S –

Employees per year

Number of employees at ELTON A/S per year6112011: 920112012: 920122013: 1120132014: 1120142015: 1020152016: 920162017: 820172018: 82018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about ELTON A/S

Has ELTON A/S gone bankrupt?

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

What is the bankruptcy risk of ELTON A/S?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of ELTON A/S?

Ove Christiansen is the CEO of ELTON A/S.

Who is the auditor of ELTON A/S?

ELTON A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was ELTON A/S founded?

ELTON A/S was founded on 1 October 2007.

What is the equity of ELTON A/S?

Equity was DKK 2.9m according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.