NORTEC A/S: Financial statements 2023
CVR: 19992306
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
NORTEC A/S (CVR 19992306) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 102,257,497 and a net result of DKK 17,165,387 compared with DKK 2,626,058 the year before. That is an increase of 37.9% compared with the year before. Equity in the 2023 report amounted to DKK 67,330,226. The solvency ratio was 19.9%. The company had 70 employees in the financial year.
- Gross Profit
- DKK 102,257,497
- Profit/Loss
- DKK 17,165,387
- Equity
- DKK 67,330,226
- Total Assets
- DKK 339,058,668
- Employees
- 70
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 102.3 mio. | 17.2 mio. | 67.3 mio. | 70 |
| 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 |
Official annual report
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See the API documentationEvents in 2023
As of October 23, 2023, Bjarne Lykkegård Riis has joined the board of directors of NORTEC A/S.
As of October 23, 2023, René Groesmeyer has left the board of directors of NORTEC A/S.
As of August 22, 2023, Lars Tylvad Andersen has joined the board of directors of NORTEC A/S.
As of July 7, 2023, 4M HOLDING ApS is registered as an owner of NORTEC A/S with an ownership share of 15%.
As of July 7, 2023, Norland Invest ApS is registered as an owner of NORTEC A/S with an ownership share of 33%.
As of July 7, 2023, Wepact ApS is registered as an owner of NORTEC A/S with an ownership share of 10%.
NORTEC A/S has published its annual report for 2022. Gross profit came to DKK 74,165,552, and the net result was DKK 2,626,058.
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.