ARMATEC A/S

CVR 42685313 · Public limited company (A/S) · Active · Low risk

ARMATEC A/S is a Public limited company (A/S), founded on , based in Glostrup. The company is registered in the industry engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 53.2m and a net result of DKK 28.0m. CEO: Jens Stig Brammer.

Bankruptcy risk for ARMATEC 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · 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
42685313
Status
Active
Company type
Public limited company (A/S)
Founded
(53 years)
Address
Mjølnersvej 4
2600 Glostrup
Municipality
Glostrup
Industry
Engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter (466300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.5m
Employees
35 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio55.7%
Current ratio240%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 88.4mDKK 80.6mDKK 70.4m
Net profitDKK 28.0mDKK 23.4mDKK 18.2m
EquityDKK 53.2mDKK 48.2mDKK 42.8m
Total assetsDKK 95.6mDKK 83.7mDKK 73.0m
CashDKK 40kDKK 99k–
Short-term debtDKK 39.0mDKK 32.0m–
Tax owedDKK 10.7mDKK 7.2m–
Avg. employees6163–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202582
1 Jan 2024 – 31 Dec 202471
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202276
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 202071
1 Jan 2019 – 31 Dec 201973
1 Jan 2018 – 31 Dec 201888
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 2016110
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 2014102
1 Jan 2013 – 31 Dec 201364
1 Jan 2012 – 31 Dec 201295
1 Jan 2011 – 31 Dec 201154
1 Jan 2010 – 31 Dec 201076
1 Jan 2009 – 31 Dec 200969
1 Jan 2008 – 31 Dec 200877
1 Jan 2007 – 31 Dec 200773
1 Jan 2006 – 31 Dec 200685

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
CEOJens Stig BrammerCurrent
CEOArne John Noesgaard
CEOJørgen Aage Nielsen
BoardJens Stig BrammerCurrent
BoardSven Fredrik SkarpCurrent
BoardCarina Herholdt JensenCurrent
BoardJohannes Albin HallmannCurrent
BoardJacob Hjortshøj
BoardHenrik Lisberg Nielsen
BoardJytte Margrethe Nielsen
BoardArne John Noesgaard
BoardJørgen Aage Nielsen
BoardPer Yngve Hallberg
BoardEric Hielte
BoardLennart Per Helge Sjögren
BoardSten Anders Fraggstedt
BoardHans Ramér
BoardSten Anders Fraggstedt
BoardSteffen Knudsen
BoardJonas Victorsson
BoardLars Peter Agne Ihrfelt
BoardEva Irene Karlsson
BoardLennart Andreas Bohlin
BoardJan Fredrik Ståhl
BoardRoy Anders Nygren
BoardMichael Brinch Sørensen
Owner (100%)Flow Technology ERG ABCurrent
Owner (100%)Armatec AB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorI DAG, HERLEV ApS
AuditorREVISORERNE I HILLERØD A/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Jens Stig Brammer – 3 other companies

Arne John Noesgaard – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Mjølnersvej 4, 2600 Glostrup
Møllevej 15, 2990 Nivå

Former names

ARMATEC A/S – now
JØRGEN A. NIELSEN A/S –

Employees per year

Number of employees at ARMATEC A/S per year18352011: 2720112012: 3220122013: 3120132014: 2920142015: 3020152016: 3220162017: 3320172018: 352018

Other companies at the same address

Questions and answers about ARMATEC A/S

Has ARMATEC A/S gone bankrupt?

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

What is the bankruptcy risk of ARMATEC 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 ARMATEC A/S?

Jens Stig Brammer is the CEO of ARMATEC A/S.

Who is the auditor of ARMATEC A/S?

ARMATEC A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ARMATEC A/S founded?

ARMATEC A/S was founded on 18 December 1972.

What is the equity of ARMATEC A/S?

Equity was DKK 53.2m 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.