CTS Denmark A/S

Legal ownership resolution (ejerforholdenes opløsning)

Ends at an owner outside CVRThe chain of majority owners ends at an owner outside CVR, through 1 company; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 14 Nov 2026.

Control tenure (ejerskabsperiode)

Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.

Group position (koncernforhold)

Has a parent, and no majority holding in a Danish companyControlled by a company in CVR; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 14 Nov 2026.

Signing authority, structured (tegningsregel, struktureret)

One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 14 Nov 2026.

EU SME size class (SMV-kategori)

Medium-sized enterprise116 average employees, balance sheet EUR 29.8M in the 2025 report, and the same class the year before; its group's figures are not counted and could raise the class. Dandex estimate, rule v2, computed 14 Nov 2026.

Long-run headcount growth (beskæftigelsesudvikling siden 1998)

GrowingEmployees +3.2% a year over 10 years to Aug 2026, from 107 to 145 on average; the peak was 148 in 2026. Dandex estimate, rule v1, computed 14 Nov 2026.

Demand cyclicality (konjunkturfølsomhed)

Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.

Registry and report headcount compared (ansatte i register og regnskab)

Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.

Auditor's report (revisorpåtegning)

AuditTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026, from the annual report for the year ending 31 Dec 2025.

Auditor's report findings (revisorpåtegning)

Pro: Auditor's report findings (revisorpåtegning) is in the Pro plan, see pricingThe auditor's findings: conclusion, going concern, emphasis, other matters, breaches.

Business model (forretningsmodel)

Manufacturer

• "The objectives of the Company is to develop, produce and sell piezoceramic components along with other related activities to our customers." (activity text)

Decision model, probability 1.00. Dandex estimate, rules and decision model v1, computed 13 Nov 2026, from the annual report for the year ending 31 Dec 2025.

Revenue model (indtægtsmodel)

Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit rating (kreditvurdering)

Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.

Capital loss (kapitaltab)

Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.

Filing deadline and punctuality (indsendelsesfrist)

Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

No changes since Dandex began following this company. For announcements from before then, see Registrations.

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For CTS Denmark A/S, that is:

Credit and debt

Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2021 to 2025.Credit rating, capital loss and filing deadline and punctuality.

Returns and cash flow

EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2021 to 2025.

Advanced estimates

Control tenure, demand cyclicality, registry and report headcount compared, auditor's report findings and revenue model.

Signals and monitoring

Signals on this company, as Dandex raises them.

See the Pro plan

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Signing rule (tegningsregel)

Selskabet tegnes af et bestyrelsesmedlem.since 11 Apr 2023

Purpose (formål)

Selskabets formål er at drive virksomhed med produktion af elektroniske komponenter samt anden dermed beslægtet erhvervsmæssig virksomhed.since 31 Dec 2014

Audit opted out (revision fravalgt)

Nosince 15 Mar 2001

Articles of association last changed (seneste vedtægtsdato)

1 May 2024

Share classes (kapitalklasser)

Nosince 1 May 2024

From CVR, read 14 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Name changes

4 in all, 2 in the last 5 years; latest 1 May 2024

Address changes

1 in all, none in the last 5 years; latest 3 Feb 2014At the current address for 12.8 years

Status changes

None recorded

Auditor changes

7 in all, 2 in the last 5 years; latest 20 Aug 2025With the current audit firm for 1.2 years

From CVR, read 14 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

40 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

1. 28 Aug 2025
   People change

   Bestyrelse:

   Fratrådte:

   Deanna Rene Kunze, (formand), den 15.08.2025, Jeffrey Charles Gulbranson, den 27.08.2025.

   Tiltrådte:

   Rex Shaochih Chang, den 28.08.2025, Sheri Drucker Davis, (formand), den 28.08.2025.

2. 20 Aug 2025
   Audit change

   Revision:

   Fratrådte:

   BDO Holding VII, statsautoriseret revisionsaktieselskab, den 20.08.2025.

