Nordic Electric A/S

CVR 44717719 · Public limited company (A/S) · Active · Low risk

Nordic Electric A/S is a Public limited company (A/S), founded on , based in Hedensted. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 658k. CEO: Rasmus Vesterbye Wulff, Jakob Holmgaard Toft.

Bankruptcy risk for Nordic Electric A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44717719
Status
Active
Company type
Public limited company (A/S)
Founded
(2 years)
Address
Lundagervej 4
8722 Hedensted
Municipality
Hedensted
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio35.2%
Current ratio147%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.6mDKK 792k
Net profitDKK 658kDKK 131k
EquityDKK 1.2mDKK 531k
Total assetsDKK 3.4mDKK 2.2m
CashDKK 1.1mDKK 697k
Short-term debtDKK 2.1mDKK 1.7m
Tax owedDKK 143kDKK 54k
Avg. employees22

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
21 Mar 2024 – 31 Dec 202493

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
CEORasmus Vesterbye WulffCurrent
CEOJakob Holmgaard ToftCurrent
BoardFlemming Thygesen WulffCurrent
BoardSteffen HansenCurrent
BoardJakob Holmgaard ToftCurrent
BoardRasmus Vesterbye Wulff
Owner (50%)Wulff Group A/SCurrent
Owner (15%)Steffen H. Invest ApSCurrent
Owner (25%)Holmgaard Invest ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
FounderWulff Group A/SCurrent
FounderSteffen H. Invest ApSCurrent
FounderHolmgaard Invest ApSCurrent

The CEOs' other companies

Rasmus Vesterbye Wulff – 25 other companies, of which 3 bankrupt

Jakob Holmgaard Toft – 1 other companies

Address history (1 moves)

Lundagervej 4, 8722 Hedensted
Lundagervej 4, 8722 Hedensted

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Nordic Electric A/S

Has Nordic Electric A/S gone bankrupt?

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

What is the bankruptcy risk of Nordic Electric A/S?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Nordic Electric A/S?

Rasmus Vesterbye Wulff, Jakob Holmgaard Toft are the CEOs of Nordic Electric A/S.

Who is the auditor of Nordic Electric A/S?

Nordic Electric A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Nordic Electric A/S founded?

Nordic Electric A/S was founded on 21 March 2024.

What is the equity of Nordic Electric A/S?

Equity was DKK 1.2m 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.