SANDOZ A/S

CVR 27744532 · Public limited company (A/S) · Active · Low risk

SANDOZ A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry engroshandel med medicinalvarer og sygeplejeartikler. 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 662.8m and a net result of DKK 85.2m.

Bankruptcy risk for SANDOZ A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%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
27744532
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Edvard Thomsens Vej 14, 1.
2300 København S
Municipality
København
Industry
Engroshandel med medicinalvarer og sygeplejeartikler (464610)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 12.0m
Employees
136 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityNo
Equity ratio43.6%
Current ratio267%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 2.5bnDKK 2.5bnDKK 2.3bn
Gross profitDKK 260.2mDKK 240.6mDKK 233.6m
Net profitDKK 85.2mDKK 48.0mDKK 68.5m
EquityDKK 662.8mDKK 577.6mDKK 529.6m
Total assetsDKK 1.5bnDKK 1.5bnDKK 1.4bn
Short-term debtDKK 569.3mDKK 681.7m–
Tax owedDKK 0DKK 906k–
Avg. employees137141–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006113

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
CEOJens Piilgaard Nielsen
CEOHåkan Josephson
CEOOlof Johannes Milveden
CEOKen Rasmussen
BoardNete BrændgaardCurrent
BoardDiane Marie DiGangiCurrent
BoardLawrence Edward MeadCurrent
BoardJens Piilgaard Nielsen
BoardCarit Jacques Andersen
BoardLone Aagaard
BoardAlexander David Hardy
BoardJan Oluf Eriksson
BoardJean-Claude Dubos
BoardHubert Hirzinger
BoardHari Sven Venkita Ayer Krishnan
BoardChristopher Lewis Kaplan
BoardHari Sven Venkita Ayer Krishnan
BoardAndreas Strüngmann
BoardKen Rasmussen
BoardEric Gorka
BoardThomas Weigold
BoardNicholas Robert Haggar
BoardNiklas Olof Karlberg
BoardSue Ann Webb
BoardPierluigi Antonelli
BoardKnut Ulrich Mager
BoardFrancesco Balestrieri
BoardJudith Louise Love
BoardCarsten Gleerup
BoardMartin Bischof
BoardRebecca Flückiger Guntern
BoardNete Brændgaard
BoardAdri Mussolini Simamora
BoardAljoscha Boris Patrick Stroh
BoardChristophe Delenta
BoardKerstin Elisabeth Jarvheden
Owner (100%)Sandoz AGCurrent
Owner (100%)NOVARTIS HEALTHCARE A/S
AuditorKPMG P/SCurrent
AuditorCJ Partnership I/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Jens Piilgaard Nielsen – 10 other companies

Ken Rasmussen – 11 other companies, of which 1 bankrupt

Address history (2 moves)

Edvard Thomsens Vej 14, 1., 2300 København S
Edvard Thomsens Vej 14, 7., 2300 København S
C.F.Tietgens Boulev 40, 5220 Odense SØ

Former names

SANDOZ A/S – now
DURASCAN MEDICAL PRODUCTS A/S –

Employees per year

Number of employees at SANDOZ A/S per year681362011: 6320112012: 6520122013: 9020132014: 9520142015: 10920152016: 12520162017: 13020172018: 1362018

Other companies at the same address

Similar companies in København

Questions and answers about SANDOZ A/S

Has SANDOZ A/S gone bankrupt?

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

What is the bankruptcy risk of SANDOZ 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 SANDOZ A/S?

SANDOZ A/S most recently used KPMG P/S.

When was SANDOZ A/S founded?

SANDOZ A/S was founded on 17 May 2004.

What is the equity of SANDOZ A/S?

Equity was DKK 662.8m 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.