SÆTHER NORDIC A/S
CVR 70333414 · Public limited company (A/S) · Active · Low risk
SÆTHER NORDIC A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. 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 110.6m and a net result of DKK -62.7m. CEO: Daniel Dornhoff Cordsen.
Bankruptcy risk for SÆTHER NORDIC A/S
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 6% of active Danish companies
Lowest riskHighest risk
Increases the risk
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Reduces the risk
Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
- 70333414
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (43 years)
- Address
- Aldersrogade 1, 5.
2100 København Ø - Municipality
- København
- Industry
- Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 1.5m
- Employees
- 71 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 28.9% |
| Current ratio | 100% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 18 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 753.5m | DKK 1.0bn |
| Gross profit | DKK 22.0m | DKK 80.1m |
| Net profit | DKK -62.7m | DKK 23.0m |
| Equity | DKK 110.6m | DKK 195.6m |
| Total assets | DKK 382.9m | DKK 515.5m |
| Cash | DKK 0 | – |
| Short-term debt | DKK 268.1m | – |
| Tax owed | DKK 0 | – |
| Avg. employees | 124 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 173 | ||
| 1 Jan 2024 – 31 Dec 2024 | 127 | ||
| 1 Jan 2023 – 31 Dec 2023 | 122 | ||
| 1 Jan 2022 – 31 Dec 2022 | 124 | ||
| 1 Jan 2021 – 31 Dec 2021 | 125 | ||
| 1 Jan 2020 – 31 Dec 2020 | 113 | ||
| 1 Jan 2019 – 31 Dec 2019 | 174 | ||
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 1 Jan 2017 – 31 Dec 2017 | 123 | ||
| 1 Jan 2016 – 31 Dec 2016 | 123 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 112 | ||
| 1 Jan 2013 – 31 Dec 2013 | 98 | ||
| 1 Jan 2012 – 31 Dec 2012 | 84 | ||
| 1 Jan 2011 – 31 Dec 2011 | 120 | ||
| 1 Jan 2010 – 31 Dec 2010 | 103 | ||
| 1 Jan 2009 – 31 Dec 2009 | 160 | ||
| 1 Jan 2008 – 31 Dec 2008 | 180 | ||
| 1 Jan 2007 – 31 Dec 2007 | 120 | ||
| 1 Jan 2006 – 31 Dec 2006 | 99 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Daniel Dornhoff Cordsen | Current | |
| CEO | Ellinor Sæther | ||
| CEO | Andre Michael Kowalczyk | ||
| CEO | Flemming Laurberg Jensen | ||
| CEO | Peter Silkeborg Brolev | ||
| CEO | Niels Asger Jørgensen | ||
| CEO | Tage Juhl Finninge | ||
| CEO | Niels Asger Jørgensen | ||
| CEO | Britta Caroline Block | ||
| CEO | Tage Juhl Finninge | ||
| CEO | Jesper Agte Johansen | ||
| CEO | Palle Pedersen | ||
| Board | Lars Daugaard Jepsen | Current | |
| Board | Pernille Krogh-Meyer | Current | |
| Board | Søren Tyge Sørensen | Current | |
| Board | Torben Lykke Nørby | Current | |
| Board | Torben Holst Mærsk | ||
| Board | Ken Flemming Røge Rasmussen | ||
| Board | Søren Brandt | ||
| Board | Gunnar Heinemann | ||
| Board | Kay Spanger | ||
| Board | Stephan Matthias Karl Ernst | ||
| Board | Ellinor Sæther | ||
| Board | Søren Tyge Sørensen | ||
| Board | Carsten Ørnbo | ||
| Board | Peter Silkeborg Brolev | ||
| Board | Ellinor Sæther | ||
| Board | Søren Tyge Sørensen | ||
| Owner (33%) | E. SÆTHER HOLDING A/S | Current | |
| Owner (25%) | PP Holding 2019 ApS | Current | |
| Owner (25%) | Holles Invest ApS | Current | |
| Owner (100%) | E. SÆTHER HOLDING A/S | ||
| Owner (67%) | E. SÆTHER HOLDING A/S | ||
| Owner (20%) | PP Holding 2019 ApS | ||
| Owner (10%) | T.J. Finninge Holding ApS | ||
| Owner (50%) | E. SÆTHER HOLDING A/S | ||
| Owner (25%) | PP Holding 2019 ApS | ||
| Owner (67%) | E. SÆTHER HOLDING A/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | REVISIONSFIRMAET PREBEN RASMUSSEN A/S | ||
| Auditor | Statsaut. revisor Jørgen Aaen | ||
| Auditor | EY Danmark A/S | ||
