CTS Denmark A/S

CVR 25954971 · Public limited company (A/S) · Active · Low risk

CTS Denmark A/S is a Public limited company (A/S), founded on , based in Kvistgård. The company is registered in the industry fremstilling af elektroniske komponenter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 136.2m and a net result of DKK 75.7m. CEO: Pratik Harendra Trivedi.

Bankruptcy risk for CTS Denmark A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×

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
25954971
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Porthusvej 4
3490 Kvistgård
Municipality
Helsingør
Industry
Fremstilling af elektroniske komponenter (261100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 26.5m
Employees
107 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 25
Missing annual reportNo
Negative equityNo
Equity ratio61.3%
Current ratio240%
Moves (last 2 years)0
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 187.8mDKK 134.5mDKK 113.5m
Net profitDKK 75.7mDKK 48.9mDKK 28.8m
EquityDKK 136.2mDKK 109.8mDKK 67.6m
Total assetsDKK 222.2mDKK 145.5mDKK 94.4m
CashDKK 28.1mDKK 26.5m–
Short-term debtDKK 83.7mDKK 30.8m–
Tax owedDKK 23.8mDKK 13.0m–
Avg. employees116101–

Latest annual report: Reporting class C, mellemstor virksomhed · 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 2023185 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017180
1 Jan 2016 – 31 Dec 2016177
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014162
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007161
1 Jan 2006 – 31 Dec 2006135

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
CEOWanda Wieslawa Wolny
CEOFrank Andreas Jespersen
CEOMickey Manillo Minor Nielsen
CEOWilliam Michael Cahill
CEOScott Louis D'Angelo
BoardPratik Harendra TrivediCurrent
BoardSheri Drucker DavisCurrent
BoardRex Shaochih ChangCurrent
BoardPeter Mahrt
BoardRonald Staut
BoardHasan Teoman
BoardWanda Wieslawa Wolny
BoardJesper Holm Nielsen
BoardIan R Henderson
BoardLone Schøtt Kunøe
BoardTorsten Bove
BoardSven Madsen
BoardIb Kunøe
BoardPhilip Ernest Green
BoardStephen Gareth Young
BoardMark Lees Young
BoardMarina Louise Thomas
BoardIan Keith Pargeter
BoardPeter Huber
BoardTorsten Bove
BoardAnnette Mary Oonagh Hobhouse
BoardFrank Andreas Jespersen
BoardChristopher Laurie Allen
BoardShubhayu Chakraborty
BoardHelge Björn Huerkamp
BoardPaul Francois Marc Devaux
BoardWilliam Michael Cahill
BoardJeffrey Charles Gulbranson
BoardAndrew Jeffrey Warren
BoardScott Louis D'Angelo
BoardScott Louis D'Angelo
BoardDeanna Rene Kunze
Owner (100%)CTS Denmark Holding A/SCurrent
Owner (100%)Meggitt International Ltd.
Owner (100%)CTS Denmark Holding A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorANDERSEN HÜBERTZ KIRKHOFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorTOP B ApS
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderAPC International LtdCurrent

The CEOs' other companies

Wanda Wieslawa Wolny – 4 other companies, of which 1 bankrupt

Frank Andreas Jespersen – 1 other companies

Address history (1 moves)

Porthusvej 4, 3490 Kvistgård
Hejreskovvej 18A, 3490 Kvistgård

Former names

CTS Denmark A/S – now
Ferroperm Piezoceramics A/S –
MEGGITT A/S –
FERROPERM PIEZOCERAMICS A/S –
APC DENMARK A/S –

Employees per year

Number of employees at CTS Denmark A/S per year541072011: 5420112012: 6520122013: 7120132014: 8620142015: 10420152016: 9920162017: 9720172018: 1072018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about CTS Denmark A/S

Has CTS Denmark A/S gone bankrupt?

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

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

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

Who is the CEO of CTS Denmark A/S?

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

Who is the auditor of CTS Denmark A/S?

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

When was CTS Denmark A/S founded?

CTS Denmark A/S was founded on 15 March 2001.

What is the equity of CTS Denmark A/S?

Equity was DKK 136.2m 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.