VA EL ApS

CVR 35520996 · Private limited company (ApS) · Active · Low risk

VA EL ApS is a Private limited company (ApS), founded on , based in Randers SØ. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 5.2m and a net result of DKK 1.6m. CEO: Martin Nielsen.

Bankruptcy risk for VA EL ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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
35520996
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Pinborgvej 48A
8960 Randers SØ
Municipality
Randers
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 80k
Employees
16 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio45.2%
Current ratio172%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 17.9mDKK 19.9m
Net profitDKK 1.6mDKK 2.4m
EquityDKK 5.2mDKK 3.6m
Total assetsDKK 11.6mDKK 16.1m
CashDKK 1.4m–
Short-term debtDKK 6.3m–
Tax owedDKK 334k–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202585
1 Jan 2024 – 31 Dec 2024119
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 201578
17 Oct 2013 – 31 Dec 2014161

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
CEOMartin NielsenCurrent
CEORune Elgaard
BoardAnders Colding Lund PetersenCurrent
BoardMikael RubeniusCurrent
BoardMartin NielsenCurrent
BoardMichael HemickeCurrent
Owner (100%)Koble ApSCurrent
Owner (50%)Rune Elgaard
Owner (50%)Martin Nielsen
Owner (50%)R ELGAARD HOLDING ApS
Owner (50%)MARTIN HOLDING 2013 ApS
Owner (100%)MARTIN HOLDING 2013 ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderR ELGAARD HOLDING ApSCurrent
FounderMARTIN HOLDING 2013 ApSCurrent

The CEOs' other companies

Martin Nielsen – 3 other companies

Rune Elgaard – 3 other companies

Address history (2 moves)

Pinborgvej 48A, 8960 Randers SØ
Pinborgvej 50, 8960 Randers SØ
Bakkevej 1, 8960 Randers SØ

Employees per year

Number of employees at VA EL ApS per year8162013: 420132014: 620142015: 820152016: 1120162017: 1220172018: 162018

Similar companies in Randers

Questions and answers about VA EL ApS

Has VA EL ApS gone bankrupt?

No, VA EL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VA EL ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of VA EL ApS?

Martin Nielsen is the CEO of VA EL ApS.

Who is the auditor of VA EL ApS?

VA EL ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was VA EL ApS founded?

VA EL ApS was founded on 17 October 2013.

What is the equity of VA EL ApS?

Equity was DKK 5.2m 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.