Riskpilot← Back to searchSign inGet full accessNORTEC A/S
A/SActiveCVR 19992306Ellehammersvej 16Wholesale of electrical household appliances · NACE 4643Est. 1997121 employees
Revenue 2024
DKK 102,7M
0% vs 2023
EBITDA margin
32.6%
-2% vs 2023
Equity ratio
21.0%
Financial strength
Net profit 2024
DKK 17,8M
+4% vs 2023
| Revenue | DKK 102,7M | +0% |
| EBITDA | DKK 33,5M | -2% |
| Net profit | DKK 17,8M | +4% |
| Total assets | DKK 405,4M | +20% |
| Equity | DKK 85,2M | +26% |
| Employees | 121 | — |
Legal name
NORTEC A/S
CVR number
19992306
Legal form
Aktieselskab
NACE code
4643 · Wholesale of electrical household appliances
Founded
26. marts 1997
Share capital
DKK 1.010.100
Employees
121 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktionen eller af bestyrelsens formand sammen
med et bestyrelsesmedlem
Company purpose
Selskabets formål er at drive virksomhed med håndværk, handel og anden dermed i forbindelse stående virksomhed.
Address
Ellehammersvej 16
Phone
+4570256256
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.246 | 26.031 | 28.691 | — | 34.951 | 40.112 | 44.865 | 64.605 | 60.548 | 62.238 | 74.166 | 102.257 | 102.735 |
| Staff expenses | -18.870 | -19.060 | -21.580 | -22.350 | -27.534 | -31.638 | -37.330 | -36.749 | -37.975 | -41.535 | -59.781 | -66.375 | -69.183 |
| EBITDA | 5.318 | 6.971 | 6.885 | 9.922 | 7.415 | 8.456 | 7.373 | 27.562 | 22.573 | 20.316 | 14.226 | 34.079 | 33.460 |
| Depreciation & amort. | -2.356 | -2.686 | -2.914 | -3.816 | -2.704 | -2.684 | -3.291 | -8.024 | -8.591 | -9.409 | -12.269 | -12.737 | -11.179 |
| EBIT | 2.962 | 4.285 | 3.971 | 6.106 | 4.711 | 5.772 | 4.082 | 19.538 | 13.982 | 10.907 | 1.957 | 21.343 | 22.281 |
| Net financials | -1.338 | -963 | -825 | -916 | -843 | -524 | 250 | -627 | 470 | 1.279 | 1.587 | 863 | 747 |
| Profit before tax | 1.624 | 3.322 | 3.146 | 5.189 | 3.868 | 5.248 | 4.332 | 18.912 | 14.452 | 12.186 | 3.544 | 22.206 | 23.028 |
| Tax | 434 | 853 | 771 | 1.145 | 996 | 1.329 | 1.092 | 4.281 | 3.273 | 2.852 | 918 | 5.040 | 5.190 |
| Net profit | 1.190 | 2.469 | 2.375 | 4.044 | 2.872 | 3.919 | 3.240 | 14.631 | 11.179 | 9.334 | 2.626 | 17.165 | 17.838 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 36.593 | 38.830 | 43.201 | 62.981 | 79.252 | 108.540 | 144.756 | 172.408 | 195.049 | 241.043 | 289.862 | 339.059 | 405.436 |
| Equity | 5.337 | 7.806 | 7.780 | 9.524 | 12.397 | 24.479 | 27.719 | 28.126 | 39.305 | 48.639 | 50.165 | 67.330 | 85.168 |
| Long-term debt | 1.636 | 3.918 | 3.048 | 13.763 | 16.009 | 36.453 | 57.174 | 87.556 | 99.807 | 123.889 | 144.667 | 157.238 | 180.304 |
| Short-term debt | 28.885 | 26.301 | 31.454 | 37.630 | 47.786 | 43.218 | 54.381 | 50.976 | 46.915 | 56.640 | 82.237 | 96.657 | 121.269 |
| Total debt | 30.521 | 30.220 | 34.503 | 51.393 | 63.795 | 79.672 | 111.556 | 138.533 | 146.722 | 180.529 | 226.904 | 253.895 | 301.572 |
EBITDA margin
32.6%
This company
15.8%
Market median
+106% vs market
20122024
Equity ratio
21.0%
This company
38.2%
Market median
-45% vs market
20122024
Return on equity
20.9%
This company
18.4%
Market median
+14% vs market
20122024
Net profit margin
17.4%
This company
8.1%
Market median
+115% vs market
20122024
Asset turnover
0.25×
This company
1.12×
Market median
-78% vs market
20122024
Debt / equity
3.76×
This company
0.62×
Market median
-506% vs market
20122024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MS Chief Executive Officer | Chief Executive Officer | 2012 | — | — |
ME Management | Management | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Deputy Chairman | 2016 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2012 | — | — | |
| Chairman | 2019 | — | — | |
| Board of Directors | 2015 | — | — | |
| Board of Directors | 2016 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 1997 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2006 | — | — | |
| Board of Directors | 1997 | — | — | |
| Board of Directors | 2016 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Norland Invest ApS | Company | 50.0% | 50.0% | 2023 |
4M HOLDING ApS | Company | 20.0% | 20.0% | 2023 |
Wepact ApS | Company | 15.0% | 15.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
4M HOLDING ApS
NORTEC A/S Board members of NORTEC A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Sand | Chief Executive Officer | 0 companies |
| Morten Elgaard Bak | Management | 0 companies |
| Tom Steve Madsen | Deputy Chairman | 0 companies |
| Bjarne Lykkegård Riis | Board of Directors | 0 companies |
| Finn Boel Pedersen | Chairman | 0 companies |
| Lars Walter Høeg | Chairman | 0 companies |
| Jannie Sand | Board of Directors | 0 companies |
| Robert Due Kvistgaard | Board of Directors | 0 companies |
| Lars Tylvad Andersen | Board of Directors | 0 companies |
| Lone Agergaard Jensen | Board of Directors | 0 companies |
| Thomas Larsen | Board of Directors | 0 companies |
| Michael Friis | Board of Directors | 0 companies |
| Maiken Sand | Board of Directors | 0 companies |
| Jacob Amlund Jensen | Board of Directors | 0 companies |
| Torben Bang | Chairman | 0 companies |
| Dan Høgh Vium | Board of Directors | 0 companies |
| Aage Ryssel Ramsgaard | Chairman | 0 companies |
| Aase Madsen | Board of Directors | 0 companies |
| Kim Lund Bennedbæk Clausen | Board of Directors | 0 companies |
| Steven Johnsen | Board of Directors | 0 companies |
| René Groesmeyer | Board of Directors | 0 companies |
| Brian Kvist | Board of Directors | 0 companies |
| Steen Duus | Board of Directors | 0 companies |