NORTEC A/S: Financial statements 2024
CVR: 19992306
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
NORTEC A/S (CVR 19992306) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 102,735,045 and a net result of DKK 17,837,694 compared with DKK 17,165,387 the year before. That is an increase of 0.5% compared with the year before. Equity in the 2024 report amounted to DKK 85,167,920. The solvency ratio was 21%. The company had 95 employees in the financial year.
- Gross Profit
- DKK 102,735,045
- Profit/Loss
- DKK 17,837,694
- Equity
- DKK 85,167,920
- Total Assets
- DKK 405,435,868
- Employees
- 95
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 102.7 mio. | 17.8 mio. | 85.2 mio. | 95 |
| 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 |
Official annual report
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As of November 26, 2024, Morten Elgaard Bak has joined the board of directors of NORTEC A/S.
NORTEC A/S has published its annual report for 2023. Gross profit came to DKK 102,257,497, and the net result was DKK 17,165,387.
As of January 23, 2024, EY Godkendt Revisionspartnerselskab has been appointed auditor of NORTEC A/S.
As of January 22, 2024, EY Godkendt Revisionspartnerselskab has stepped down as auditor 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.