CTS Denmark Holding A/S

CVR 20076488 · Public limited company (A/S) · Active · Low risk

CTS Denmark Holding A/S is a Public limited company (A/S), founded on , based in Kvistgård. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 288.7m and a net result of DKK 34.0m. CEO: Pratik Harendra Trivedi.

Bankruptcy risk for CTS Denmark Holding A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
20076488
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Porthusvej 4
3490 Kvistgård
Municipality
Helsingør
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 520k
Employees
27 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 29
Missing annual reportNo
Negative equityNo
Equity ratio30.9%
Current ratio50%
Moves (last 2 years)0
CEO changes in total14
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -497kDKK -1.4mDKK 22.1m
Net profitDKK 34.0mDKK -9.6mDKK 64.5m
EquityDKK 288.7mDKK 262.0mDKK 264.2m
Total assetsDKK 932.9mDKK 911.4mDKK 920.9m
CashDKK 24.1mDKK 29.5m–
Short-term debtDKK 137.9mDKK 81.5m–
Tax owedDKK 17.3mDKK 545k–
Avg. employees710–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025202 Late
1 Jan 2024 – 31 Dec 2024213 Late
1 Jan 2023 – 31 Dec 2023205 Late
1 Jan 2022 – 31 Dec 2022207 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018175
1 Jan 2017 – 31 Dec 2017136
1 Jan 2016 – 31 Dec 2016136
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010144
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007157
1 Jan 2006 – 31 Dec 2006156

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOPratik Harendra TrivediCurrent
CEOSteen Schierbeck
CEOBjørn Henrik Stenbock Andersen
CEOOle Wibom
CEOKlaus Blangsted-Jensen
CEOAlbert Vidiella Oromi
CEOWilliam Michael Cahill
CEOScott Louis D'Angelo
BoardPratik Harendra TrivediCurrent
BoardSheri Drucker DavisCurrent
BoardRex Shaochih ChangCurrent
BoardJens Johan Strøm
BoardJesper Alfred Miland
BoardRalph Meyrowitsch
BoardJørgen Granborg
BoardClaus Bo Andersen
BoardMarianne Wendel Miland
BoardKarina Cecilie Vestergaard Andersen
BoardFinn Helmer
BoardBo Holm Hansen
BoardClaus Resen Steenstrup
BoardMikael Klempel
BoardJens Palludan Rysgaard
BoardMarkus Aloys Dehler
BoardBjørn Henrik Stenbock Andersen
BoardKnud Foldschack
BoardMark Walter Cassens
BoardAlbert Vidiella Oromi
BoardWilliam Michael Cahill
BoardJeffrey Charles Gulbranson
BoardAndrew Jeffrey Warren
BoardAndrew Jeffrey Warren
BoardScott Louis D'Angelo
BoardScott Louis D'Angelo
BoardDeanna Rene Kunze
Owner (100%)CTS CorporationCurrent
Owner (67%)RYAN HOLDING ApS
Owner (25%)Siemens Technology Accelerator GmbH
Owner (100%)CTS International B.V.
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorCarl Edvard Gudbergsen
AuditorAUDITTEAM A/S
AuditorSCR REVISORERNE A/S
AuditorDATOSELSKABET AF 14. OKTOBER 2010 A/S
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderASX 9667 ApSCurrent

The CEOs' other companies

Steen Schierbeck – 46 other companies, of which 46 bankrupt

Bjørn Henrik Stenbock Andersen – 15 other companies, of which 1 bankrupt

Ole Wibom – 3 other companies

Klaus Blangsted-Jensen – 6 other companies

Address history (3 moves)

Porthusvej 4, 3490 Kvistgård
Hejreskovvej 18B, 3490 Kvistgård
Hejreskovvej 18B, 1. tv, 3490 Kvistgård
Nordre Strandvej 119A, 3150 Hellebæk

Former names

CTS Denmark Holding A/S – now
CTS Ceramics Denmark A/S –
NOLIAC A/S –
PZTECH A/S –
PZTECH ApS –
DELTEC DANMARK ApS –
SCSK 2062 ApS –

Employees per year

Number of employees at CTS Denmark Holding A/S per year18352011: 3520112012: 2820122013: 3120132014: 3120142015: 2420152016: 2520162017: 3420172018: 272018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about CTS Denmark Holding A/S

Has CTS Denmark Holding A/S gone bankrupt?

No, CTS Denmark Holding A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CTS Denmark Holding A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of CTS Denmark Holding A/S?

Pratik Harendra Trivedi is the CEO of CTS Denmark Holding A/S.

Who is the auditor of CTS Denmark Holding A/S?

CTS Denmark Holding A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was CTS Denmark Holding A/S founded?

CTS Denmark Holding A/S was founded on 1 April 1997.

What is the equity of CTS Denmark Holding A/S?

Equity was DKK 288.7m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.