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Denver A/S

CVR: 18831678

Growing 18% p.a.Medium companyWell-established (30 yrs)Profitable

Secondary names: DENVER ELECTRONICS A/S, INTER SALES SCANDINAVIA A/S, INTER SALES IMPORT/EXPORT A/S

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About Denver A/S

Denver A/S is a Danish company of the type Aktieselskab based in Hinnerup, founded in 1995. The company is registered under the industry Engroshandel med radio og tv, fotografiske og optiske artikler. The management consists of Torben Balmer. The company is owned by TU HOLDING ApS. The company has 36 employees. In 2026, the company reported revenue of DKK 331,834,000 and a net result of DKK 19,508,000 compared with DKK -1,139,000 the year before. Equity amounted to DKK 67,362,000.

The financial health of Denver A/S shows a notable recovery trajectory, with a significant increase in revenue to 331,834,000 DKK in 2026, up from 315,446,000 DKK in 2023. After experiencing a loss of 1,139,000 DKK in 2025, the company rebounded with profits of 19,508,000 DKK in 2026, indicating improved operational efficiency and profitability. However, equity has declined from 89,966,000 DKK in 2022 to 67,362,000 DKK in 2026, raising concerns about long-term financial stability. Positioned within the wholesale trade of radio, TV, and optical articles, Denver A/S demonstrates resilience but must address its equity erosion to strengthen its market position.

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Overview

Company type
A/S
Aktieselskab
Address
Omega 5A, 8382 Hinnerup
FAVRSKOV
8382 Hinnerup
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Founded
13.9.1995

Details

Industry
Engroshandel med radio og tv, fotografiske og optiske artikler
Code: 464320
Employees
36 employees
33 FTE
(2018)
Capital
10.000.000 kr.

Contact

Phone
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Purpose

Selskabets formål er at drive virksomhed med handel med elektronikvarer i ind- og udland og hermed beslægtede produkter.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2026331.8 mio.19.5 mio.227.3 mio.67.4 mio.63
2025--1.1 mio.216 mio.56.8 mio.71
2024-2.4 mio.208.1 mio.60.2 mio.70
2023315.4 mio.8.2 mio.234 mio.72 mio.76
2022412.2 mio.32.8 mio.291.8 mio.90 mio.73
2021444.8 mio.43.5 mio.226.4 mio.88.6 mio.64
2020312 mio.15.8 mio.159 mio.58.5 mio.37
2019333.1 mio.9.2 mio.167 mio.49.1 mio.36
2018361.1 mio.16.5 mio.153.6 mio.62.3 mio.37
2017-24 mio.161.4 mio.60 mio.35
2016-22.2 mio.134.2 mio.58.3 mio.31
2015-5.3 mio.108.6 mio.44.2 mio.30
2014-7.7 mio.119.6 mio.37 mio.24
2013-18.6 mio.90.2 mio.35 mio.29

How creditworthy is Denver A/S?

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Industry Benchmarks

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Compared to 168 companies in Engroshandel med radio og tv, fotografiske og optiske artikler

Revenue
Company331.8 mio.
Industry median2.2 mio.
153.2x
Profit margin
Company5.9%
Industry median23.0%
3.9x below
Employees
Company63
Industry median5
12.6x
Equity ratio
Company29.6%
Industry median50.0%
41% below

Comparison is based on industry median values

Ownership

Owners
TU HOLDING ApS
CVR: 18915839
100%
Denver A/S
CVR: 18831678
Subsidiaries
Denver IMEX A/S
CVR: 39506564(active)
100%

Management

Directors

Torben Balmer(DIREKTØR)

Board

Jesper Ganzhorn Ørskov(FORMAND)
Camilla Ulrich(BESTYRELSESMEDLEM)
Torben Ulrich(BESTYRELSESMEDLEM)

PEP screening

Screen owners and management against the Danish FSA's official PEP lists

Founders

Henrik Kristensen
HEKJET A/S

Production units (1)

Denver A/S
P-no: 1003575589
Omega 5A, 8382, Hinnerup
Engroshandel med radio og tv, fotografiske og optiske artikler
36 employees

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History

65 events
2026
Denver A/S: The 2026 annual report is outJun 10, 2026

Denver A/S has published its annual report for 2026. Revenue came to DKK 331,834,000, and the net result was DKK 19,508,000.

2025
Denver A/S: The 2025 annual report is outJun 13, 2025

Denver A/S has published its annual report for 2025. Gross profit came to DKK 36,971,000, and the net result was DKK -1,139,000.

2024
Denver A/S: The 2024 annual report is outSep 3, 2024

Denver A/S has published its annual report for 2024. Gross profit came to DKK 22,599,000, and the net result was DKK 2,351,000.

