NORTEC A/S: Financial statements 2025
CVR: 19992306
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
NORTEC A/S (CVR 19992306) has filed annual accounts for 2025. 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. That is an increase of 4.3% compared with the year before. Equity in the 2025 report amounted to DKK 102,095,979. The solvency ratio was 18.2%. The company had 112 employees in the financial year.
- Gross Profit
- DKK 107,199,089
- Profit/Loss
- DKK 12,300,686
- Equity
- DKK 102,095,979
- Total Assets
- DKK 560,021,405
- Employees
- 112
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | - | 107.2 mio. | 12.3 mio. | 102.1 mio. | 112 |
| 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 |
Official annual report
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As of December 31, 2025, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORTEC A/S.
As of December 31, 2025, EY Godkendt Revisionspartnerselskab has stepped down as auditor of NORTEC A/S.
As of December 30, 2025, Morten Elgaard Bak is registered as director of NORTEC A/S.
NORTEC A/S has published its annual report for 2024. Gross profit came to DKK 102,735,045, and the net result was DKK 17,837,694.
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.