CVR: 19992306
Secondary names: VASCANDIC A/S, NORTEC SYSTEM A/S, Nortec Supply A/S
Previous names: VASCANDIC A/S, NORTEC SYSTEM A/S
NORTEC A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 1997. The company is registered under the industry Engroshandel med hvidevarer og elektriske husholdningsartikler. The company was previously named NORTEC SYSTEM A/S and VASCANDIC A/S. The management consists of Morten Elgaard Bak and Michael Sand. The company's owners include STENSEMINDE HOLDING ApS, 4M HOLDING ApS and Norland Invest ApS. The company has 69 employees. In 2025, the company reported a gross profit of DKK 107,199,089 and a net result of DKK 12,300,686 compared with DKK 17,837,694 the year before. Equity amounted to DKK 102,095,979.
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| Year | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2025 | 107.2 mio. | 12.3 mio. | 560 mio. | 102.1 mio. | 112 | |
| 2024 | 102.7 mio. | 17.8 mio. | 405.4 mio. | 85.2 mio. | 95 | |
| 2023 | 102.3 mio. | 17.2 mio. | 339.1 mio. | 67.3 mio. | 70 | |
| 2022 | 74.2 mio. | 2.6 mio. | 289.9 mio. | 50.2 mio. | 68 | |
| 2021 | 62.2 mio. | 9.3 mio. | 241 mio. | 48.6 mio. | 66 | |
| 2020 | 60.5 mio. | 11.2 mio. | 195 mio. | 39.3 mio. | 65 | |
| 2019 | 64.6 mio. | 14.6 mio. | 172.4 mio. | 28.1 mio. | 58 | |
| 2018 | 44.9 mio. | 3.2 mio. | 144.8 mio. | 27.7 mio. | 52 | |
| 2017 | 40.1 mio. | 3.9 mio. | 108.5 mio. | 24.5 mio. | 45 | |
| 2016 | 35 mio. | 2.9 mio. | 79.3 mio. | 12.4 mio. | 52 | |
| 2015 | - | 4 mio. | 63 mio. | 9.5 mio. | - | |
| 2014 | 28.7 mio. | 2.4 mio. | 43.2 mio. | 7.8 mio. | - | |
| 2013 | 26 mio. | 2.5 mio. | 38.8 mio. | 7.8 mio. | - | |
| 2012 | 24.2 mio. | 1.2 mio. | 36.6 mio. | 5.3 mio. | - |
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Read about the CDS scoreCompared to 110 companies in Engroshandel med hvidevarer og elektriske husholdningsartikler
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Contact info changed: new phone: 70256256 (June 17, 2026).
NORTEC A/S has published its annual report for 2025. Gross profit came to DKK 107,199,089, and the net result was DKK 12,300,686.
As of June 16, 2026, Henrik Sørensen has joined the board of directors of NORTEC A/S.
As of June 16, 2026, Christian Lund Madsen has joined the board of directors of NORTEC A/S.
As of June 16, 2026, Tom Steve Madsen has left the board of directors of NORTEC A/S.
As of June 16, 2026, Kim Lund Bennedbæk Clausen has left the board of directors of NORTEC A/S.
As of June 16, 2026, Dan Høgh Vium has left the board of directors of NORTEC A/S.
As of June 16, 2026, Jacob Amlund Jensen has left the board of directors of NORTEC A/S.
As of June 16, 2026, Steven Johnsen has left the board of directors of NORTEC A/S.
As of June 16, 2026, Steen Duus has left the board of directors of NORTEC A/S.
As of June 16, 2026, Lone Agergaard Jensen has left the board of directors of NORTEC A/S.
Contact info changed: new phone: 70256256 (June 13, 2026).
As of June 11, 2026, STENSEMINDE HOLDING ApS is registered as an owner of NORTEC A/S with an ownership share of 25%.
Contact info changed: new phone: 70256256 (May 18, 2026).
Contact info changed: new phone: 70256256 (May 6, 2026).
As of April 16, 2026, Thomas Larsen has left the board of directors of NORTEC A/S.
Contact info changed: new phone: 70256256 (January 22, 2026).
As of December 31, 2025, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORTEC A/S.
As of December 31, 2025, EY Godkendt Revisionspartnerselskab has stepped down as auditor of NORTEC A/S.
As of December 30, 2025, Morten Elgaard Bak is registered as director of NORTEC A/S.
NORTEC A/S has published its annual report for 2024. Gross profit came to DKK 102,735,045, and the net result was DKK 17,837,694.
As of November 26, 2024, Morten Elgaard Bak has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2023. Gross profit came to DKK 102,257,497, and the net result was DKK 17,165,387.
As of January 23, 2024, EY Godkendt Revisionspartnerselskab has been appointed auditor of NORTEC A/S.
As of January 22, 2024, EY Godkendt Revisionspartnerselskab has stepped down as auditor of NORTEC A/S.
As of October 23, 2023, Bjarne Lykkegård Riis has joined the board of directors of NORTEC A/S.
As of October 23, 2023, René Groesmeyer has left the board of directors of NORTEC A/S.
As of August 22, 2023, Lars Tylvad Andersen has joined the board of directors of NORTEC A/S.
As of July 7, 2023, 4M HOLDING ApS is registered as an owner of NORTEC A/S with an ownership share of 15%.
As of July 7, 2023, Norland Invest ApS is registered as an owner of NORTEC A/S with an ownership share of 33%.
As of July 7, 2023, Wepact ApS is registered as an owner of NORTEC A/S with an ownership share of 10%.
NORTEC A/S has published its annual report for 2022. Gross profit came to DKK 74,165,552, and the net result was DKK 2,626,058.
