ODSHERRED VARME A/S

CVR 34203563 · Public limited company (A/S) · Active · Low risk

ODSHERRED VARME A/S is a Public limited company (A/S), founded on , based in Grevinge. The company is registered in the industry fjernvarmeforsyning. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 15 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 -480.8m and a net result of DKK 46.7m.

Bankruptcy risk for ODSHERRED VARME A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
34203563
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Hovedgaden 39
4571 Grevinge
Municipality
Odsherred
Industry
Fjernvarmeforsyning (353000)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityYes
Equity ratio-150.6%
Current ratio550%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 48.5mDKK 30.3mDKK 63.3m
Gross profitDKK -126.2mDKK 47.8mDKK -111.3m
Net profitDKK 46.7mDKK 86.5mDKK -621.2m
EquityDKK -480.8mDKK -527.4mDKK -629.5m
Total assetsDKK 319.3mDKK 932.0mDKK 522.2m
CashDKK 64.9mDKK 32.4m–
Short-term debtDKK 17.2mDKK 1.4bn–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024209 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011153

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
CEOGhita Reitzel
CEOFanny Vedel Villadsen
BoardMajbritt Friborg GreveCurrent
BoardJesper Haagensen KnudsenCurrent
BoardJan StrømvigCurrent
BoardLars TherkildsenCurrent
BoardErik Lynge Skovgaard JensenCurrent
BoardJan Larsen
BoardLone Ditlevsen
BoardTrine Gaarde Hansen
BoardAnnelis Stamm
BoardRudy Rune
BoardPeter Madsen Kvarts
BoardOtto Kimer Jensen
BoardHans Ejner Kryger
BoardHenrik Riise Graff Søborg
BoardVagn Ytte Ørnebjerg Larsen
BoardJesper Hermann Koch
BoardAllan Andersen
BoardJesper Haagensen Knudsen
BoardFinn Hallberg
BoardTorben Møller
BoardFinn Hallberg
BoardAllan Andersen
BoardKim Buurskov
BoardVagn Ytte Ørnebjerg Larsen
BoardAllan Andersen
BoardPaw Pedersen
BoardAllan Andersen
BoardThomas Strecker Lerbak Adelskov
BoardLasse Storm Lindholt
BoardMathias Kristian Mousten Hansen
BoardJesper Høgedal
BoardMaria Liv Holck
BoardSusan Hørlyck Münster
BoardNiels Jørgen Larsen
BoardSvend Carlo Vedel Müller
BoardTina Füssel
BoardTrine Madsen Engel
Owner (100%)ODSHERRED FORSYNING A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderOdsherred KommuneCurrent

The CEOs' other companies

Ghita Reitzel – 6 other companies, of which 1 bankrupt

Fanny Vedel Villadsen – 7 other companies, of which 1 bankrupt

Address history (1 moves)

Hovedgaden 39, 4571 Grevinge
c/o Odsherred Kommune, Nyvej 22, 4573 Højby

Other companies at the same address

Similar companies in Odsherred

Questions and answers about ODSHERRED VARME A/S

Has ODSHERRED VARME A/S gone bankrupt?

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

What is the bankruptcy risk of ODSHERRED VARME A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of ODSHERRED VARME A/S?

ODSHERRED VARME A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ODSHERRED VARME A/S founded?

ODSHERRED VARME A/S was founded on 31 December 2011.

What is the equity of ODSHERRED VARME A/S?

Equity was DKK -480.8m 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.