NORGREN A/S

CVR 63569615 · Public limited company (A/S) · Active · Low risk

NORGREN A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry engroshandel med værktøjsmaskiner. 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, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 24.7m and a net result of DKK 16.5m.

Bankruptcy risk for NORGREN 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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
63569615
Status
Active
Company type
Public limited company (A/S)
Founded
(60 years)
Address
Borupvang 3, st.
2750 Ballerup
Municipality
Ballerup
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 4.0m
Employees
38 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio80.9%
Current ratio405%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address150
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 32.6mDKK 22.2mDKK 21.6m
Net profitDKK 16.5mDKK 3.9mDKK 4.8m
EquityDKK 24.7mDKK 8.3mDKK 9.5m
Total assetsDKK 30.6mDKK 32.5mDKK 26.0m
CashDKK 11.9mDKK 424k–
Short-term debtDKK 5.8mDKK 23.8m–
Tax owedDKK 1.1m––
Avg. employees2324–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023128
1 Jan 2022 – 31 Dec 2022129
1 Jan 2021 – 31 Dec 2021190 Late
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015139
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013204 Late
1 Jan 2012 – 31 Dec 2012206 Late
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010128
1 Jan 2009 – 31 Dec 2009111
1 Jan 2008 – 31 Dec 2008132
1 Jan 2007 – 31 Dec 2007122
1 Jan 2006 – 31 Dec 2006114

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
CEOOve Nielsen
CEOJörgen Roland Erholm
CEOJesper Bach
CEOAndrew Robert Bruce
BoardJohnny AndersenCurrent
BoardMogens Stig RasmussenCurrent
BoardAdam WrightCurrent
BoardSteen Ertberg Christensen
BoardOve Nielsen
BoardSvend Christensen
BoardNiels Jørgen Olsen
BoardPeter Eggert Eriksen
BoardJan Christensen
BoardTina Cramer Keil Nielsen
BoardJan Gilberg
BoardNiels Jørgen Olsen
BoardDavid Reginal Laurie Lyon
BoardHans Georg Cremer
BoardNicolas Campbell Paul
BoardRichard Stuart Johnson
BoardLone Becker Pedersen
BoardDavid Howard Oldham
BoardAnthony Nigel Morris
BoardJohann Stephan Stebler
BoardNiels Michael Barfod Jakobsen
BoardStephan Mey
BoardJörgen Roland Erholm
BoardEilif Radov
BoardSøren Madsen
BoardPaul Douglas Cleaver
BoardPeter Matton
BoardNiels Jørgen Olsen
BoardEilif Radov
BoardJørgen Lundholm Larsen
BoardLisbeth Flindt
BoardJesper Bach
BoardMark Wrigley
BoardLars Brødsgaard Abrahamsen
BoardKelvin William John Austin
BoardTroels Søgaard
BoardMikkel Ekwall
BoardLisbeth Flindt
BoardMark Wrigley
BoardFraser Neil Winton
BoardJohnny Andersen
BoardStefan Lundh
BoardJohnny Andersen
BoardJohnny Hansen
BoardStefan Lundh
BoardLone Bidstrup Tikkanen
BoardVibeke Aagaard Nyberg
BoardMogens Stig Rasmussen
BoardJohnny Andersen
BoardAndrew Robert Bruce
BoardMichael Thomas Van Harten
BoardLone Bidstrup Tikkanen
BoardEduard Camps
BoardLone Bidstrup Tikkanen
BoardAdam Wright
Owner (100%)IMI Overseas Investment LtdCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPUGREVCA ApS
AuditorCJ Partnership I/S
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Jesper Bach – 11 other companies, of which 2 bankrupt

Address history (1 moves)

Borupvang 3, st., 2750 Ballerup
Vesterlundvej 18, 2730 Herlev

Former names

NORGREN A/S – now
IMI NORGREN A/S –
NORGREN MARTONAIR A/S –
AKTIESELSKABET MARTONAIR –

Employees per year

Number of employees at NORGREN A/S per year25502011: 4920112012: 4620122013: 4520132014: 5020142015: 4620152016: 4020162017: 3620172018: 382018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about NORGREN A/S

Has NORGREN A/S gone bankrupt?

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

What is the bankruptcy risk of NORGREN 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 NORGREN A/S?

NORGREN A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NORGREN A/S founded?

NORGREN A/S was founded on 15 June 1966.

What is the equity of NORGREN A/S?

Equity was DKK 24.7m 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.