   Tiltrådte:

   CVR-NR. 45719375 BDO 2025 Statsautoriseret Revisionspartnerselskab, Havneholmen 29, 1561 København V, den 20.08.2025.

3. 16 Jun 2025
   People change

   Bestyrelse:

   Fratrådte:

   Scott Louis D'Angelo, (formand), den 04.04.2025.

   Tiltrådte:

   Deanna Rene Kunze, (formand), den 13.06.2025.

4. 23 Sep 2024
   People change

   Bestyrelse:

   Fratrådte:

   Andrew Jeffrey Warren, (formand), den 13.09.2024, Scott Louis D'Angelo, den 13.09.2024.

   Tiltrådte:

   Pratik Harendra Trivedi, den 13.09.2024, Scott Louis D'Angelo, (formand), den 13.09.2024.

   Direktion:

   Show the full announcement

   Fratrådte:

   Scott Louis D'Angelo, den 13.09.2024.

   Tiltrådte:

   Pratik Harendra Trivedi, den 13.09.2024.

5. 28 May 2024
   Merger or demerger completed

   Erhvervsstyrelsen har modtaget oplysning om, at der er truffet beslutning om nedenstående spaltning.

   Aktiver og gæld er overdraget fra CVR-nummer: 20076488 CTS Ceramics Denmark A/S.

   Vedtægter ændret: 01.05.2024

   Nyt navn: CTS Denmark A/S

   Nye binavne: Ferroperm Piezoceramics A/S, NOLIAC A/S, PIEZO TECH A/S, PZTECH A/S

   Slettet binavn: Meggitt A/S

   Show the full announcement

   Kapitalforhøjelsen er besluttet den 01.05.2024.

   kr. 1.000,00, indbetalt ved spaltning, kurs 419.414,40.

   Kapitalen udgør herefter kr. 26.501.000,00.

6. 2 Apr 2024
   Merger or demerger announced

   Erhvervsstyrelsen har modtaget spaltningsplan for den påtænkte spaltning af CVR-nummer: 25954971 Ferroperm Piezoceramics A/S (modtagende), der tillige driver virksomhed under navnene INSENSOR A/S, Meggitt A/S og CVR-nummer: 20076488 CTS Ceramics Denmark A/S (indskydende fortsættende), der tillige driver virksomhed under navnene PIEZO TECH A/S, PZTECH A/S, NOLIAC A/S.

   Erhvervsstyrelsen har modtaget erklæring fra vurderingsmændene om, at kreditorerne i CVR-nummer: 25954971 Ferroperm Piezoceramics A/S og CVR-nummer: 20076488 CTS Ceramics Denmark A/S må antages at være tilstrækkeligt sikrede efter spaltningen.

7. 1 Dec 2023
   Other

   Vedtægter ændret: 01.12.2023

8. 11 Apr 2023
   People change

   Vedtægter ændret: 07.04.2023

   Bestyrelse:

   Fratrådte:

   William Michael Cahill, den 07.04.2023.

   Tiltrådte:

   Scott Louis D'Angelo, den 07.04.2023.

   Show the full announcement

   Direktion:

   Fratrådte:

   William Michael Cahill, den 07.04.2023.

   Tiltrådte:

   Scott Louis D'Angelo, den 07.04.2023.

   Selskabet tegnes af et bestyrelsesmedlem.

9. 10 Nov 2022
   Audit change

   Vedtægter ændret: 09.11.2022

   Selskabet tegnes af en direktør og et bestyrelsesmedlem i forening, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

   Revision:

   Fratrådte:

   PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 09.11.2022.

   Tiltrådte:

   CVR-NR. 20222670 BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, Havneholmen 29, 1561 København V, den 09.11.2022.

10. 29 Jul 2022
    People change

    Direktion:

    Fratrådte:

    Frank Andreas Jespersen, (adm. dir), den 28.07.2022, Mickey Manillo Minor Nielsen, den 28.07.2022.

    Tiltrådte:

    William Michael Cahill, den 28.07.2022.