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Otek A/S

Public limited companyCVR 40625232HaderslevActive

Otek A/S is a public limited company, based in Haderslev, active in construction of utility projects for electricity and telecommunications, founded in 2019. Net profit fell 46% from 2024 to 2025, ending at DKK 854k. Measured by gross profit, it ranks no. 4 of 53 companies in the industry in the database. Operations are spread over 4 production units.

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Key figures · financial year 2025

Gross profitDKK 71.3m−15.1% vs. 2024
Net profitDKK 854k−46.3% vs. 2024
EquityDKK 20.7m+4.3% vs. 2024
Employees73latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 15% (2024 → 2025), to DKK 71.3m.
  • Net profit fell 46% (2024 → 2025), to DKK 854k.
  • Equity rose 4% (2024 → 2025), to DKK 20.7m.

Employees

  • 42 fewer employees than a year earlier: 73 (07/2026) against 115 (07/2025).

Management and owners, last 24 months

  • Stepped down: Kjeld Asmussen (board member, 11/04/2025) and Sten Møgelvang Nielsen (director, 05/10/2026).

Registrations, last 24 months

  • 19/01/2026: Moved to Norgesvej 24B, 6100 Haderslev
  • 01/01/2025: Industry changed to Construction of utility projects for electricity and telecommunications (422200)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Otek A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit29,37352,05964,24594,39483,92671,259−15.1%
Operating profit (EBIT)7891,4665,36622,6925,4614,102−24.9%
Profit before tax2877754,09019,8052,0801,139−45.2%
Net profit1916223,14815,4351,589854−46.3%
Total assets38,51345,51248,03463,21572,36368,527−5.3%
Equity3,0953,7176,86422,29919,88920,742+4.3%
Liabilities35,11841,34139,77438,58350,23945,509−9.4%
Cash and cash equivalents01,00402,5210––
Average number of employees5295102116123101−17.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (54 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Otek A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202508/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202418/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202231/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202122/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/03/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02040608010012014016008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

54 companies in the database

Comparison with the other companies in construction of utility projects for electricity and telecommunications based on the latest financial year.

Gross profitDKK 71.3mNo. 4 of 53
Better than 94% of the companies in the industry
EquityDKK 20.7mNo. 12 of 54
Better than 79% of the companies in the industry
Number of employees73No. 4 of 54
Better than 94% of the companies in the industry

Industry median: gross profit DKK 5.5m, net profit DKK 597k, equity DKK 2.8m, 10 employees.

DKK 371kDKK 3.9mDKK 40.6mDKK 424.9mDKK 2bnHere
Distribution of gross profit for 50 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 1,134of 4,412
Better than 74%
No. 2,157of 4,466
Better than 52%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 461of 33,588
Better than 99%
No. 2,243of 33,687
Better than 93%
All companies of type A/S18,025 companies in the comparison
No. 2,131of 17,786
Better than 88%
No. 6,040of 18,024
Better than 66%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Construction of utility projects for electricity and telecommunications
Gross profit
  1. Otek A/SDKK 71.3m
  2. Ørsted Wind Power A/SDKK 4.4bn
  3. Tjæreborg Industri A/SDKK 116.9m
Net profit
  1. Otek A/SDKK 854k
  2. Ørsted Wind Power A/SDKK 3.6bn
  3. Tjæreborg Industri A/SDKK 7.2m
Equity
  1. Otek A/SDKK 20.7m
  2. Ørsted Wind Power A/SDKK 24.7bn
  3. Tjæreborg Industri A/SDKK 70.9m
Employees
  1. Otek A/S73
  2. Ørsted Wind Power A/S1,198
  3. Tjæreborg Industri A/S152

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Hans Aarøe Invest ApS50%
  • Sten Nielsen Holding ApS50%
Otek A/S

Management

5 active registrations

Executive management

Executive management at Otek A/S
NameRoleAppointed
Hans Krag AarøeDirector23/08/2019

Board of directors

Board of directors at Otek A/S
NameRoleAppointed
Sten Møgelvang NielsenBoard member01/07/2019
Morten Møgelvang JensenBoard member01/07/2019
Hans Krag AarøeBoard member23/08/2019
Michael Delcke JensenChair of the board23/08/2019
Founders
Hans Aarøe Invest ApS, Sten Nielsen Holding ApS
Former management (4)
Former management at Otek A/S
NameRoleAppointedResigned
Hans Krag AarøeChair of the board01/07/201922/08/2019
Sten Møgelvang NielsenCEO01/07/201922/08/2019
Kjeld AsmussenBoard member23/08/201911/04/2025
Sten Møgelvang NielsenDirector23/08/201905/10/2026

Signing rule: Selskabet tegnes af den samlede direktion.

Address and production units

4 active production units

Norgesvej 24B
6100 Haderslev

Haderslev Municipality · Postcode 6100

Production units
Production unitAddressEmployeesP number
OTEK A/SNorgesvej 24B, 6100 Haderslev01024830655
Otek A/SRibevej 41A, 6500 Vojens–1029854471
Otek A/SRibevej 39, 6500 Vojens–1029854439
Otek A/SRibevej 45, 6500 Vojens–1029854455

Purpose

Virksomhedens formål er entreprenør arbejde

The purpose is quoted from the register in Danish.

Changes year by year

25 registered events
20263 changesmanagement 1 · accounts 1 · address 1
  • Sten Møgelvang Nielsen stepped down as director
  • Annual report for 2025 published
  • Moved to Norgesvej 24B, 6100 Haderslev
20253 changesaccounts 1 · management 1 · industry 1
  • Annual report for 2024 published
  • Kjeld Asmussen stepped down as board member
  • Industry changed to Construction of utility projects for electricity and telecommunications (422200)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
201915 changesmanagement 11 · address 1 · founded 1 · ownership 2
  • Sten Møgelvang Nielsen appointed director
  • Hans Krag Aarøe appointed director
  • Hans Krag Aarøe appointed board member
  • Michael Delcke Jensen appointed chair of the board
  • Kjeld Asmussen appointed board member
  • Sten Møgelvang Nielsen stepped down as ceo
  • Hans Krag Aarøe stepped down as chair of the board
  • Moved to Norgesvej 22C, 6100 Haderslev
  • Registered as OTEK A/S
  • Sten Møgelvang Nielsen appointed board member
  • Sten Møgelvang Nielsen appointed ceo
  • Hans Krag Aarøe appointed chair of the board
  • Morten Møgelvang Jensen appointed board member
  • Hans Aarøe Invest ApS registered as owner (50%)
  • Sten Nielsen Holding ApS registered as owner (50%)

Related companies

Same industry in Haderslev

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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