NORTEC A/S: Financial statements 2019
CVR: 19992306
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
NORTEC A/S (CVR 19992306) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 64,605,105 and a net result of DKK 14,630,607 compared with DKK 3,239,991 the year before. That is an increase of 44% compared with the year before. Equity in the 2019 report amounted to DKK 28,125,776. The solvency ratio was 16.3%. The company had 58 employees in the financial year.
- Gross Profit
- DKK 64,605,105
- Profit/Loss
- DKK 14,630,607
- Equity
- DKK 28,125,776
- Total Assets
- DKK 172,408,270
- Employees
- 58
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 64.6 mio. | 14.6 mio. | 28.1 mio. | 58 |
| 2018 | - | 44.9 mio. | 3.2 mio. | 27.7 mio. | 52 |
| 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. | - |
Official annual report
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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.
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.