FUELTECH A/S

CVR 39967413 · Public limited company (A/S) · Active · Low risk

FUELTECH A/S is a Public limited company (A/S), founded on , based in Hedensted. The company is registered in the industry fremstilling af andre haner og ventiler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 127.3m and a net result of DKK 63.0m.

Bankruptcy risk for FUELTECH A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
39967413
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Kilde Alle 2
8722 Hedensted
Municipality
Hedensted
Industry
Fremstilling af andre haner og ventiler (281400)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 568k
Employees
30 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio54.2%
Current ratio210%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 416.0mDKK 298.2m
Gross profitDKK 175.4mDKK 112.8m
Net profitDKK 63.0mDKK 30.3m
EquityDKK 127.3mDKK 94.1m
Total assetsDKK 234.7mDKK 170.3m
CashDKK 1.8m–
Short-term debtDKK 98.6m–
Tax owedDKK 0–
Avg. employees132–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 202580
1 Nov 2023 – 31 Oct 202488
1 Nov 2022 – 31 Oct 202385
1 Nov 2021 – 31 Oct 202272
1 Nov 2020 – 31 Oct 202172
1 Nov 2019 – 31 Oct 202052
23 Oct 2018 – 31 Oct 201968

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
BoardJesper Teddy LokCurrent
BoardAnders EgehusCurrent
BoardIbrahim Hassan Mustafa HassanCurrent
BoardLars Jensen
BoardChristian Møller Christensen
BoardLasse Fjeldgaard
BoardKnud Lindberg Sant
BoardJens Jørgen Madsen
BoardJeppe Kiilerich Østerlund
BoardPer Nykjær Jensen
BoardThomas Synnestvedt Knudsen
BoardCarl Sinnerup Jensen
BoardKasper Gothard Beck
BoardBritt Charlotte Brogaard Røjgaard
BoardThomas Kastrup Sørensen
Owner (100%)GERTSEN & OLUFSEN A/SCurrent
Owner (100%)ELTRONIC Group A/S
Owner (90%)ELTRONIC Group A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderELTRONIC Group A/SCurrent

Address history (1 moves)

Kilde Alle 2, 8722 Hedensted
Kilde Alle 4, 8722 Hedensted

Former names

FUELTECH A/S – now
ELTRONIC FUELTECH A/S –

Employees per year

Number of employees at FUELTECH A/S per year15302018: 302018

Questions and answers about FUELTECH A/S

Has FUELTECH A/S gone bankrupt?

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

What is the bankruptcy risk of FUELTECH A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of FUELTECH A/S?

FUELTECH A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was FUELTECH A/S founded?

FUELTECH A/S was founded on 23 October 2018.

What is the equity of FUELTECH A/S?

Equity was DKK 127.3m according to the annual report for the period ending 31 October 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.