Vetnordic A/S

CVR 43145975 · Public limited company (A/S) · Active · High risk

Vetnordic A/S is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 3.0% over the next 12 months, which is 2.1 times the average for Danish companies. 4 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 15.5m and a net result of DKK -32.2m. CEO: Henrik Thorsen Stausland.

Bankruptcy risk for Vetnordic A/S

3.0%
probability of bankruptcy within 12 months
High risk

2.1 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×
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
43145975
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
Nyvang 15
5500 Middelfart
Municipality
Middelfart
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.1m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio40.2%
Current ratio273%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7.7mDKK -10.4mDKK -9.1m
Net profitDKK -32.2mDKK -23.6mDKK -18.4m
EquityDKK 15.5mDKK 22.7mDKK 1.4m
Total assetsDKK 38.5mDKK 42.8mDKK 27.9m
CashDKK 2.0mDKK 5.0m–
Short-term debtDKK 11.0mDKK 9.8m–
Avg. employees1913–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023183
23 Mar 2022 – 31 Dec 2022183

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
CEOHenrik Thorsen StauslandCurrent
CEOLars Rabe Tønnesen
CEOJesper Gedsø Smith
BoardMads Ivar KruuseCurrent
BoardSteen Overholdt HansenCurrent
BoardAnders ErtmannCurrent
BoardHanne Friis LundCurrent
BoardSusanne Snogdal ThyregodCurrent
BoardPeter Eriksen JensenCurrent
BoardPeter Eriksen Jensen
BoardJohn Munk Pedersen
BoardPernille Mehl
BoardSune Terp-Nielsen
BoardBritt Toft Ingvertsen
BoardSusanne Snogdal Thyregod
Owner (67%)Mik Holding 2016 ApSCurrent
Owner (5%)HTS Holding 2022 ApSCurrent
Owner (15%)FDL Family Holding ApSCurrent
Owner (100%)Mik Holding 2016 ApS
Owner (50%)Mik Holding 2016 ApS
Owner (25%)Terpnelli ApS
Owner (10%)HTS Holding 2022 ApS
Owner (67%)Mik Holding 2016 ApS
Owner (10%)Terpnelli ApS
Owner (50%)Mik Holding 2016 ApS
Owner (15%)FDL Family Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMik Holding 2016 ApSCurrent

The CEOs' other companies

Henrik Thorsen Stausland – 3 other companies

Lars Rabe Tønnesen – 59 other companies, of which 4 bankrupt

Jesper Gedsø Smith – 10 other companies

Address history (2 moves)

Nyvang 15, 5500 Middelfart
Brovejen 411, 5500 Middelfart
Karolinevej 33, 5500 Middelfart

Former names

Vetnordic A/S – now
VetNordic A/S –
MIK Udvikling A/S –

Other companies at the same address

Similar companies in Middelfart

Questions and answers about Vetnordic A/S

Has Vetnordic A/S gone bankrupt?

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

What is the bankruptcy risk of Vetnordic A/S?

Our model estimates a bankruptcy risk of 3.0% over the next 12 months (high risk), which is 2.1 times the average for Danish companies.

Who is the CEO of Vetnordic A/S?

Henrik Thorsen Stausland is the CEO of Vetnordic A/S.

Who is the auditor of Vetnordic A/S?

Vetnordic A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Vetnordic A/S founded?

Vetnordic A/S was founded on 23 March 2022.

What is the equity of Vetnordic A/S?

Equity was DKK 15.5m 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.