OTIS A/S

CVR 32349110 · Public limited company (A/S) · Active · Low risk

OTIS A/S is a Public limited company (A/S), founded on , based in Herlev. The company is registered in the industry andre bygningsinstallationsaktiviteter. 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 9 more than six months after the end of the financial year. The latest annual report (30 Nov 2025) shows equity of DKK 164.0m and a net result of DKK 11.9m. CEO: Martin Renow Hansen.

Bankruptcy risk for OTIS A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
32349110
Status
Active
Company type
Public limited company (A/S)
Founded
(64 years)
Address
Ellekær 9A
2730 Herlev
Municipality
Herlev
Industry
Andre bygningsinstallationsaktiviteter (432400)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 10.5m
Employees
208 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late15 of 31
Missing annual reportNo
Negative equityNo
Equity ratio58.5%
Current ratio80%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 339.3mDKK 370.9m
Gross profitDKK 63.5mDKK 60.1m
Net profitDKK 11.9mDKK 2.6m
EquityDKK 164.0mDKK 152.1m
Total assetsDKK 280.4mDKK 330.7m
Short-term debtDKK 108.4m–
Avg. employees183–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Dec 2024 – 30 Nov 2025198 Late Restated
1 Dec 2023 – 30 Nov 2024184 Late
1 Dec 2022 – 30 Nov 2023200 Late
1 Dec 2021 – 30 Nov 2022212 Late
1 Dec 2020 – 30 Nov 2021198 Late
1 Dec 2019 – 30 Nov 2020170
1 Dec 2018 – 30 Nov 2019240 Late
1 Dec 2017 – 30 Nov 2018173
1 Dec 2016 – 30 Nov 2017182
1 Dec 2015 – 30 Nov 2016168
1 Dec 2014 – 30 Nov 2015166
1 Dec 2013 – 30 Nov 2014184 Late
1 Dec 2012 – 30 Nov 2013240 Late
1 Dec 2011 – 30 Nov 2012165
1 Dec 2010 – 30 Nov 2011153
1 Dec 2009 – 30 Nov 2010148
1 Dec 2008 – 30 Nov 2009184 Late
1 Dec 2007 – 30 Nov 2008151
1 Dec 2006 – 30 Nov 2007153
1 Dec 2005 – 30 Nov 2006139

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
CEOMartin Renow HansenCurrent
CEOClaes Fredrik Sven Sederholm
CEOSøren Molberg
CEOChristian Leth Nielsen
CEOFatih Sacan
CEOMuharrem Cinay
BoardRobert William SadlerCurrent
BoardOtto SvellovCurrent
BoardRajpal SinghCurrent
BoardAles KorotvickaCurrent
BoardStig Østergaard SørensenCurrent
BoardMuharrem CinayCurrent
BoardErik Dam Hansen
BoardHans Erik Andersen
BoardCarsten Ivar Carstensen
BoardErik Arthur Mortensen
BoardHans Robert Storm
BoardKaj Palle Rosenkilde
BoardSvend Møller
BoardJørgen Reinholdt Nielsen
BoardTorben Andersen
BoardVagn Holm
BoardYves Jean-Francois Hecht
BoardJacques Raoul Lalo
BoardPentti Juhani Rikkinen
BoardMarco Bonissone
BoardBent Herlevsen
BoardVagn Holm
BoardNiels Jørgen Jørgensen
BoardLeo Bang Andersen
BoardLeo Bang Andersen
BoardFinn Jeff Lernø
BoardPentti Juhani Rikkinen
BoardBruno Christian Maria Grob
BoardPer Drews
BoardLars Zacharias Jensen
BoardSean Anders Kilpatrick
BoardSean Anders Kilpatrick
BoardJosef Petrus G Paesen
BoardClaes Fredrik Sven M Sederholm
BoardMary Dorit Delcomyn
BoardVagn Holm
BoardJørn Minke
BoardGert Clemensen
BoardJean Louis Robert Dillard
BoardMohamed Abdelouhab Bougheroumi
BoardVagn Holm
BoardAino Marjut Ontronen
BoardSammy David Goe
BoardJerome Paul Spencer
BoardJean-Luc Robert Lavenir
BoardRiku Matti Kolari
BoardKjeld Ihler Grøndahl Pedersen
BoardPer Drews
BoardMarc Pierre André Vachette
BoardSten Henrik Ingvar Nordin
BoardJean Pierre Dejoux
BoardThierry Jaillot
BoardCarsten Bøje Larsen
BoardTorben Dahlgaard Jørgensen
BoardArne Olsen
BoardThomas Hindhede
BoardMatti Olavi Kuivalainen
BoardTorben Dahlgaard Jørgensen
BoardMarc Pierre André Vachette
BoardFazil Serdar Demirkesen
BoardBora Gülan
BoardAlexander Reznik
BoardJørgen Helmuth Brodersen
BoardRomain Michel Tracz
BoardFazil Serdar Demirkesen
BoardAndrew Steven Bierer
BoardEmma Clare Bryan
BoardWesley Esther G. Steels
Owner (100%)Alder Paris Holdings SASCurrent
Owner (100%)ALDER HOLDINGS SAS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB

The CEOs' other companies

Søren Molberg – 1 other companies

Christian Leth Nielsen – 1 other companies

Address history (0 moves)

Ellekær 9A, 2730 Herlev

Former names

OTIS A/S – now
OTIS ELEVATOR A/S –

Employees per year

Number of employees at OTIS A/S per year1042082011: 17020112012: 17720122013: 18920132014: 18520142015: 17520152016: 18020162017: 18320172018: 2082018

Other companies at the same address

Similar companies in Herlev

Questions and answers about OTIS A/S

Has OTIS A/S gone bankrupt?

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

What is the bankruptcy risk of OTIS 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 CEO of OTIS A/S?

Martin Renow Hansen is the CEO of OTIS A/S.

Who is the auditor of OTIS A/S?

OTIS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was OTIS A/S founded?

OTIS A/S was founded on 27 February 1962.

What is the equity of OTIS A/S?

Equity was DKK 164.0m according to the annual report for the period ending 30 November 2025.

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