ELTEC A/S

CVR 30909704 · Public limited company (A/S) · Active · High risk

ELTEC A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 18 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 683k and a net result of DKK 152k. CEO: Jes Michael Hartmann.

Bankruptcy risk for ELTEC A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
30909704
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Ydertoften 13
7400 Herning
Municipality
Herning
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 400k
Auditor
Lerfeldt Revision registreret revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityNo
Equity ratio79.5%
Current ratio–
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 249kDKK 156kDKK -253k
Net profitDKK 152kDKK 94kDKK -302k
EquityDKK 683kDKK 531kDKK 438k
Total assetsDKK 860kDKK 767kDKK 836k
CashDKK 19kDKK 11k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Lerfeldt Revision registreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024193 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018161
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015166
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013152
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009153
2 Oct 2007 – 31 Dec 2008148

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
CEOJes Michael HartmannCurrent
BoardJes Michael HartmannCurrent
BoardAdrian Miguel Østergaard DalgaardCurrent
BoardAnne Kathrine MachonCurrent
Owner (100%)J.M.HARTMANN HOLDING ApSCurrent
AuditorLERFELDT REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderJ.M.HARTMANN HOLDING ApSCurrent

The CEOs' other companies

Jes Michael Hartmann – 6 other companies, of which 2 bankrupt

Address history (3 moves)

Ydertoften 13, 7400 Herning
Gevninge Bygade 20, 4000 Roskilde
Brostrædet 1, 2640 Hedehusene
Gevninge Bygade 20, 4000 Roskilde

Former names

ELTEC A/S – now
ELTEC ApS –
CPH CAPITAL ApS –
BLUERENT ApS –
DISKOTEKERNE.DK ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about ELTEC A/S

Has ELTEC A/S gone bankrupt?

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

What is the bankruptcy risk of ELTEC A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of ELTEC A/S?

Jes Michael Hartmann is the CEO of ELTEC A/S.

Who is the auditor of ELTEC A/S?

ELTEC A/S most recently used Lerfeldt Revision registreret revisionsanpartsselskab.

When was ELTEC A/S founded?

ELTEC A/S was founded on 2 October 2007.

What is the equity of ELTEC A/S?

Equity was DKK 683k 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.