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NORTEC A/S: Financial statements 2016

CVR: 19992306

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

NORTEC A/S (CVR 19992306) has filed annual accounts for 2016. In 2016, the company reported a gross profit of DKK 34,950,757 and a net result of DKK 2,872,350 compared with DKK 4,044,051 the year before. Equity in the 2016 report amounted to DKK 12,396,535. The solvency ratio was 15.6%. The company had 52 employees in the financial year.

Gross Profit
DKK 34,950,757
Profit/Loss
DKK 2,872,350
Equity
DKK 12,396,535
Total Assets
DKK 79,251,833
Employees
52

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2016-35 mio.2.9 mio.12.4 mio.52
2015--4 mio.9.5 mio.-
2014-28.7 mio.2.4 mio.7.8 mio.-
2013-26 mio.2.5 mio.7.8 mio.-
2012-24.2 mio.1.2 mio.5.3 mio.-

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Events in 2016

Tom Steve Madsen joins the board of NORTEC A/SSep 22, 2016

As of September 22, 2016, Tom Steve Madsen has joined the board of directors of NORTEC A/S.

Kim Lund Bennedbæk Clausen joins the board of NORTEC A/SSep 22, 2016

As of September 22, 2016, Kim Lund Bennedbæk Clausen has joined the board of directors of NORTEC A/S.

Robert Due Kvistgaard joins the board of NORTEC A/SSep 22, 2016

As of September 22, 2016, Robert Due Kvistgaard has joined the board of directors of NORTEC A/S.

Tom Steve Madsen leaves the board of NORTEC A/SSep 21, 2016

As of September 21, 2016, Tom Steve Madsen has left the board of directors of NORTEC A/S.

Robert Due Kvistgaard leaves the board of NORTEC A/SSep 21, 2016

As of September 21, 2016, Robert Due Kvistgaard has left the board of directors of NORTEC A/S.

NORTEC A/S: The 2015 annual report is outMay 26, 2016

NORTEC A/S has published its annual report for 2015. The net result was DKK 4,044,051.

NORTEC A/S appoints new auditorMay 10, 2016

As of May 10, 2016, EY Godkendt Revisionspartnerselskab has been appointed auditor of NORTEC A/S.

Auditor steps down at NORTEC A/SMay 10, 2016

As of May 10, 2016, RSM PLUS P/S STATSAUTORISEREDE REVISORER has stepped down as auditor of NORTEC A/S.

About NORTEC 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 Michael Sand and Morten Elgaard Bak. The board consists of Torben Bang (chair), Bjarne Lykkegård Riis, Christian Lund Madsen and Henrik Sørensen. The company's owners include STENSEMINDE HOLDING ApS, 4M HOLDING ApS and Norland Invest ApS. The company has 126 employees (2026). 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 in the 2025 report amounted to DKK 102,095,979.

Source: annual report 2025, Danish Business Authority