EMHART HARTTUNG A/S

CVR 38957228 · Public limited company (A/S) · Active · Low risk

EMHART HARTTUNG A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry engroshandel med værktøjsmaskiner. 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 10 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.9m and a net result of DKK 11.3m. CEO: Kristian Mathias Paulsen.

Bankruptcy risk for EMHART HARTTUNG 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 year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38957228
Status
Active
Company type
Public limited company (A/S)
Founded
(54 years)
Address
c/o Stanley Black & Decker, Havnegade 39
1058 København K
Municipality
København
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 29.8m
Employees
4 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late15 of 31
Missing annual reportNo
Negative equityYes
Equity ratio-1.6%
Current ratio154%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address221
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 2.1mDKK 2.7m
Net profitDKK 11.3mDKK -8.4mDKK 2.8m
EquityDKK -4.9mDKK -16.1mDKK -7.7m
Total assetsDKK 304.2mDKK 272.0mDKK 248.3m
CashDKK 193kDKK 200k–
Short-term debtDKK 197.5mDKK 167.5m–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020202 Late
1 Jan 2019 – 31 Dec 2019275 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017183
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015188 Late
1 Jan 2014 – 31 Dec 2014203 Late
1 Jan 2013 – 31 Dec 2013205 Late
1 Jan 2012 – 31 Dec 2012294 Late
1 Jan 2011 – 31 Dec 2011205 Late
1 Jan 2010 – 31 Dec 2010174
1 Jan 2009 – 31 Dec 2009180
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006176

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
CEOKristian Mathias PaulsenCurrent
CEOPer Faartoft
CEOOle Lund Baltzersen
CEOBryan McGinity
CEOTorbjørn Joys Guthe
CEOAnette Perch
CEODick Johan Nuesink
CEOAmit Kumar Sood
CEOJohn William Ross
BoardDonald James RiccitelliCurrent
BoardClaude MeyerCurrent
BoardKristian Mathias PaulsenCurrent
BoardMogens Skipper-Pedersen
BoardPer Faartoft
BoardOle Lund Baltzersen
BoardInger Ammentorp Evans
BoardPoul Arthur Gustafson
BoardBryan McGinity
BoardKarl Ernst Gunnar Nilsson
BoardTorbjørn Joys Guthe
BoardPhilip Charles Droog
BoardJohan Torstensson Ekstrand
BoardAnette Perch
BoardDennis Scott Adams
BoardErik Bjeldorf
BoardGlenn John Decker
BoardSven Kenneth Gunnar Olsson
BoardPer Thomas Dahl
BoardDick Johan Nuesink
BoardHeidi Elisabeth Madsen
BoardMark Maxwell Rothleitner
BoardMichael Anthony Tyll
BoardNatalie Ann Shields
BoardMartin William Schnurr
BoardAmit Kumar Sood
BoardDaran John Hopper
BoardAntony Prueitt
BoardKaren Maria Kane
BoardJohn William Ross
Owner (100%)Deutsche SBD Holdings LimitedCurrent
Owner (100%)Black & Decker Holdings GmbH
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Danmark A/S
AuditorDELOITTE BUSINESS CONSULTING A/S
AuditorERNST & YOUNG DENMARK P/S

The CEOs' other companies

Kristian Mathias Paulsen – 2 other companies

Per Faartoft – 3 other companies, of which 1 bankrupt

Ole Lund Baltzersen – 2 other companies

Anette Perch – 1 other companies

Address history (4 moves)

c/o Stanley Black & Decker, Havnegade 39, 1058 København K
c/o Stanley Black & Decker, Tordenskjoldsgade 34A, st., 1055 København K
c/o Stanley Black & Decker, Roskildevej 22, 2., 2620 Albertslund
Farverland 1B, 2600 Glostrup
Marielundvej 48A, 2730 Herlev

Former names

EMHART HARTTUNG A/S – now
HARTTUNG FASTENERS A/S –

Employees per year

Number of employees at EMHART HARTTUNG A/S per year11222011: 2220112012: 1920122013: 720132014: 520142015: 520152016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about EMHART HARTTUNG A/S

Has EMHART HARTTUNG A/S gone bankrupt?

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

What is the bankruptcy risk of EMHART HARTTUNG 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 CEO of EMHART HARTTUNG A/S?

Kristian Mathias Paulsen is the CEO of EMHART HARTTUNG A/S.

Who is the auditor of EMHART HARTTUNG A/S?

EMHART HARTTUNG A/S most recently used EY Godkendt Revisionspartnerselskab.

When was EMHART HARTTUNG A/S founded?

EMHART HARTTUNG A/S was founded on 31 May 1972.

What is the equity of EMHART HARTTUNG A/S?

Equity was DKK -4.9m 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.