MIDTVEST-EL A/S

CVR 31874866 · Public limited company (A/S) · Active · Low risk

MIDTVEST-EL A/S is a Public limited company (A/S), founded on , based in Ikast. 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 0.0 times the average for Danish companies. 17 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 May 2026) shows equity of DKK 1.3m and a net result of DKK 115k.

Bankruptcy risk for MIDTVEST-EL A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
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
31874866
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Orionvej 14D
7430 Ikast
Municipality
Ikast-Brande
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio50.9%
Current ratio201%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK 2.6mDKK 2.5m
Net profitDKK 115kDKK 36k
EquityDKK 1.3mDKK 1.2m
Total assetsDKK 2.5mDKK 2.1m
CashDKK 140k–
Short-term debtDKK 1.2m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2025 – 31 May 2026113
1 Jun 2024 – 31 May 2025177
1 Jun 2023 – 31 May 2024157
1 Jun 2022 – 31 May 2023190 Late
1 Jun 2021 – 31 May 2022170
1 Jun 2020 – 31 May 2021150
1 Jun 2019 – 31 May 2020163
1 Jun 2018 – 31 May 2019157
1 Jun 2017 – 31 May 2018160
1 Jun 2016 – 31 May 2017148
1 Jun 2015 – 31 May 2016126
1 Jun 2014 – 31 May 2015158
1 Jun 2013 – 31 May 2014163
1 Jun 2012 – 31 May 2013153
1 Jun 2011 – 31 May 2012173
1 Jun 2010 – 31 May 2011155
3 Dec 2008 – 31 May 2010154

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
CEOFlemming Erik Bønding
BoardPreben JosefsenCurrent
BoardBoye ChristensenCurrent
BoardPia Kirk BendixenCurrent
BoardHelle Harregaard PoulsenCurrent
BoardFlemming Erik Bønding
BoardSteffan Høj Dietz
Owner (50%)PREBEN JOSEFSEN HOLDING ApSCurrent
Owner (50%)BOYE CHRISTENSEN HOLDING ApSCurrent
Owner (33%)PREBEN JOSEFSEN HOLDING ApS
Owner (33%)BOYE CHRISTENSEN HOLDING ApS
Owner (33%)SHK IKAST HOLDING ApS
AuditorANKER HØST REGISTRERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFLEMMING BØNDING HOLDING ApSCurrent
FounderPREBEN JOSEFSEN HOLDING ApSCurrent
FounderBOYE CHRISTENSEN HOLDING ApSCurrent

The CEOs' other companies

Flemming Erik Bønding – 1 other companies

Address history (1 moves)

Orionvej 14D, 7430 Ikast
Falkevej 2, 7430 Ikast

Employees per year

Number of employees at MIDTVEST-EL A/S per year242011: 320112012: 320122013: 420132014: 420142015: 420152016: 420162017: 420172018: 42018

Similar companies in Ikast-Brande

Questions and answers about MIDTVEST-EL A/S

Has MIDTVEST-EL A/S gone bankrupt?

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

What is the bankruptcy risk of MIDTVEST-EL 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 MIDTVEST-EL A/S?

MIDTVEST-EL A/S most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was MIDTVEST-EL A/S founded?

MIDTVEST-EL A/S was founded on 3 December 2008.

What is the equity of MIDTVEST-EL A/S?

Equity was DKK 1.3m according to the annual report for the period ending 31 May 2026.

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