NORTEC A/S has published its annual report for 2021. Gross profit came to DKK 62,238,216, and the net result was DKK 9,334,247.
As of December 21, 2021, René Groesmeyer has joined the board of directors of NORTEC A/S.
As of December 21, 2021, Steven Johnsen has joined the board of directors of NORTEC A/S.
As of December 21, 2021, Thomas Larsen has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2020. Gross profit came to DKK 60,548,045, and the net result was DKK 11,178,758.
As of May 18, 2021, Steen Duus has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2019. Gross profit came to DKK 64,605,105, and the net result was DKK 14,630,607.
As of June 15, 2020, Torben Bang has joined the board of directors of NORTEC A/S.
As of June 15, 2020, Lars Walter Høeg has left the board of directors of NORTEC A/S.
As of November 7, 2019, Jannie Sand has left the board of directors of NORTEC A/S.
As of September 6, 2019, Dan Høgh Vium has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2018. Gross profit came to DKK 44,864,522, and the net result was DKK 3,239,991.
As of April 25, 2019, Lars Walter Høeg has joined the board of directors of NORTEC A/S.
As of April 25, 2019, Jacob Amlund Jensen has joined the board of directors of NORTEC A/S.
As of April 24, 2019, Jacob Amlund Jensen has left the board of directors of NORTEC A/S.
As of January 1, 2019, Jacob Amlund Jensen has joined the board of directors of NORTEC A/S.
As of December 31, 2018, Finn Boel Pedersen has left the board of directors of NORTEC A/S.
As of December 31, 2018, Jacob Amlund Jensen has left the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2017. Gross profit came to DKK 40,112,151, and the net result was DKK 3,918,817.
As of May 22, 2018, Lone Agergaard Jensen has joined the board of directors of NORTEC A/S.
As of May 22, 2018, Robert Due Kvistgaard has left the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2016. Gross profit came to DKK 34,950,757, and the net result was DKK 2,872,350.
On April 18, 2017, the company changed its name from NORTEC SYSTEM A/S to NORTEC A/S.
As of September 22, 2016, Tom Steve Madsen has joined the board of directors of NORTEC A/S.
As of September 22, 2016, Kim Lund Bennedbæk Clausen has joined the board of directors of NORTEC A/S.
As of September 22, 2016, Robert Due Kvistgaard has joined the board of directors of NORTEC A/S.
As of September 21, 2016, Tom Steve Madsen has left the board of directors of NORTEC A/S.
As of September 21, 2016, Robert Due Kvistgaard has left the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2015. The net result was DKK 4,044,051.
As of May 10, 2016, EY Godkendt Revisionspartnerselskab has been appointed auditor of NORTEC A/S.
As of May 10, 2016, RSM PLUS P/S STATSAUTORISEREDE REVISORER has stepped down as auditor of NORTEC A/S.
NORTEC A/S has published its annual report for 2014. Gross profit came to DKK 28,690,665, and the net result was DKK 2,374,627.
As of March 20, 2015, Jannie Sand has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2013. Gross profit came to DKK 26,030,647, and the net result was DKK 2,468,786.
As of November 12, 2013, RSM PLUS P/S STATSAUTORISEREDE REVISORER has been appointed auditor of NORTEC A/S.
As of November 12, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NORTEC A/S.
NORTEC A/S has published its annual report for 2012. Gross profit came to DKK 24,245,691, and the net result was DKK 1,189,967.
As of May 7, 2013, Brian Kvist has left the board of directors of NORTEC A/S.
As of December 21, 2012, Tom Steve Madsen has joined the board of directors of NORTEC A/S.
As of December 21, 2012, Finn Boel Pedersen has joined the board of directors of NORTEC A/S.
As of December 21, 2012, Brian Kvist has joined the board of directors of NORTEC A/S.
As of December 21, 2012, Robert Due Kvistgaard has joined the board of directors of NORTEC A/S.
As of December 21, 2012, Jacob Amlund Jensen has joined the board of directors of NORTEC A/S.
As of December 21, 2012, Michael Sand is registered as adm. dir. of NORTEC A/S.
As of December 21, 2012, Tom Steve Madsen has stepped down as director of NORTEC A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORTEC A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NORTEC A/S.
As of December 9, 2010, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORTEC A/S.
As of December 9, 2010, JUT NR. 2180 A/S has stepped down as auditor of NORTEC A/S.
As of May 25, 2009, Michael Friis has left the board of directors of NORTEC A/S.
As of May 25, 2009, Aage Ryssel Ramsgaard has left the board of directors of NORTEC A/S.
As of March 21, 2007, JUT NR. 2180 A/S has been appointed auditor of NORTEC A/S.
As of March 21, 2007, CMN HOLDING 2007 ApS has stepped down as auditor of NORTEC A/S.
As of June 26, 2006, Michael Friis has joined the board of directors of NORTEC A/S.
As of June 26, 2006, Aage Ryssel Ramsgaard has joined the board of directors of NORTEC A/S.
As of June 26, 2006, Aase Madsen has left the board of directors of NORTEC A/S.
As of June 26, 2006, Maiken Sand has left the board of directors of NORTEC A/S.
On December 1, 2000, the company changed its name from VASCANDIC A/S to NORTEC SYSTEM A/S.
As of March 26, 1997, CMN HOLDING 2007 ApS has been appointed auditor of NORTEC A/S.
As of March 26, 1997, Aase Madsen has joined the board of directors of NORTEC A/S.
As of March 26, 1997, Michael Sand has joined the board of directors of NORTEC A/S.
As of March 26, 1997, Maiken Sand has joined the board of directors of NORTEC A/S.
As of March 26, 1997, Tom Steve Madsen is registered as director of NORTEC A/S.
NORTEC A/S was founded on March 26, 1997.
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