Navitas Grid A/S
CVR 31894522 · Public limited company (A/S) · Active · High risk
Navitas Grid A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 17 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.4m and a net result of DKK -5.9m. CEO: Kasper Ova Sivebæk.
Bankruptcy risk for Navitas Grid A/S
4.6 × the average (1.41%) · higher risk than 94% of active Danish companies
Increases the risk
Reduces the risk
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
- 31894522
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (17 years)
- Address
- Borupvang 3
2750 Ballerup - Municipality
- Ballerup
- Industry
- El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 5.0m
- Employees
- 36 (2011)
- Auditor
- HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 17 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 62.7% |
| Current ratio | 96% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 10 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 150 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 330k | DKK -2.4m |
| Net profit | DKK -5.9m | DKK -14.3m |
| Equity | DKK 11.4m | DKK 31.5m |
| Total assets | DKK 18.1m | DKK 34.7m |
| Cash | DKK 3.1m | – |
| Short-term debt | DKK 6.8m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 196 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 183 | ||
| 1 Jan 2023 – 31 Dec 2023 | 184 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 177 | ||
| 1 Jan 2021 – 31 Dec 2021 | 160 | ||
| 1 Jan 2020 – 31 Dec 2020 | 154 | ||
| 1 Jan 2019 – 31 Dec 2019 | 93 | ||
| 1 Jan 2018 – 31 Dec 2018 | 142 | ||
| 1 Jan 2017 – 31 Dec 2017 | 155 | ||
| 1 Jan 2016 – 31 Dec 2016 | 97 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 148 | ||
| 1 Jan 2013 – 31 Dec 2013 | 147 | ||
| 1 Jan 2012 – 31 Dec 2012 | 153 | ||
| 1 Jan 2011 – 31 Dec 2011 | 131 | ||
| 1 Jan 2010 – 31 Dec 2010 | 103 | ||
| 18 Dec 2008 – 31 Dec 2009 | 146 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kasper Ova Sivebæk | Current | |
| CEO | Søren Alsing | ||
| CEO | Leonida Arendsen | ||
| CEO | Esben Baltzer Nielsen | ||
| CEO | Donald James Stewart Dawson | ||
| CEO | Faroek Ashwin Marciano Imambaks | ||
| Board | Emil Ova Sivebæk | Current | |
| Board | Lok Raj Sharma | Current | |
| Board | Kasper Ova Sivebæk | Current | |
| Board | Bing Bai | Current | |
| Board | Jane Egebjerg Andersen | ||
| Board | Jan Henrik Samuelsson Valgma | ||
| Board | Sjur Jensen | ||
| Board | Stephen Asplin | ||
| Board | Penelope Annett Andersen | ||
| Board | Jochen Winter | ||
| Board | Jochen Martin Stoewahse | ||
| Board | Carlo Henze | ||
| Board | Helle Herk-Hansen | ||
| Board | Jesper Karpsen | ||
| Board | Anna Maria Elisabet Lindberg | ||
| Board | Tyko Rolf Torbjörn Johansson | ||
| Board | Donald James Stewart Dawson | ||
| Board | Helle Herk-Hansen | ||
| Board | Donald James Stewart Dawson | ||
| Board | Helle Herk-Hansen | ||
| Board | Faroek Ashwin Marciano Imambaks | ||
| Board | Ingela Birgitta Hålling | ||
| Owner (100%) | Navitas Digital Heat ApS | Current | |
| Owner (100%) | VATTENFALL ENERGY TRADING A/S | ||
| Owner (100%) | Vattenfall AB | ||
| Auditor | HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED | Current | |
| Auditor | EY Danmark A/S | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | VATTENFALL ENERGY TRADING A/S | Current |
The CEOs' other companies
Kasper Ova Sivebæk – 4 other companies
- Navitas Core One ApS Active
- Navitas DC ApS Active
- Navitas Digital Heat ApS Active
- Sivebaek Holding ApS Active
Søren Alsing – 6 other companies
- CAG COHEN & MARTENS A/S Opløst
- CAG LAN INTERNATIONAL A/S Opløst
- EMINERAL A/S Active
- ENSTED BULK TERMINAL A/S Fusioneret
- PSI SYSTEMS A/S Opløst
- VATTENFALL ENERGY TRADING A/S Fusioneret
Address history (4 moves)
| Borupvang 3, 2750 Ballerup | |
| Ørestads Boulevard 108, 18., 2300 København S | |
| Havneholmen 29, 5., 1561 København V | |
| c/o Vattenfall Energy Trading A/S, Havneholmen 29, 1561 København V | |
| c/o Vattenfall A/S, Støberigade 14, 2450 København SV |
Former names
| Navitas Grid A/S | – now |
| Vattenfall Network Solutions A/S | – |
| VT SHIPPING A/S | – |
Employees per year
Other companies at the same address
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- ATONOMICS A/S Bankrupt
- AZIGN BIOSCIENCE A/S Bankrupt
- Anpartsselskabet af 2. maj 2018 Bankrupt
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- Bygge Op ApS Bankrupt
- CBV Kursus IVS Bankrupt
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- DEA Holding IVS Bankrupt
- DFU 2020 ApS Bankrupt
- Dexceo Denmark ApS Bankrupt
- Dexceo Holding ApS Bankrupt
- Digikiddie IVS Bankrupt
- Ejendomsselskab Nordjylland IVS Bankrupt
- EndoPharm ApS Bankrupt
- Fibona Acoustics ApS Bankrupt
- Green Light Candy IVS Bankrupt
- Green Light Events ApS Bankrupt
- IQ-TECHDEAL IVS Bankrupt
- Just Sold af 2018 ApS Bankrupt
- KJT Company IVS Bankrupt
- Loop Food A/S Bankrupt
- Loop Food Holding ApS Bankrupt
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Questions and answers about Navitas Grid A/S
Has Navitas Grid A/S gone bankrupt?
No, Navitas Grid A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Navitas Grid A/S?
Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.
Who is the CEO of Navitas Grid A/S?
Kasper Ova Sivebæk is the CEO of Navitas Grid A/S.
Who is the auditor of Navitas Grid A/S?
Navitas Grid A/S most recently used HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED.
When was Navitas Grid A/S founded?
Navitas Grid A/S was founded on 18 December 2008.
What is the equity of Navitas Grid A/S?
Equity was DKK 11.4m 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.