STUBBERUP EL A/S

CVR 66304515 · Public limited company (A/S) · Active · Low risk

STUBBERUP EL A/S is a Public limited company (A/S), founded on , based in Aars. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 981k and a net result of DKK 201k. CEO: Morten Kristensen.

Bankruptcy risk for STUBBERUP EL A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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
66304515
Status
Active
Company type
Public limited company (A/S)
Founded
(46 years)
Address
Rampevej 3
9600 Aars
Municipality
Vesthimmerlands
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 550k
Employees
9 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 29
Missing annual reportNo
Negative equityNo
Equity ratio37.2%
Current ratio161%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.0mDKK 4.5m
Net profitDKK 201kDKK 315k
EquityDKK 981kDKK 1.0m
Total assetsDKK 2.6mDKK 2.9m
CashDKK 11k–
Short-term debtDKK 1.5m–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025122
1 Oct 2023 – 30 Sep 2024126
1 Oct 2022 – 30 Sep 2023153
1 Oct 2021 – 30 Sep 2022171
1 Oct 2020 – 30 Sep 2021152
1 Oct 2019 – 30 Sep 2020147
1 Oct 2018 – 30 Sep 2019129
1 Oct 2017 – 30 Sep 2018117
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015112
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013120
1 Jan 2012 – 31 Dec 2012122
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010123
1 Jan 2009 – 31 Dec 2009118
1 Oct 2007 – 31 Dec 2008117
1 Oct 2006 – 30 Sep 200771
1 Oct 2005 – 30 Sep 200699
1 Oct 2004 – 30 Sep 200587

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
CEOMorten KristensenCurrent
CEOMarius Stubberup
CEOErik Gedebjerg
CEOArne Steen Hansen
CEOMorten Degn
BoardMorten KristensenCurrent
BoardSvend Aage KristensenCurrent
BoardIda KristensenCurrent
BoardJørgen Nøhr Jensen
BoardKurt Casper
BoardJonna Kirstine Skyum
BoardNiels Henrik Behrndtz Thaudal
BoardAxel Højsleth
BoardJørn Torben Holm
BoardArne Robert Bindslev
BoardJørn Bruno Lassen
BoardCarl Johan Bjerregaard
BoardJørn Bruno Lassen
BoardKurt Casper
Owner (100%)MNK Holding Aars ApSCurrent
Owner (100%)AARS EL-FORSYNING ENTREPRISE A/S
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorJYSK REVISIONSINSTITUT APS Codanhus
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKvist & Jensen SR, Aalborg A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab

The CEOs' other companies

Morten Kristensen – 1 other companies

Marius Stubberup – 3 other companies

Arne Steen Hansen – 1 other companies, of which 1 bankrupt

Morten Degn – 8 other companies

Address history (4 moves)

Rampevej 3, 9600 Aars
Industrivej 91, 9600 Aars
Himmerlandsgade 38, 9600 Aars
Jyllandsgade 19, 9600 Aars
Jyllandsgade 19, 9600 Aars

Former names

STUBBERUP EL A/S – now
AUT. EL-INSTALLATØR MARIUS STUBBERUP A/S –
AUT. EL-INSTALLATØR MARIUS STUBBERUP ApS –
GEDEBJERG OG STUBBERUP ApS –

Employees per year

Number of employees at STUBBERUP EL A/S per year6122011: 1220112012: 1220122013: 820132014: 720142015: 920152016: 720162017: 920172018: 92018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about STUBBERUP EL A/S

Has STUBBERUP EL A/S gone bankrupt?

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

What is the bankruptcy risk of STUBBERUP EL A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of STUBBERUP EL A/S?

Morten Kristensen is the CEO of STUBBERUP EL A/S.

Who is the auditor of STUBBERUP EL A/S?

STUBBERUP EL A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was STUBBERUP EL A/S founded?

STUBBERUP EL A/S was founded on 1 October 1980.

What is the equity of STUBBERUP EL A/S?

Equity was DKK 981k 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.