ELSTER-INSTROMET A/S

CVR 76403112 · Public limited company (A/S) · Active · Low risk

ELSTER-INSTROMET A/S is a Public limited company (A/S), founded on 2 November 1984, based in Hjørring. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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 63.3m and a net result of DKK 4.6m. CEO: René Gårdsvig.

Bankruptcy risk for ELSTER-INSTROMET 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×

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×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Reporting classReporting class B · bankruptcy rate 3.2%0.37×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

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: 76403112
Status: Active
Company type: Public limited company (A/S)
Founded: 2 November 1984 (42 years)
Address: Læsøvej 3B
9800 Hjørring
Municipality: Hjørring
Industry: Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 900k
Employees: 9 (2018)
Auditor: DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	3 of 31
Missing annual report	No
Negative equity	No
Equity ratio	90.6%
Current ratio	1,063%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 8.6m	DKK 4.7m	DKK 11.9m
Net profit	DKK 4.6m	DKK 754k	DKK 7.1m
Equity	DKK 63.3m	DKK 58.7m	DKK 57.9m
Total assets	DKK 69.8m	DKK 65.4m	DKK 65.3m
Short-term debt	DKK 6.6m	DKK 6.7m	–
Avg. employees	3	5	–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on extended review · DeloitteStatsautoriseretRevisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	6 Jul 2026	187	Late
1 Jan 2024 – 31 Dec 2024	9 Jul 2025	190	Late
1 Jan 2023 – 31 Dec 2023	3 Jul 2024	185	Late
1 Jan 2022 – 31 Dec 2022	19 Jun 2023	170
1 Jan 2021 – 31 Dec 2021	14 Jun 2022	165
1 Jan 2020 – 31 Dec 2020	16 Jun 2021	167
1 Jan 2019 – 31 Dec 2019	19 May 2020	140
1 Jan 2018 – 31 Dec 2018	1 May 2019	121
1 Jan 2017 – 31 Dec 2017	10 Apr 2018	100
1 Jan 2016 – 31 Dec 2016	18 May 2017	138
1 Jan 2015 – 31 Dec 2015	31 May 2016	152
1 Jan 2014 – 31 Dec 2014	1 Jun 2015	152
1 Jan 2013 – 31 Dec 2013	30 May 2014	150
1 Jan 2012 – 31 Dec 2012	31 May 2013	151
1 Jan 2011 – 31 Dec 2011	5 Jun 2012	157
1 Jan 2010 – 31 Dec 2010	30 May 2011	150
1 Jan 2009 – 31 Dec 2009	6 May 2010	126
1 Jan 2008 – 31 Dec 2008	18 May 2009	138
1 Jan 2007 – 31 Dec 2007	20 May 2008	141
1 Jan 2006 – 31 Dec 2006	15 May 2007	135

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	René Gårdsvig	1 Dec 2010	Current
CEO	Erik Frantz Hyldahl	2 Nov 1984	1 Dec 2010
Board	René Gårdsvig	18 May 2011	Current
Board	Jean-Paul Piques	21 Aug 2023	Current
Board	Jesper Schmidt	23 Jun 2026	Current
Board	Svend Vilhelm Kayser	2 Nov 1984	19 Apr 2002
Board	Erik Frantz Hyldahl	2 Nov 1984	18 May 2011
Board	Peter Russo	2 Nov 1984	17 Jan 1991
Board	Theodore Nicholas Townsend	2 Nov 1984	21 Oct 1992
Board	Karlheinz Philipp Breitner	2 Nov 1984	24 Jun 1993
Board	Joachim Hermann Wilhelm Klute	19 Apr 2002	10 May 2002
Board	Michael Josef Calovini	19 Apr 2002	12 Oct 2004
Board	Joachim Hermann Wilhelm Klute	10 May 2002	15 May 2003
Board	Hubert Dombrowski	15 May 2003	10 Nov 2003
Board	Peter Helmut Hampel	10 Nov 2003	11 Oct 2012
Board	Thomas Franz Kujadt	12 Oct 2004	22 Feb 2018
Board	David James Thomson	11 Oct 2012	31 Dec 2017
Board	Paschal Morris	22 Feb 2018	21 Nov 2018
Board	Steven George Greenland	22 Feb 2018	22 Nov 2018
Board	Paschal Morris	22 Nov 2018	9 Apr 2021
Board	Michael Pellmann	22 Nov 2018	3 Dec 2021
Board	Jens Christian Jensen	28 Apr 2021	12 Jul 2022
Board	Björn Vilhelm Johan Larsson	3 Dec 2021	23 Jun 2026
Board	Timothy Michael James Napper	12 Jul 2022	21 Aug 2023
Owner (100%)	Elster GmbH	30 Sep 2010	Current
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	11 Oct 2012	Current
Auditor	PUGREVCA ApS	2 Nov 1984	19 Dec 1988
Auditor	ANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB	2 Nov 1984	2 Sep 2002
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB	2 Sep 2002	30 Oct 2006
Auditor	Kpmg C Jespersen	30 Oct 2006	15 Dec 2008
Auditor	EY Godkendt Revisionspartnerselskab	15 Dec 2008	11 Oct 2012

The CEOs' other companies

Erik Frantz Hyldahl – 17 other companies, of which 8 bankrupt

BRÜEL INTERNATIONAL A/S Bankrupt 19 Feb 2015
DESTEC A/S Bankrupt 11 Dec 1989
DOPCO A/S Bankrupt 7 Feb 1989
HYDROMIX LANDBRUG A/S Bankrupt 4 Apr 1991
HYDROMIX SCANDINAVIAN A/S Bankrupt 4 Apr 1989
HYDROMIX UDVIKLING A/S Bankrupt 4 Apr 1991
IN AF 22. NOVEMBER 2013 A/S Bankrupt 22 Nov 2013
VENSOLIT PLASTVINDUER A/S Bankrupt 21 Dec 1989
A/S CMP AF 18/4 2012 Opløst
A/S CMP HOLDING AF 18/4 2012 Opløst
HOLDINGSELSKABET AF 9. MAJ 1983 A/S Fusioneret
HYDRATECH INDUSTRIES FLUID POWER A/S Fusioneret
HYDRO-X A/S Active
HYDRO-X INTERNATIONAL A/S Active
JARNES A/S Active
MIGATRONIC A/S Active
RAADVAD A/S Fusioneret

Address history (2 moves)

4 Jul 2012	Læsøvej 3B, 9800 Hjørring
1 Jan 2007	Anholtvej 1, 9800 Hjørring
2 Nov 1984	Anholtvej 1, 9800 Hjørring

Former names

ELSTER-INSTROMET A/S	11 May 2005 – now
INTERNATIONAL GAS APPARATUR A/S	2 Nov 1984 – 10 May 2005

Employees per year

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Questions and answers about ELSTER-INSTROMET A/S

Has ELSTER-INSTROMET A/S gone bankrupt?

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

What is the bankruptcy risk of ELSTER-INSTROMET 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 ELSTER-INSTROMET A/S?

René Gårdsvig is the CEO of ELSTER-INSTROMET A/S.

Who is the auditor of ELSTER-INSTROMET A/S?

ELSTER-INSTROMET A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ELSTER-INSTROMET A/S founded?

ELSTER-INSTROMET A/S was founded on 2 November 1984.

What is the equity of ELSTER-INSTROMET A/S?

Equity was DKK 63.3m 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.