ETEX NORDIC A/S

CVR 78611812 · Public limited company (A/S) · Active · Low risk

ETEX NORDIC A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 40.8m and a net result of DKK -7.6m.

Bankruptcy risk for ETEX NORDIC A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×

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
78611812
Status
Active
Company type
Public limited company (A/S)
Founded
(41 years)
Address
Vendersgade 74, 3.
7000 Fredericia
Municipality
Fredericia
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 4.3m
Employees
52 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 30
Missing annual reportNo
Negative equityNo
Equity ratio68.3%
Current ratio343%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.5mDKK 25.9m
Net profitDKK -7.6mDKK -7.8m
EquityDKK 40.8mDKK 48.4m
Total assetsDKK 59.8mDKK 72.9m
CashDKK 229k–
Short-term debtDKK 16.5m–
Tax owedDKK 55k–
Avg. employees28–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025212 Late
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022196 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 201779
1 Jan 2016 – 31 Dec 2016110
1 Jan 2015 – 31 Dec 2015103
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013115
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011116
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009140
1 Jan 2008 – 31 Dec 2008116
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006134

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
CEOKlaus Kristensen
BoardJohan LeoCurrent
BoardHans Van Der SteenCurrent
BoardBernard Martine F GlorieCurrent
BoardCarsten Kultoft Lorentsen
BoardBjarne Strikert
BoardLisbet Charlotte Kristensen
BoardKarl Heinz Kraushaar
BoardKai Bech Andersen
BoardTorben Ivarsson
BoardAnne Marie Andersen
BoardJens Christian Schultz
BoardJens Lauritsen
BoardKlaus Kristensen
BoardPer Buus Christensen
BoardGrethe Lauridsen Rønne
BoardRolf Mikael Blomqvist
BoardOle Phaff Mørck
BoardAndré A. G. E. Hoste
BoardCornelis Doevelaar
BoardTanguy Marc Patrick Emmanuel Albert Vanderborght
BoardSandrine De Fru
BoardThomas Skouenborg Bentsen
BoardJohan Leo
BoardMarc Edmond Marie-Louise Lootens
BoardMarc Edmond Marie-Louise Lootens
BoardCarsten Blaabjerg Andersen
BoardMarc Edmond Marie-Louise Lootens
BoardArild Raun Christensen
BoardNiklas Tjeder
BoardJan David U Coppin
BoardJørgen Erhardt Hauritz
BoardUlrich Horn
BoardSusanne Ingemann Lorentzen
BoardMichael Fenlon
BoardRolf Heinz Otto Walter Haberlah
BoardLaurent Vincent P Maroy
Owner (100%)ETermat SACurrent
Owner (100%)OPTICOLOR HOLDING A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorSØNREKO-INVEST A/S
AuditorRevisionsfirmaet REVISAM
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorERNST & YOUNG DENMARK P/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Klaus Kristensen – 22 other companies, of which 2 bankrupt

Address history (3 moves)

Vendersgade 74, 3., 7000 Fredericia
Kometvej 36, 6230 Rødekro
Kometvej 36, 6230 Rødekro
Kometvej 26, 6230 Rødekro

Former names

ETEX NORDIC A/S – now
IVARSSON A/S –
IVARSSON & CO. A/S –
SPACE INVEST ApS –

Employees per year

Number of employees at ETEX NORDIC A/S per year26522011: 4220112012: 4720122013: 4820132014: 5020142015: 5220152016: 4920162017: 4920172018: 522018

Other companies at the same address

Similar companies in Fredericia

Questions and answers about ETEX NORDIC A/S

Has ETEX NORDIC A/S gone bankrupt?

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

What is the bankruptcy risk of ETEX NORDIC A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of ETEX NORDIC A/S?

ETEX NORDIC A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was ETEX NORDIC A/S founded?

ETEX NORDIC A/S was founded on 26 June 1985.

What is the equity of ETEX NORDIC A/S?

Equity was DKK 40.8m 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.