NORAD A/S

CVR 36438916 · Public limited company (A/S) · Active · Low risk

NORAD A/S is a Public limited company (A/S), founded on , based in Skødstrup. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 31.4m and a net result of DKK 14.5m.

Bankruptcy risk for NORAD A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
36438916
Status
Active
Company type
Public limited company (A/S)
Founded
(50 years)
Address
Ved Skoven 35
8541 Skødstrup
Municipality
Aarhus
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
7 (2018)
Auditor
Advosion, Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 30
Missing annual reportNo
Negative equityNo
Equity ratio39.9%
Current ratio185%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 30.3mDKK 22.4m
Net profitDKK 14.5mDKK 10.7m
EquityDKK 31.4mDKK 34.9m
Total assetsDKK 78.7mDKK 70.6m
CashDKK 25.1m–
Short-term debtDKK 41.2m–
Tax owedDKK 3.8m–
Avg. employees13–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ADVOSION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023189 Late
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019166
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017149
1 May 2015 – 30 Apr 2016158
1 May 2014 – 30 Apr 2015155
1 May 2013 – 30 Apr 2014161
1 May 2012 – 30 Apr 201373
1 May 2011 – 30 Apr 2012159
1 May 2010 – 30 Apr 201172
1 May 2009 – 30 Apr 2010165
1 May 2008 – 30 Apr 2009125
1 May 2007 – 30 Apr 2008152
1 May 2006 – 30 Apr 2007154
1 May 2005 – 30 Apr 2006129

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
CEOSvend Sørensen
CEOLars Laustsen Gleerup
BoardRasmus Gleerup AndresenCurrent
BoardMikkel Gleerup ByrialsenCurrent
BoardPia GleerupCurrent
BoardLars Laustsen GleerupCurrent
BoardKamma Maagaard
BoardJesper Wilhelm Bo Langsted
BoardSvend Sørensen
BoardMichael Rasmus Bek
BoardPia Gleerup
BoardLars Laustsen Gleerup
BoardKlaus Langgaard Thomsen
BoardJørgen Lindberg
BoardPia Gleerup
Owner (100%)Kalmar Group A/SCurrent
Owner (100%)TELLUS HOLDING ApS
Owner (100%)Martellin Gruppen A/S
AuditorAdvosion, Statsautoriseret RevisionspartnerselskabCurrent
AuditorREVISION NORD A/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Svend Sørensen – 25 other companies, of which 4 bankrupt

Lars Laustsen Gleerup – 19 other companies, of which 1 bankrupt

Address history (6 moves)

Ved Skoven 35, 8541 Skødstrup
Ved Skoven 35, 8541 Skødstrup
Grenåvej 955, 8541 Skødstrup
Grenåvej 955, 1., 8541 Skødstrup
Viengevej 2, 8240 Risskov
Frederikshavnsvej 74, 9800 Hjørring
Frederikshavnsvej 74, 9800 Hjørring

Former names

NORAD A/S – now
NORAD A/S. SPECIALELEKTRONIK –

Employees per year

Number of employees at NORAD A/S per year482011: 420112012: 520122013: 720132014: 820142015: 820152016: 720162017: 720172018: 72018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about NORAD A/S

Has NORAD A/S gone bankrupt?

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

What is the bankruptcy risk of NORAD A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of NORAD A/S?

NORAD A/S most recently used Advosion, Statsautoriseret Revisionspartnerselskab.

When was NORAD A/S founded?

NORAD A/S was founded on 25 November 1975.

What is the equity of NORAD A/S?

Equity was DKK 31.4m 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.