NORTEC A/S: Financial statements 2017
CVR: 19992306
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
NORTEC A/S (CVR 19992306) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 40,112,151 and a net result of DKK 3,918,817 compared with DKK 2,872,350 the year before. That is an increase of 14.8% compared with the year before. Equity in the 2017 report amounted to DKK 24,479,352. The solvency ratio was 22.6%. The company had 45 employees in the financial year.
- Gross Profit
- DKK 40,112,151
- Profit/Loss
- DKK 3,918,817
- Equity
- DKK 24,479,352
- Total Assets
- DKK 108,540,015
- Employees
- 45
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | - | 40.1 mio. | 3.9 mio. | 24.5 mio. | 45 |
| 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. | - |
Official annual report
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Set up monitoringEvents in 2017
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.
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.