MOVOTEC A/S

CVR 34575495 · Public limited company (A/S) · Active · Medium risk

MOVOTEC A/S is a Public limited company (A/S), founded on , based in Aalborg SV. The company is registered in the industry fremstilling af instrumenter og udstyr til måling, afprøvning og navigation. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1,202 and a net result of DKK -9,391.

Bankruptcy risk for MOVOTEC A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
34575495
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Thorndahlsvej 3
9200 Aalborg SV
Municipality
Aalborg
Industry
Fremstilling af instrumenter og udstyr til måling, afprøvning og navigation (265100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 500k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio1.8%
Current ratio102%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -9,779DKK 1,139
Net profitDKK -9,391DKK -3,650
EquityDKK 1,202DKK 11k
Total assetsDKK 67kDKK 93k
CashDKK 2,586–
Short-term debtDKK 66k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 202085
1 Jan 2019 – 31 Dec 201978
1 Jan 2018 – 31 Dec 201873
1 Jan 2017 – 31 Dec 201780
1 Jan 2016 – 31 Dec 201667
1 Jan 2015 – 31 Dec 201589
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 201393
3 May 2012 – 31 Dec 2012150

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
CEOCarl Erik Jørgensen
CEOJohnny Erik Westergaard
CEOPeter Lindegaard
BoardMorten Kristian HauglandCurrent
BoardChristian Peter ChristiansenCurrent
BoardBente Brobæk ChristiansenCurrent
BoardSteen Palle Petersen
BoardThomas Sinkjær
BoardPeder Esben Bilde
BoardCarl Erik Jørgensen
BoardNiels Jesper Jespersen Jensen
BoardKirsten Annette Smedegaard Andersen
BoardPeter Lindegaard
BoardThomas Sinkjær
Owner (100%)Nordic-Neurostim ApSCurrent
Owner (50%)FONDEN FOR HELENE ELSASS CENTERET
Owner (33%)Styrelsen for Forskning og Uddannelse
Owner (5%)BOREAN INNOVATION A/S
Owner (100%)Elsass Fonden
AuditorEY Godkendt Revisionspartnerselskab
FounderNOVI INNOVATION A/SCurrent
FounderFONDEN FOR HELENE ELSASS CENTERETCurrent
FounderStyrelsen for Forskning og UddannelseCurrent

The CEOs' other companies

Carl Erik Jørgensen – 37 other companies, of which 8 bankrupt

Johnny Erik Westergaard – 3 other companies, of which 1 bankrupt

Peter Lindegaard – 41 other companies, of which 1 bankrupt

Address history (2 moves)

Thorndahlsvej 3, 9200 Aalborg SV
Agern Alle 3, 2970 Hørsholm
Holmegårdsvej 28, 2920 Charlottenlund

Former names

MOVOTEC A/S – now
PSAD A/S –

Employees per year

Number of employees at MOVOTEC A/S per year242012: 120122013: 220132014: 320142015: 320152016: 420162017: 020172018: 02018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about MOVOTEC A/S

Has MOVOTEC A/S gone bankrupt?

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

What is the bankruptcy risk of MOVOTEC A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

When was MOVOTEC A/S founded?

MOVOTEC A/S was founded on 3 May 2012.

What is the equity of MOVOTEC A/S?

Equity was DKK 1,202 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.