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NORTEC A/S: Financial statements 2022

CVR: 19992306

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

NORTEC A/S (CVR 19992306) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 74,165,552 and a net result of DKK 2,626,058 compared with DKK 9,334,247 the year before. That is an increase of 19.2% compared with the year before. Equity in the 2022 report amounted to DKK 50,164,839. The solvency ratio was 17.3%. The company had 68 employees in the financial year.

Gross Profit
DKK 74,165,552
Profit/Loss
DKK 2,626,058
Equity
DKK 50,164,839
Total Assets
DKK 289,862,370
Employees
68

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-74.2 mio.2.6 mio.50.2 mio.68
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

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Events in 2022

NORTEC A/S: The 2021 annual report is outMay 18, 2022

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.

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