| Auditor | ERNST & YOUNG DENMARK P/S |
The CEOs' other companies
Daniel Dornhoff Cordsen – 1 other companies
- E. SÆTHER A/S Active
Ellinor Sæther – 10 other companies, of which 1 bankrupt
- AKTIESELSKABET AF 18/12 1991 Bankrupt 23 Feb 1995
- A/S UNIFIT Opløst
- COPENHAGEN COSMETICS COMPANY ApS Opløst
- E. SÆTHER A/S Active
- E. SÆTHER HOLDING A/S Active
- Fashion Society A/S Active
- GEORG MULLER A/S Opløst
- NUÉ GROUP ApS Active
- NYHAVN 6 INVEST A/S Active
- UNITED DRUGSTORES A/S Opløst
Andre Michael Kowalczyk – 16 other companies, of which 2 bankrupt
- Lindbæk & Ventrup ApS Bankrupt 7 Nov 2022
- SELSKABET AF 15. JULI 2010 A/S Bankrupt 5 Aug 2010
- A/S UNIFIT Opløst
- CASPKONSULT ApS Active
- CONTISCIENCE ApS Active
- EJENDOMSANPARTSSELSKABET VÆRKSTEDSGÅRDEN 2 Fusioneret
- EJENDOMSANPARTSSELSKABET VÆRKSTEDSGÅRDEN 7 Fusioneret
- GAMKO ApS Active
- GARDE HVALSØE A/S Active
- J.L. HOLDING 2000 A/S Active
- JOHNY LARSEN HOLDING A/S Opløst
- MJA HOLDING ApS Active
- MULTICEPT ApS Active
- SD SCIENCE ApS Active
- Søndre Mellemvej 31 ApS Active
- VÆRKSTEDSGÅRDENS EJENDOMSUDLEJNING A/S Active
Flemming Laurberg Jensen – 13 other companies
- DANISH CROWN SALG OG SERVICE A/S Opløst
- DANISH FRESH MEAT CO. ApS Opløst
- ESS-FOOD HOLDING A/S Opløst
- FORS Spildevand Lejre A/S Active
- FORS Vand Lejre A/S Active
- GEORG MULLER A/S Opløst
- HMN GASSALG A/S Fusioneret
- HMN Naturgas A/S Fusioneret
- LEJRE FORSYNING HOLDING A/S Fusioneret
- LEJRE FORSYNING SERVICE A/S Fusioneret
- SLAGTERISELSKABET ROYAL DANE - QUALITY A/S Opløst
- TGM TEKNIK ApS Active
- UNITED DRUGSTORES A/S Opløst
Peter Silkeborg Brolev – 11 other companies
- A/S UNIFIT Opløst
- COPENHAGEN COSMETICS COMPANY ApS Opløst
- DIRECT LENDING 1 ApS Opløst
- E. SÆTHER A/S Active
- E. SÆTHER HOLDING A/S Active
- Fashion Society A/S Active
- GEORG MULLER A/S Opløst
- SECURE HEDGE A/S Active
- SECURE OPPORTUNITY A/S Opløst
- Secure Byggefinansiering 1 A/S Opløst
- UNITED DRUGSTORES A/S Opløst
Niels Asger Jørgensen – 4 other companies
- A/S UNIFIT Opløst
- COPENHAGEN COSMETICS COMPANY ApS Opløst
- E. SÆTHER A/S Active
- NIELS JØRGENSEN ApS Opløst
Tage Juhl Finninge – 5 other companies
- COPENHAGEN COSMETICS COMPANY ApS Opløst
- E. SÆTHER A/S Active
- NEW NORDIC MANUFACTURING ApS Active
- T.J. Finninge Holding ApS Active
- TBP SUPPLY A/S Active
Jesper Agte Johansen – 5 other companies
- Awaze A/S Active
- DAT-SCHAUB A/S Active
- Maxben Invest ApS Active
- PROCTER & GAMBLE DANMARK ApS Active
- PROCTER & GAMBLE HOLDING DENMARK ApS Opløst
Palle Pedersen – 3 other companies
- BEAUTYGE DENMARK A/S Opløst
- E. SÆTHER A/S Active
- PP Holding 2019 ApS Active
Address history (2 moves)
| Aldersrogade 1, 5., 2100 København Ø | |
| Ryttermarken 11, 3520 Farum | |
| Ryttermarken 11, 3520 Farum |
Former names
| SÆTHER NORDIC A/S | – now |
| HEINEMANN-SÆTHER A/S | – |
| HEINEMANN SÆTHER A/S | – |
| E. SÆTHER A/S | – |
| E. SÆTHER FINANS ApS | – |
Employees per year
Other companies at the same address
- Fieldstone Group A/S Active
- Marmormolen Holding ApS Active
Similar companies in København
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Questions and answers about SÆTHER NORDIC A/S
Has SÆTHER NORDIC A/S gone bankrupt?
No, SÆTHER NORDIC A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of SÆTHER NORDIC 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 CEO of SÆTHER NORDIC A/S?
Daniel Dornhoff Cordsen is the CEO of SÆTHER NORDIC A/S.
Who is the auditor of SÆTHER NORDIC A/S?
SÆTHER NORDIC A/S most recently used EY Godkendt Revisionspartnerselskab.
When was SÆTHER NORDIC A/S founded?
SÆTHER NORDIC A/S was founded on 22 December 1982.
What is the equity of SÆTHER NORDIC A/S?
Equity was DKK 110.6m 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.