VEST-EL A/S

CVR 34876894 · Public limited company (A/S) · Active · Low risk

VEST-EL A/S is a Public limited company (A/S), founded on , based in Hvide Sande. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 31.3m and a net result of DKK 8.1m. CEO: Kasper Obel Stie Byskov, Steen Møller Christensen.

Bankruptcy risk for VEST-EL A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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
34876894
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
Nordhavnskaj 2
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 719k
Employees
40 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio62.3%
Current ratio301%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 42.5mDKK 45.4m
Net profitDKK 8.1mDKK 13.9m
EquityDKK 31.3mDKK 23.8m
Total assetsDKK 50.3mDKK 38.5m
CashDKK 142k–
Short-term debtDKK 16.4m–
Tax owedDKK 0–
Avg. employees56–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019147
1 Jan 2018 – 31 Dec 201851
1 Jan 2017 – 31 Dec 201779
1 Jan 2016 – 31 Dec 2016101
1 Jan 2015 – 31 Dec 2015139
1 Jan 2014 – 31 Dec 2014160
3 Dec 2012 – 31 Dec 2013148

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
CEOKasper Obel Stie ByskovCurrent
CEOSteen Møller ChristensenCurrent
CEONiels Jørgen Kaalund Winther
CEOMads Rosendahl
CEOOle Enevoldsen
CEOJacob Engsig Fjord-Frandsen
BoardPeter FrandsenCurrent
BoardJesper Lynge JensenCurrent
BoardTorben JessenCurrent
BoardNiels Jørgen Kaalund Winther
BoardJohnny Bent Jensen
BoardMads Rosendahl
BoardJesper Mølgaard Spørring
BoardJacob Engsig Fjord-Frandsen
BoardOle Enevoldsen
BoardJesper Mølgaard Spørring
BoardSteen Møller Christensen
BoardKasper Obel Stie Byskov
BoardHelmer Nicolaj Graversen
Owner (100%)InstallatørGruppen Danmark ApSCurrent
Owner (10%)JEFF HOLDING ApS
Owner (25%)SUNIW HOLDING ApS
Owner (20%)MADRO ApS
Owner (20%)SVARRER HOLDING ApS
Owner (20%)M&J SPØRRING ApS
Owner (20%)JEFF HOLDING ApS
Owner (10%)SUNIW HOLDING ApS
Owner (20%)MADRO ApS
Owner (20%)M&J SPØRRING ApS
Owner (20%)FAHL HOLDING, HVIDE SANDE ApS
Owner (10%)MADRO ApS
Owner (10%)Steen C. Holding ApS
Owner (20%)Steen C. Holding ApS
Owner (25%)JEFF HOLDING ApS
Owner (25%)M&J SPØRRING ApS
Owner (25%)FAHL HOLDING, HVIDE SANDE ApS
Owner (25%)Steen C. Holding ApS
Owner (20%)TSR HOLDING ApS
Owner (20%)JEFF HOLDING ApS
Owner (20%)M&J SPØRRING ApS
Owner (20%)FAHL HOLDING, HVIDE SANDE ApS
Owner (20%)Steen C. Holding ApS
Owner (10%)FAHL HOLDING, HVIDE SANDE ApS
Owner (10%)HTSS Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJEFF HOLDING ApSCurrent
FounderSUNIW HOLDING ApSCurrent
FounderMADRO ApSCurrent
FounderSVARRER HOLDING ApSCurrent
FounderM&J SPØRRING ApSCurrent

The CEOs' other companies

Kasper Obel Stie Byskov – 8 other companies

Steen Møller Christensen – 3 other companies

Niels Jørgen Kaalund Winther – 2 other companies

Mads Rosendahl – 3 other companies

Ole Enevoldsen – 3 other companies

Jacob Engsig Fjord-Frandsen – 3 other companies

Address history (0 moves)

Nordhavnskaj 2, 6960 Hvide Sande

Former names

VEST-EL A/S – now
VEST-EL HVIDE SANDE A/S –

Employees per year

Number of employees at VEST-EL A/S per year20402013: 2320132014: 2420142015: 3520152016: 3020162017: 3520172018: 402018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about VEST-EL A/S

Has VEST-EL A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of VEST-EL A/S?

Kasper Obel Stie Byskov, Steen Møller Christensen are the CEOs of VEST-EL A/S.

Who is the auditor of VEST-EL A/S?

VEST-EL A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was VEST-EL A/S founded?

VEST-EL A/S was founded on 3 December 2012.

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

Equity was DKK 31.3m 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.