CVR 19992306Public limited company (A/S)Engroshandel med hvidevarer og elektriske husholdningsartikler (464310)VejleFounded 26 Mar 1997
Employees
126
CVR registry, Aug 2026
+11 (+9.6%) over 12 months
Gross profit
107.2M
DKK, annual report 2025
+4.3% on 2024
Result
+12.3M
DKK, annual report 2025
Equity
102.1M
DKK, annual report 2025
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about NORTEC A/S, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexNorland Invest ApSCVR 31080665, 33.3% to under 50% of capital and votes, since 12 Apr 2011
STENSEMINDE HOLDING ApSCVR 27082874, 25% to under 33.3% of capital and votes, since 11 Jun 2026
and 2 moreMorten Elgaard Baksince 30 Dec 2025
Michael Sandsince 21 Dec 2012
CVR 2708287425% to under 33.3% of capital and votessince 11 Jun 2026
CVR 2544068415% to under 20% of capital and votessince 12 Apr 2011
CVR 3108066533.3% to under 50% of capital and votessince 12 Apr 2011
CVR 4417002710% to under 15% of capital and votessince 7 Jul 2023
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
3 Danish companies.
SubsidiaryCVR 19787494100% of capital and votes
SubsidiaryCVR 4463792866.7% to under 90% of capital and votes
CVR 3839758310% to under 15% of capital and votes
Found by searching the CVR owner register (ejerregister) for NORTEC A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 40790578100% of capital and votes1 Sep 2025 to 13 May 2026
CVR records founders at incorporation. It does not record whether they are alive or still involved.
26 Mar 1997 to 2 Nov 2026.
26 Mar 1997 to 2 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 62,238 | 74,166 | 102,257 | 102,735 | 107,199 |
| Operating profit | +10,907 | +1,957 | +21,343 | +22,281 | +19,988 |
| Result for the year | +9,334 | +2,626 | +17,165 | +17,838 | +12,301 |
| Equity | 48,639 | 50,165 | 67,330 | 85,168 | 102,096 |
| Total assets | 241,043 | 289,862 | 339,059 | 405,436 | 560,021 |
| Employees (average) | 70 | 95 | 96 | 97 | 112 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | 2.8% | 18.4% | 37.9% | 0.5% | 5.2% |
| EBITDA | 20,316 | 14,226 | 34,079 | 33,460 | 33,700 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 32.6% | 19.2% | 33.3% | 32.6% | 31.4% |
| Employee growth (vækst i antal ansatte) | 2.9% | 35.7% | 1.1% | 1% | 15.5% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 153,677 | 191,851 | 198,354 | 234,289 | 339,457 |
| Gearing, NIBD / EBITDA | 7.6x | 13.5x | 5.8x | 7x | 10.1x |
| ROIC (afkast af investeret kapital) | 4.6% | 0.6% | 6.5% | 5.9% | 3.9% |
| Capex (investeringer i anlægsaktiver) | 13,123 | 31,177 | 10,152 | 20,106 | 40,898note 1 |
| FCFF / EBITDA (pengestrømskonvertering) | -102.3% | -270.4% | -30.7% | -81.2% | Not reported |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 16 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 23 May 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 3 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 29 Jun 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 18 May 2022
9 registered in CVR.
P-number 1014657688Hellasvej 26, 2300 København S
P-number 1014838011Haugled 32, 7300 Jelling
P-number 1014657718Hulkærvej 26, 2640 Hedehusene
P-number 1015026401Havdrupvej 12, 4623 Lille Skensved
P-number 1011749409Søndre Ringvej 49, 2605 Brøndby
P-number 1014657742Jonasdalen 25, 8300 Odder
P-number 1014657734Farsøvej 103, 9640 Farsø
P-number 1014657599Dragebakken 271, 5250 Odense SV
P-number 1004172201Ellehammersvej 16, 7100 Vejle
