NorSea Denmark A/S

CVR 49677715 · Public limited company (A/S) · Active · Low risk

NorSea Denmark A/S is a Public limited company (A/S), founded on , based in Esbjerg. The company is registered in the industry støtteaktiviteter i forbindelse med indvinding af råolie og naturgas. 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 56.2m and a net result of DKK 5.3m.

Bankruptcy risk for NorSea Denmark 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
49677715
Status
Active
Company type
Public limited company (A/S)
Founded
(52 years)
Address
Kanalen 1
6700 Esbjerg
Municipality
Esbjerg
Industry
Støtteaktiviteter i forbindelse med indvinding af råolie og naturgas (091000)
Bankruptcies in the industry: Serviceydelser i forbindelse med indvinding af råolie og naturgas
Share capital
DKK 15.0m
Employees
202 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio24.3%
Current ratio129%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address20
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 640.6mDKK 616.5m
Gross profitDKK 351.9mDKK 352.8m
Net profitDKK 5.3mDKK 3.5m
EquityDKK 56.2mDKK 50.9m
Total assetsDKK 231.0mDKK 196.3m
CashDKK 211k–
Short-term debtDKK 145.7m–
Avg. employees418–

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 202295
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 201766
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012129
1 Jan 2011 – 31 Dec 2011107
1 Jan 2010 – 31 Dec 2010137
1 Jan 2009 – 31 Dec 2009118
1 Jan 2008 – 31 Dec 2008137
1 Jan 2007 – 31 Dec 200799
1 Jan 2006 – 31 Dec 2006101

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
CEOGert Kragelund
BoardLars HaugCurrent
BoardØyvind BjørnevikCurrent
BoardKenneth HansenCurrent
BoardTroels Dilling
BoardErik Holtegaard
BoardHeinrich Nissen
BoardTage Andersen
BoardBent Eigil Hansen Alm
BoardKarsten Bo Wildfang
BoardKlaus Nyborg
BoardPer Flemming Stæhr
BoardMichael Villi Møller
BoardIb Fruergaard
BoardThomas Thune Andersen
BoardBent Eigil Hansen Alm
BoardRobert Sommerville Drummond
BoardTage Benedikt Bundgaard
BoardChristian Kledal
BoardUlrik Frederik Wittrock Brandt
BoardIvan Seistrup
BoardThomas Thune Andersen
BoardLars Thue Christensen
BoardChristian Gorrissen
BoardFlemming Edvard Ipsen
BoardMads Peter Zacho
BoardMikkel Brix Falkenberg
BoardKurt Normann Nielsen
BoardJacob Ditlev Federspiel
BoardViktor Ertbjerg Rasmussen
BoardJakob Røddik Thøgersen
BoardSøren Fløe Knudsen
BoardKnut Magne Johannessen
BoardJohn Egil Stangeland
BoardSteinar Modalslid-Meling
BoardSøren Friis Knudsen
BoardGert Richard Møller
BoardPeter Smidt Foss
BoardSteinar Modalslid-Meling
BoardOla Magne Thuen Neergaard
BoardLars Haug
BoardThomas Andre Vang
Owner (100%)NorSea Industrial Holdings ASCurrent
Owner (100%)Norsea Logistics AS
Owner (100%)Norsea Logistics AS
Owner (100%)Norsea Impact AS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorAksel Niels Runge Johansen
AuditorStatsaut. revisor Jørgen Frank Jacobsen
AuditorGreen IV ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorERNST & YOUNG DENMARK P/S

The CEOs' other companies

Gert Kragelund – 9 other companies

Address history (1 moves)

Kanalen 1, 6700 Esbjerg
Esplanaden 50, 1263 København K

Former names

NorSea Denmark A/S – now
NorSea Group DENMARK A/S –
DANBOR A/S –
DANBOR SERVICE A/S –

Employees per year

Number of employees at NorSea Denmark A/S per year1963912011: 39120112012: 34420122013: 35420132014: 32920142015: 34020152016: 30920162017: 19720172018: 2022018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about NorSea Denmark A/S

Has NorSea Denmark A/S gone bankrupt?

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

What is the bankruptcy risk of NorSea Denmark 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 auditor of NorSea Denmark A/S?

NorSea Denmark A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NorSea Denmark A/S founded?

NorSea Denmark A/S was founded on 3 September 1974.

What is the equity of NorSea Denmark A/S?

Equity was DKK 56.2m 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.