European Energy Trading A/S

CVR 40807721 · Public limited company (A/S) · Active · Low risk

European Energy Trading A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry anden handel med elektricitet. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -17.8m and a net result of DKK 5.8m. CEO: Knud Erik Andersen.

Bankruptcy risk for European Energy Trading A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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×
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
40807721
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Gyngemose Parkvej 50
2860 Søborg
Municipality
Gladsaxe
Industry
Anden handel med elektricitet (351590)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 400k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-18.5%
Current ratio111%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address272
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 45.4mDKK 16.6mDKK 5.5m
Gross profitDKK 11.9mDKK -20.4mDKK -9.9m
Net profitDKK 5.8mDKK -15.4mDKK -10.4m
EquityDKK -17.8mDKK -16.4mDKK -1.0m
Total assetsDKK 96.1mDKK 64.8mDKK 88.9m
Short-term debtDKK 5.3mDKK 4.0m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021193 Late
20 Sep 2019 – 31 Dec 2020200 Late

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
CEOKnud Erik AndersenCurrent
BoardMikael Dystrup PedersenCurrent
BoardKnud Erik AndersenCurrent
BoardJens-Peter ZinkCurrent
Owner (100%)EUROPEAN ENERGY A/SCurrent
Owner (67%)EUROPEAN ENERGY HOLDING ApS
Owner (10%)JPZ ASSISTANCE ApS
Owner (10%)MDP INVEST ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKPMG P/S
FounderEUROPEAN ENERGY HOLDING ApSCurrent

The CEOs' other companies

Knud Erik Andersen – 54 other companies, of which 8 bankrupt

Address history (1 moves)

Gyngemose Parkvej 50, 2860 Søborg
Gyngemose Parkvej 50, 2860 Søborg

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about European Energy Trading A/S

Has European Energy Trading A/S gone bankrupt?

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

What is the bankruptcy risk of European Energy Trading A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of European Energy Trading A/S?

Knud Erik Andersen is the CEO of European Energy Trading A/S.

Who is the auditor of European Energy Trading A/S?

European Energy Trading A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was European Energy Trading A/S founded?

European Energy Trading A/S was founded on 20 September 2019.

What is the equity of European Energy Trading A/S?

Equity was DKK -17.8m 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.