LOTUS HEATING SYSTEMS A/S

CVR 26110475 · Public limited company (A/S) · Active · Low risk

LOTUS HEATING SYSTEMS A/S is a Public limited company (A/S), founded on , based in Langeskov. The company is registered in the industry engroshandel med andre husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 45.7m and a net result of DKK 2.7m.

Bankruptcy risk for LOTUS HEATING SYSTEMS A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
26110475
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Agertoften 6
5550 Langeskov
Municipality
Kerteminde
Industry
Engroshandel med andre husholdningsartikler i.a.n. (464990)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.1m
Employees
19 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 24
Missing annual reportNo
Negative equityNo
Equity ratio82.4%
Current ratio530%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 23.3mDKK 31.2m
Net profitDKK 2.7mDKK 10.4m
EquityDKK 45.7mDKK 50.0m
Total assetsDKK 55.5mDKK 65.3m
CashDKK 4,094–
Short-term debtDKK 9.3m–
Avg. employees29–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMGStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019233 Late
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015104
1 Jan 2014 – 31 Dec 201490
1 Jan 2013 – 31 Dec 2013104
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 2011100
1 Jan 2010 – 31 Dec 201065
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007167
1 Jan 2006 – 31 Dec 2006161

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
CEOPreben Hansen
CEOJohnny Laage Ebstrup
BoardBengt Olof Niklas GunnarssonCurrent
BoardLars Ulrich BorchCurrent
BoardMichael TolbøllCurrent
BoardKaare Sølvsten
BoardJohnny Laage Ebstrup
BoardThomas Storm Autzen
BoardPreben Hansen
BoardStian Frederik Varre
BoardLars Bjergegaard Hviid
Owner (100%)NIBE Industrier ABCurrent
AuditorKPMG P/SCurrent
AuditorEjendommen Arresøvej 48 / FINO Rådgivning
AuditorERNST & YOUNG DENMARK P/S
AuditorRR-SR A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S
FounderJLE FINANS ApSCurrent
FounderMAPPA ApSCurrent
FounderSØLVSTEN HOLDING A/SCurrent

The CEOs' other companies

Preben Hansen – 7 other companies

Johnny Laage Ebstrup – 10 other companies, of which 2 bankrupt

Address history (2 moves)

Agertoften 6, 5550 Langeskov
Agertoften 6, 5550 Langeskov
Stæremosen 22, 3250 Gilleleje

Former names

LOTUS HEATING SYSTEMS A/S – now
LOTUS AF 18. JUNI 2001 A/S –

Employees per year

Number of employees at LOTUS HEATING SYSTEMS A/S per year15302011: 3020112012: 2320122013: 2020132014: 2220142015: 2120152016: 2320162017: 2420172018: 192018

Questions and answers about LOTUS HEATING SYSTEMS A/S

Has LOTUS HEATING SYSTEMS A/S gone bankrupt?

No, LOTUS HEATING SYSTEMS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LOTUS HEATING SYSTEMS A/S?

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

Who is the auditor of LOTUS HEATING SYSTEMS A/S?

LOTUS HEATING SYSTEMS A/S most recently used KPMG P/S.

When was LOTUS HEATING SYSTEMS A/S founded?

LOTUS HEATING SYSTEMS A/S was founded on 1 July 2001.

What is the equity of LOTUS HEATING SYSTEMS A/S?

Equity was DKK 45.7m 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.