ELVSTRØM SAILS A/S

CVR 50766713 · Public limited company (A/S) · Active · Low risk

ELVSTRØM SAILS A/S is a Public limited company (A/S), founded on , based in Aabenraa. The company is registered in the industry fremstilling af tekstiler til husholdningsbrug og færdige boligtekstiler. 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 (30 Sep 2025) shows equity of DKK 64.9m and a net result of DKK -3.4m.

Bankruptcy risk for ELVSTRØM SAILS 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's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
50766713
Status
Active
Company type
Public limited company (A/S)
Founded
(63 years)
Address
Paul Elvstrøms Vej 4
6200 Aabenraa
Municipality
Aabenraa
Industry
Fremstilling af tekstiler til husholdningsbrug og færdige boligtekstiler (139200)
Bankruptcies in the industry: Fremstilling af boligtekstiler
Share capital
DKK 4.1m
Employees
72 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio61.1%
Current ratio158%
Moves (last 2 years)0
CEO changes in total21
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 34.3mDKK 36.2mDKK 40.7m
Net profitDKK -3.4mDKK -80kDKK 7.4m
EquityDKK 64.9mDKK 68.1mDKK 68.4m
Total assetsDKK 106.2mDKK 106.8mDKK 118.8m
CashDKK 1.2mDKK 695k–
Short-term debtDKK 41.3mDKK 38.6m–
Tax owedDKK 94k––
Avg. employees6575–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202572
1 Oct 2023 – 30 Sep 202478
1 Oct 2022 – 30 Sep 202381
1 Oct 2021 – 30 Sep 2022154
1 Oct 2020 – 30 Sep 2021127
1 Oct 2019 – 30 Sep 202082
1 Oct 2018 – 30 Sep 201990
1 Oct 2017 – 30 Sep 201895
1 Oct 2016 – 30 Sep 2017125
1 Oct 2015 – 30 Sep 201682
1 Oct 2014 – 30 Sep 201599
1 Oct 2013 – 30 Sep 2014107
1 Oct 2012 – 30 Sep 2013158
1 Oct 2011 – 30 Sep 2012163
1 Oct 2010 – 30 Sep 2011117
1 Oct 2009 – 30 Sep 2010158
1 Oct 2008 – 30 Sep 2009118
1 Oct 2007 – 30 Sep 2008149
1 Oct 2006 – 30 Sep 2007106
1 Oct 2005 – 30 Sep 200672

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
CEOSusan Olsen
CEONiels Foss
CEOFlemming Ritz Christensen
CEOClaus Olsen
CEOAndrew Philip Smith
CEOJesper Bank
CEOEspen Kristoffer Kamperhaug
CEOPer Schram Weiskvist
CEOKristian Eidnes Andersen
CEOMorten Gantriis Sørensen
CEOJens Ole Lang-Tandrup
BoardPreben Terp-NielsenCurrent
BoardThomas Wilkens AndersenCurrent
BoardJesper SeierCurrent
BoardJens Christian Terp-Nielsen
BoardSøren Olsen
BoardSusanne Olsen
BoardOluf Jørgensen
BoardTove Mariane Kjær Olsen
BoardClaus Olsen
BoardAlexander Jardine Goodall
BoardPeer Abraham Kruuse
BoardSusan Olsen
BoardPreben Terp-Nielsen
BoardPeter Dahl
BoardNiels Foss
BoardColin David Wall
BoardAndrew Philip Smith
BoardPeter Christian Jørgensen
BoardAndrew Philip Smith
BoardPeggy Stokholm Jørgensen
BoardClaus Olsen
BoardJesper Bank
BoardJens Ole Lang-Tandrup
BoardEspen Kristoffer Kamperhaug
Owner (50%)ABENA HOLDING A/SCurrent
Owner (50%)FA Investment ApSCurrent
Owner (33%)ABENA HOLDING A/S
Owner (33%)FA Investment ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorKpmg C Jespersen I/S
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Niels Foss – 18 other companies, of which 2 bankrupt

Flemming Ritz Christensen – 3 other companies

Claus Olsen – 8 other companies

Andrew Philip Smith – 2 other companies

Jesper Bank – 9 other companies, of which 2 bankrupt

Per Schram Weiskvist – 7 other companies

Kristian Eidnes Andersen – 29 other companies

Morten Gantriis Sørensen – 1 other companies

Jens Ole Lang-Tandrup – 7 other companies

Address history (2 moves)

Paul Elvstrøms Vej 4, 6200 Aabenraa
Paul Elvstrøms Vej 4, 6200 Aabenraa
Uglekær 1, 6200 Aabenraa

Former names

ELVSTRØM SAILS A/S – now
ELVSTRÖM SAILS A/S –
ELVSTRØM SAILS A/S –
DKC A/S –
HENNING OLSEN YACHTING A/S –

Employees per year

Number of employees at ELVSTRØM SAILS A/S per year40802011: 5120112012: 4420122013: 7320132014: 6620142015: 6820152016: 7220162017: 8020172018: 722018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about ELVSTRØM SAILS A/S

Has ELVSTRØM SAILS A/S gone bankrupt?

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

What is the bankruptcy risk of ELVSTRØM SAILS 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 ELVSTRØM SAILS A/S?

ELVSTRØM SAILS A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ELVSTRØM SAILS A/S founded?

ELVSTRØM SAILS A/S was founded on 29 November 1962.

What is the equity of ELVSTRØM SAILS A/S?

Equity was DKK 64.9m 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.