SAN ELECTRO HEAT A/S

CVR 42165913 · Public limited company (A/S) · Active · Low risk

SAN ELECTRO HEAT A/S is a Public limited company (A/S), founded on , based in Græsted. The company is registered in the industry fremstilling af andet elektrisk 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 86.3m and a net result of DKK 8.2m. CEO: Michael Hofman Laursen.

Bankruptcy risk for SAN ELECTRO HEAT A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
42165913
Status
Active
Company type
Public limited company (A/S)
Founded
(53 years)
Address
Gillelejevej 30B
3230 Græsted
Municipality
Gribskov
Industry
Fremstilling af andet elektrisk udstyr (279000)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 2.7m
Employees
61 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio64.9%
Current ratio94%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 37.4mDKK 40.5m
Net profitDKK 8.2mDKK 12.1m
EquityDKK 86.3mDKK 78.1m
Total assetsDKK 133.1mDKK 126.1m
CashDKK 7,873–
Short-term debtDKK 44.6m–
Tax owedDKK 265k–
Avg. employees60–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020161
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017138 Restated
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 2011108
1 Jan 2010 – 31 Dec 2010101
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008120
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006100

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
CEOMichael Hofman LaursenCurrent
CEOJørgen Kam
BoardUlf Christer FredrikssonCurrent
BoardMichael Hofman LaursenCurrent
BoardOle Steen BækbyCurrent
BoardKaj Ewald Madsen
BoardClaus Bo Nielsen
BoardSvend Aage Nielsen
BoardEthel Irene Nielsen
BoardTorsten Gert-Erik Lindquist
BoardSøren Sejer Glargaard
BoardTorsten Gert-Erik Lindquist
BoardTorsten Hansson
BoardKarsten Blume Schmidt
Owner (100%)NIBE Industrier ABCurrent
AuditorKPMG P/SCurrent
AuditorREVISIONS-AKTIESELSKABET AF 1/9 1965
AuditorFEEP A/S
AuditorPKF DENMARK STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Michael Hofman Laursen – 34 other companies, of which 7 bankrupt

Address history (1 moves)

Gillelejevej 30B, 3230 Græsted
Gillelejevej 30B, 3230 Græsted

Former names

SAN ELECTRO HEAT A/S – now
SVEND A NIELSEN. INGENIØR- & HANDELSAKTIESELSKAB –

Employees per year

Number of employees at SAN ELECTRO HEAT A/S per year34672011: 6720112012: 6420122013: 5920132014: 6320142015: 6020152016: 6320162017: 5820172018: 612018

Other companies at the same address

Similar companies in Gribskov

Questions and answers about SAN ELECTRO HEAT A/S

Has SAN ELECTRO HEAT A/S gone bankrupt?

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

What is the bankruptcy risk of SAN ELECTRO HEAT 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 SAN ELECTRO HEAT A/S?

Michael Hofman Laursen is the CEO of SAN ELECTRO HEAT A/S.

Who is the auditor of SAN ELECTRO HEAT A/S?

SAN ELECTRO HEAT A/S most recently used KPMG P/S.

When was SAN ELECTRO HEAT A/S founded?

SAN ELECTRO HEAT A/S was founded on 12 November 1972.

What is the equity of SAN ELECTRO HEAT A/S?

Equity was DKK 86.3m 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.