North Sea Energy Island A/S

CVR 42421650 · Public limited company (A/S) · Active · Low risk

North Sea Energy Island A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry produktion af elektricitet fra vedvarende energikilder. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 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 13.3m and a net result of DKK -194k. CEO: Holger Vandel Rasmussen.

Bankruptcy risk for North Sea Energy Island 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 since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · 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
42421650
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Kraftværksvej 53
7000 Fredericia
Municipality
Fredericia
Industry
Produktion af elektricitet fra vedvarende energikilder (351200)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 1.0m
Auditor
PricewaterhouseCoopers
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio16,084%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address94
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -381kDKK -545k
Net profitDKK -194kDKK -17.2m
EquityDKK 13.3mDKK 13.5m
Total assetsDKK 13.4mDKK 13.6m
Short-term debtDKK 81k–
Avg. employees1,000–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022197 Late
25 May 2021 – 31 Dec 2021152

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
CEOHolger Vandel RasmussenCurrent
CEOSøren Tind Scherfig
CEOLasse Sundahl
BoardMartin Simon MéchaliCurrent
BoardNadia RöderCurrent
BoardArthur William Jack OkeCurrent
BoardLeif Winther
BoardPeter Lun Obling
BoardMartin Simon Méchali
BoardJesper Kühn Olesen
BoardHenriette Holm
Owner (100%)Ørsted Wind Power Holding A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderØrsted Wind Power Holding A/SCurrent

The CEOs' other companies

Holger Vandel Rasmussen – 11 other companies

Søren Tind Scherfig – 19 other companies

Lasse Sundahl – 13 other companies

Address history (1 moves)

Kraftværksvej 53, 7000 Fredericia
Kraftværksvej 53, 7000 Fredericia

Other companies at the same address

Similar companies in Fredericia

Questions and answers about North Sea Energy Island A/S

Has North Sea Energy Island A/S gone bankrupt?

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

What is the bankruptcy risk of North Sea Energy Island 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 CEO of North Sea Energy Island A/S?

Holger Vandel Rasmussen is the CEO of North Sea Energy Island A/S.

Who is the auditor of North Sea Energy Island A/S?

North Sea Energy Island A/S most recently used PricewaterhouseCoopers.

When was North Sea Energy Island A/S founded?

North Sea Energy Island A/S was founded on 25 May 2021.

What is the equity of North Sea Energy Island A/S?

Equity was DKK 13.3m 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.