Elvstrøm Sailwear A/S

CVR 43681990 · Public limited company (A/S) · Active · Low risk

Elvstrøm Sailwear A/S is a Public limited company (A/S), founded on , based in Aabenraa. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -97k and a net result of DKK -706k.

Bankruptcy risk for Elvstrøm Sailwear 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
43681990
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Paul Elvstrøms Vej 4
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-3.2%
Current ratio97%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -29kDKK -254k
Net profitDKK -706kDKK -775k
EquityDKK -97kDKK 609k
Total assetsDKK 3.1mDKK 2.4m
CashDKK 260k–
Short-term debtDKK 3.2m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202564
1 Oct 2023 – 30 Sep 202478
2 Dec 2022 – 30 Sep 202381

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 Ole Lang-Tandrup
BoardPreben Terp-NielsenCurrent
BoardThomas Wilkens AndersenCurrent
BoardKristian Eidnes AndersenCurrent
Owner (100%)ELVSTRØM SAILS A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderELVSTRØM SAILS A/SCurrent

The CEOs' other companies

Jens Ole Lang-Tandrup – 7 other companies

Address history (0 moves)

Paul Elvstrøms Vej 4, 6200 Aabenraa

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Elvstrøm Sailwear A/S

Has Elvstrøm Sailwear A/S gone bankrupt?

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

What is the bankruptcy risk of Elvstrøm Sailwear 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 auditor of Elvstrøm Sailwear A/S?

Elvstrøm Sailwear A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Elvstrøm Sailwear A/S founded?

Elvstrøm Sailwear A/S was founded on 2 December 2022.

What is the equity of Elvstrøm Sailwear A/S?

Equity was DKK -97k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.