E Electric ApS

CVR 38451731 · Private limited company (ApS) · Active · Low risk

E Electric ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 8 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 13.0m and a net result of DKK 5.8m. CEO: Søren Frandsen.

Bankruptcy risk for E Electric ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · 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
38451731
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Skippergade 1
6700 Esbjerg
Municipality
Esbjerg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 275k
Employees
5 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio60.6%
Current ratio259%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 20.8mDKK 8.6m
Net profitDKK 5.8mDKK 2.1m
EquityDKK 13.0mDKK 7.2m
Total assetsDKK 21.4mDKK 15.4m
CashDKK 520k–
Short-term debtDKK 8.1m–
Tax owedDKK 1.9m–
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 2025103
1 Jul 2023 – 30 Jun 2024120
1 Jul 2022 – 30 Jun 2023191 Late
1 Jul 2021 – 30 Jun 2022180
1 Jul 2020 – 30 Jun 2021163
1 Jul 2019 – 30 Jun 2020140
1 Jul 2018 – 30 Jun 2019145
1 Mar 2017 – 30 Jun 2018163

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
CEOSøren FrandsenCurrent
BoardSøren FrandsenCurrent
BoardLasse Dehlendorff TherkildsenCurrent
BoardTorben MikkelsenCurrent
Owner (20%)Dehlendorff Therkildsen Holding ApSCurrent
Owner (33%)Søren Frandsen Holding ApSCurrent
Owner (33%)Nicon Holding A/SCurrent
Owner (50%)Søren Frandsen Holding ApS
Owner (10%)Jojakima Invest ApS
Owner (50%)HLJ HOLDING ESBJERG ApS
Owner (33%)HLJ HOLDING ESBJERG ApS
Owner (33%)Søren Frandsen Holding ApS
Owner (33%)Dehlendorff Therkildsen Holding ApS
Owner (25%)Nicon Holding A/S
Owner (50%)Søren Frandsen Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSøren Frandsen Holding ApSCurrent

The CEOs' other companies

Søren Frandsen – 3 other companies

Address history (4 moves)

Skippergade 1, 6700 Esbjerg
Samsøgade 2E, 6700 Esbjerg
c/o Søren Frandsen, Mølhøjvej 32B, 6705 Esbjerg Ø
c/o Søren Frandsen, Samsøgade 2E, 6700 Esbjerg
c/o Søren Frandsen, Mølhøjvej 32B, 6705 Esbjerg Ø

Former names

E Electric ApS – now
Esbjerg Electric ApS –

Employees per year

Number of employees at E Electric ApS per year352017: 220172018: 52018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about E Electric ApS

Has E Electric ApS gone bankrupt?

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

What is the bankruptcy risk of E Electric ApS?

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

Who is the CEO of E Electric ApS?

Søren Frandsen is the CEO of E Electric ApS.

Who is the auditor of E Electric ApS?

E Electric ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was E Electric ApS founded?

E Electric ApS was founded on 1 March 2017.

What is the equity of E Electric ApS?

Equity was DKK 13.0m 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.