POWER TOOL DANMARK A/S: Financial statements 2020
CVR: 10462584
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
POWER TOOL DANMARK A/S (CVR 10462584) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 5,541,367 and a net result of DKK 2,462,184 compared with DKK 273,428 the year before. That is an increase of 60% compared with the year before. Equity in the 2020 report amounted to DKK 11,483,934. The solvency ratio was 57.1%. The company had 8 employees in the financial year.
- Gross Profit
- DKK 5,541,367
- Profit/Loss
- DKK 2,462,184
- Equity
- DKK 11,483,934
- Total Assets
- DKK 20,122,921
- Employees
- 8
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 5.5 mio. | 2.5 mio. | 11.5 mio. | 8 |
| 2019 | - | 3.5 mio. | 273 t. | 9.5 mio. | 7 |
| 2018 | - | 4.3 mio. | 910 t. | 9.3 mio. | 7 |
| 2017 | - | 5.3 mio. | 2.5 mio. | 8.5 mio. | 7 |
| 2016 | - | 4.6 mio. | 2.1 mio. | 8.4 mio. | - |
Official annual report
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As of October 28, 2020, Gitte Nielsen has joined the board of directors of POWER TOOL DANMARK A/S.
As of October 28, 2020, Lone Faarbæk Nielsen has left the board of directors of POWER TOOL DANMARK A/S.
POWER TOOL DANMARK A/S has published its annual report for 2019. Gross profit came to DKK 3,464,005, and the net result was DKK 273,428.
About POWER TOOL DANMARK A/S
POWER TOOL DANMARK A/S is a Danish company of the type Aktieselskab based in Aalborg Øst, founded in 1986. The company is registered under the industry Engroshandel med værktøjsmaskiner. The company was previously named KEM NIELSEN ApS and GAIA KOMMUNIKATION ApS. The management consists of Kem Faarbæk Nielsen. The board consists of Gitte Nielsen, Kasper Faarbæk Nielsen, Kem Faarbæk Nielsen and Rikke Faarbæk Nielsen. The company is owned by POWER TOOL DANMARK HOLDING ApS and KFN Holding ApS. The company has 7 employees (2026). In 2025, the company reported a gross profit of DKK 7,415,802 and a net result of DKK 3,581,192 compared with DKK 1,945,371 the year before. Equity in the 2025 report amounted to DKK 14,780,632.