NORDELEKTRO A/S

CVR 70883317 · Public limited company (A/S) · Active · High risk

NORDELEKTRO A/S is a Public limited company (A/S), founded on , based in Aalborg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 309k and a net result of DKK -3.2m.

Bankruptcy risk for NORDELEKTRO A/S

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
70883317
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
Østerport 3
9000 Aalborg
Municipality
Aalborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 2.0m
Employees
41 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio1.5%
Current ratio102%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 35.7mDKK 33.6mDKK 25.3m
Net profitDKK -3.2mDKK 1.3mDKK 26k
EquityDKK 309kDKK 3.5mDKK 2.2m
Total assetsDKK 20.4mDKK 18.5mDKK 15.8m
CashDKK 45kDKK 22k–
Short-term debtDKK 17.9mDKK 12.8m–
Avg. employees5951–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025216 Late
1 Oct 2023 – 30 Sep 2024100
1 Oct 2022 – 30 Sep 2023121
1 Oct 2021 – 30 Sep 2022181
1 Oct 2020 – 30 Sep 202184
1 Oct 2019 – 30 Sep 2020145
1 Oct 2018 – 30 Sep 201980
1 Oct 2017 – 30 Sep 2018130
1 Oct 2016 – 30 Sep 2017136
1 Oct 2015 – 30 Sep 2016135
1 Oct 2014 – 30 Sep 2015145
1 Oct 2013 – 30 Sep 2014146
1 Oct 2012 – 30 Sep 201377
1 Oct 2011 – 30 Sep 2012106
1 Oct 2010 – 30 Sep 201153
1 Oct 2009 – 30 Sep 2010152
1 Oct 2008 – 30 Sep 2009151
1 Oct 2007 – 30 Sep 2008106
1 Oct 2006 – 30 Sep 2007130
1 Oct 2005 – 30 Sep 200694

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
CEONiels Saxtoft
CEOJørn Hensel
BoardMichael SaxtoftCurrent
BoardLise SaxtoftCurrent
BoardAnders Dalbøl MogensenCurrent
BoardAllan Reiche AndersenCurrent
BoardNiels Saxtoft
BoardFrank Viborg
BoardBjarne Søgaard Heilesen
BoardJørn Hensel
BoardPer Ole Madsen
BoardBent Serup
BoardJohn Gregers Nielsen
BoardKnud Skovgaard Mortensen
BoardRené Aakjær Jacobsen
BoardFinn Korgaard
BoardJan Skærup Nielsen
BoardAnders Saxtoft
BoardAllan Reiche Andersen
Owner (100%)M. Saxtoft Holding ApSCurrent
Owner (100%)N.S. HANDEL ApS
Owner (90%)N.S. HANDEL ApS
Owner (10%)Limath Holding ApS
Owner (20%)Limath Holding ApS
Owner (33%)A. Saxtoft ApS
Owner (33%)M. Saxtoft Holding ApS
Owner (50%)A. Saxtoft ApS
Owner (50%)M. Saxtoft Holding ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorFinn Korgaard
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorNIELSEN & CHRISTENSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB, HASSERIS

The CEOs' other companies

Niels Saxtoft – 11 other companies, of which 1 bankrupt

Jørn Hensel – 1 other companies

Address history (0 moves)

Østerport 3, 9000 Aalborg

Former names

NORDELEKTRO A/S – now
NORDELEKTRO AALBORG AF 1983 A/S –

Employees per year

Number of employees at NORDELEKTRO A/S per year32632011: 5120112012: 6020122013: 6320132014: 4420142015: 3620152016: 3620162017: 4320172018: 412018

Similar companies in Aalborg

Questions and answers about NORDELEKTRO A/S

Has NORDELEKTRO A/S gone bankrupt?

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

What is the bankruptcy risk of NORDELEKTRO A/S?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of NORDELEKTRO A/S?

NORDELEKTRO A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was NORDELEKTRO A/S founded?

NORDELEKTRO A/S was founded on 16 May 1983.

What is the equity of NORDELEKTRO A/S?

Equity was DKK 309k 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.