AB-ELCO A/S

CVR 34695806 · Public limited company (A/S) · Active · Medium risk

AB-ELCO A/S is a Public limited company (A/S), founded on , based in Ringsted. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 13 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 14.1m and a net result of DKK 3.6m. CEO: Rasmus Bjørslev Sværtekilde.

Bankruptcy risk for AB-ELCO A/S

2.0%
probability of bankruptcy within 12 months
Medium risk

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

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
34695806
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Dyssegårdsvej 23
4100 Ringsted
Municipality
Ringsted
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
62 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio31.9%
Current ratio168%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 79.9mDKK 75.4mDKK 63.0m
Net profitDKK 3.6mDKK 5.5mDKK 4.6m
EquityDKK 14.1mDKK 12.5mDKK 11.1m
Total assetsDKK 44.1mDKK 42.5mDKK 29.9m
Short-term debtDKK 23.5mDKK 25.9m–
Tax owedDKK 1.0mDKK 315k–
Avg. employees124109–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025118
1 Oct 2023 – 30 Sep 2024126
1 Oct 2022 – 30 Sep 2023120
1 Oct 2021 – 30 Sep 202292
1 Oct 2020 – 30 Sep 202184
1 Oct 2019 – 30 Sep 202086
1 Oct 2018 – 30 Sep 201984
1 Oct 2017 – 30 Sep 201888
1 Oct 2016 – 30 Sep 201783
1 Oct 2015 – 30 Sep 201699
1 Oct 2014 – 30 Sep 201590
1 Oct 2013 – 30 Sep 2014100
1 Sep 2012 – 30 Sep 201379

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
CEORasmus Bjørslev SværtekildeCurrent
CEOTomas Kudsk
BoardRasmus Bjørslev SværtekildeCurrent
BoardTomas KudskCurrent
BoardPalle MørkøreCurrent
BoardMichael BangCurrent
BoardRuben Hansen
BoardTomas Kudsk
BoardAnders Buchwald Hansen
BoardPalle Mørkøre
BoardMike Lillie Gornitzka
Owner (50%)SVÆRTEKILDE HOLDING ApSCurrent
Owner (50%)T. KUDSK HOLDING ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorCØP ApS
FounderRasmus Bjørslev SværtekildeCurrent
FounderTomas KudskCurrent

The CEOs' other companies

Rasmus Bjørslev Sværtekilde – 2 other companies

Tomas Kudsk – 1 other companies

Address history (2 moves)

Dyssegårdsvej 23, 4100 Ringsted
Dyssegårdsvej 23, 4100 Ringsted
Jættevej 17, 4100 Ringsted

Former names

AB-ELCO A/S – now
AB-ELCO ApS –

Employees per year

Number of employees at AB-ELCO A/S per year31622012: 1720122013: 4320132014: 4320142015: 5020152016: 5520162017: 5720172018: 622018

Other companies at the same address

Similar companies in Ringsted

Questions and answers about AB-ELCO A/S

Has AB-ELCO A/S gone bankrupt?

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

What is the bankruptcy risk of AB-ELCO A/S?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of AB-ELCO A/S?

Rasmus Bjørslev Sværtekilde is the CEO of AB-ELCO A/S.

Who is the auditor of AB-ELCO A/S?

AB-ELCO A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was AB-ELCO A/S founded?

AB-ELCO A/S was founded on 1 September 2012.

What is the equity of AB-ELCO A/S?

Equity was DKK 14.1m according to the annual report for the period ending 30 September 2025.

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