WESTERGAARD EL A/S

CVR 31576768 · Public limited company (A/S) · Active · Low risk

WESTERGAARD EL A/S is a Public limited company (A/S), founded on , based in Sønder Omme. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.1m and a net result of DKK 727k. CEO: Kenneth Thomsen.

Bankruptcy risk for WESTERGAARD EL A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
31576768
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Hovedgaden 31
7260 Sønder Omme
Municipality
Billund
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
9 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio48.1%
Current ratio161%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.1mDKK 5.4mDKK 8.8m
Net profitDKK 727kDKK 152kDKK 2.1m
EquityDKK 4.1mDKK 3.4mDKK 4.3m
Total assetsDKK 8.6mDKK 10.2mDKK 9.0m
CashDKK 1.3mDKK 34k–
Short-term debtDKK 3.4mDKK 5.9m–
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025131
1 Jan 2024 – 31 Dec 2024125
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018119
1 Jan 2017 – 31 Dec 2017135
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010129
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008141

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
CEOKenneth ThomsenCurrent
CEOMads Kirkskov Vestergaard
BoardPia HartmannCurrent
BoardKenneth ThomsenCurrent
BoardPatrick Hartmann ThomsenCurrent
BoardMads Kirkskov Vestergaard
BoardCamilla Korsbang Vestergaard
BoardMalene Korsbang Vestergaard
BoardJonna Korsbang Vestergaard
BoardPia Hartmann
BoardKenneth Thomsen
Owner (100%)Westergaard El Holding ApSCurrent
Owner (50%)Mads Kirkskov Vestergaard
Owner (50%)Kenneth Thomsen
Owner (100%)Kenneth Thomsen
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderMads Kirkskov VestergaardCurrent

The CEOs' other companies

Kenneth Thomsen – 1 other companies

Mads Kirkskov Vestergaard – 5 other companies

Address history (0 moves)

Hovedgaden 31, 7260 Sønder Omme

Employees per year

Number of employees at WESTERGAARD EL A/S per year592011: 520112012: 720122013: 720132014: 620142015: 620152016: 520162017: 920172018: 92018

Other companies at the same address

Similar companies in Billund

Questions and answers about WESTERGAARD EL A/S

Has WESTERGAARD EL A/S gone bankrupt?

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

What is the bankruptcy risk of WESTERGAARD EL A/S?

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

Who is the CEO of WESTERGAARD EL A/S?

Kenneth Thomsen is the CEO of WESTERGAARD EL A/S.

Who is the auditor of WESTERGAARD EL A/S?

WESTERGAARD EL A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was WESTERGAARD EL A/S founded?

WESTERGAARD EL A/S was founded on 27 June 2008.

What is the equity of WESTERGAARD EL A/S?

Equity was DKK 4.1m 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.