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NORTEC A/S: Financial statements 2021

CVR: 19992306

Source: annual report 2021, Danish Business Authority

01/01/2021 – 31/12/2021

NORTEC A/S (CVR 19992306) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 62,238,216 and a net result of DKK 9,334,247 compared with DKK 11,178,758 the year before. That is an increase of 2.8% compared with the year before. Equity in the 2021 report amounted to DKK 48,638,781. The solvency ratio was 20.2%. The company had 66 employees in the financial year.

Gross Profit
DKK 62,238,216
Profit/Loss
DKK 9,334,247
Equity
DKK 48,638,781
Total Assets
DKK 241,042,718
Employees
66

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2021-62.2 mio.9.3 mio.48.6 mio.66
2020-60.5 mio.11.2 mio.39.3 mio.65
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

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Events in 2021

René Groesmeyer joins the board of NORTEC A/SDec 21, 2021

As of December 21, 2021, René Groesmeyer has joined the board of directors of NORTEC A/S.

Steven Johnsen joins the board of NORTEC A/SDec 21, 2021

As of December 21, 2021, Steven Johnsen has joined the board of directors of NORTEC A/S.

Thomas Larsen joins the board of NORTEC A/SDec 21, 2021

As of December 21, 2021, Thomas Larsen has joined the board of directors of NORTEC A/S.

NORTEC A/S: The 2020 annual report is outMay 25, 2021

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.

Steen Duus joins the board of NORTEC A/SMay 18, 2021

As of May 18, 2021, Steen Duus 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.

Source: annual report 2025, Danish Business Authority