Henrik Kristensen leaves the board of Denver A/SAug 29, 2024

As of August 29, 2024, Henrik Kristensen has left the board of directors of Denver A/S.

Jette Dahl Trans Kristensen leaves the board of Denver A/SAug 29, 2024

As of August 29, 2024, Jette Dahl Trans Kristensen has left the board of directors of Denver A/S.

TU HOLDING ApS registered as owner of Denver A/SJul 31, 2024

As of July 31, 2024, TU HOLDING ApS is registered as an owner of Denver A/S with an ownership share of 100%.

2023
Denver A/S: The 2023 annual report is outMay 25, 2023

Denver A/S has published its annual report for 2023. Revenue came to DKK 315,446,000, and the net result was DKK 8,196,000.

2022
Denver A/S: The 2022 annual report is outJun 15, 2022

Denver A/S has published its annual report for 2022. Revenue came to DKK 412,238,000, and the net result was DKK 32,777,000.

2021
Denver A/S: The 2021 annual report is outJun 10, 2021

Denver A/S has published its annual report for 2021. Revenue came to DKK 444,822,000, and the net result was DKK 43,537,000.

Torben Balmer joins Denver A/S as directorApr 1, 2021

As of April 1, 2021, Torben Balmer is registered as director of Denver A/S.

Henrik Kristensen steps down as director of Denver A/SApr 1, 2021

As of April 1, 2021, Henrik Kristensen has stepped down as director of Denver A/S.

Torben Ulrich steps down as director of Denver A/SApr 1, 2021

As of April 1, 2021, Torben Ulrich has stepped down as director of Denver A/S.

2020
Henrik Kristensen joins Denver A/S as directorNov 2, 2020

As of November 2, 2020, Henrik Kristensen is registered as director of Denver A/S.

Torben Ulrich joins Denver A/S as directorNov 2, 2020

As of November 2, 2020, Torben Ulrich is registered as director of Denver A/S.

Alfred Blank steps down as adm. dir. of Denver A/SNov 2, 2020

As of November 2, 2020, Alfred Blank has stepped down as adm. dir. of Denver A/S.

Denver A/S: The 2020 annual report is outMay 19, 2020

Denver A/S has published its annual report for 2020. Revenue came to DKK 312,034,000, and the net result was DKK 15,784,000.

2019
Denver A/S: The 2019 annual report is outMay 27, 2019

Denver A/S has published its annual report for 2019. Revenue came to DKK 333,056,000, and the net result was DKK 9,207,000.

2018
Denver A/S: The 2018 annual report is outJul 2, 2018

Denver A/S has published its annual report for 2018. Revenue came to DKK 361,133,000, and the net result was DKK 16,474,000.

Winnie Rodam steps down as director of Denver A/SJun 6, 2018

As of June 6, 2018, Winnie Rodam has stepped down as director of Denver A/S.

2017
Denver A/S: The 2017 annual report is outSep 1, 2017

Denver A/S has published its annual report for 2017. Gross profit came to DKK 40,677,000, and the net result was DKK 24,024,000.

Henrik Kristensen steps down as director of Denver A/SAug 29, 2017

As of August 29, 2017, Henrik Kristensen has stepped down as director of Denver A/S.

Torben Ulrich steps down as director of Denver A/SAug 29, 2017

As of August 29, 2017, Torben Ulrich has stepped down as director of Denver A/S.

Winnie Rodam joins Denver A/S as directorMay 11, 2017

As of May 11, 2017, Winnie Rodam is registered as director of Denver A/S.

Alfred Blank joins Denver A/S as adm. dir.May 10, 2017

As of May 10, 2017, Alfred Blank is registered as adm. dir. of Denver A/S.

Winnie Rodam steps down as director of Denver A/SMay 10, 2017

As of May 10, 2017, Winnie Rodam has stepped down as director of Denver A/S.

2016
Denver A/S: The 2016 annual report is outMay 26, 2016

Denver A/S has published its annual report for 2016. Gross profit came to DKK 36,458,000, and the net result was DKK 22,182,000.

2015
Jesper Ganzhorn Ørskov joins the board of Denver A/SAug 26, 2015

As of August 26, 2015, Jesper Ganzhorn Ørskov has joined the board of directors of Denver A/S.

Henrik Steen Jensen leaves the board of Denver A/SAug 26, 2015

As of August 26, 2015, Henrik Steen Jensen has left the board of directors of Denver A/S.

Denver A/S: The 2015 annual report is outMay 28, 2015

Denver A/S has published its annual report for 2015. Gross profit came to DKK 19,874,000, and the net result was DKK 5,331,000.

2014
Denver A/S appoints new auditorNov 24, 2014

As of November 24, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SNov 24, 2014

As of November 24, 2014, Beierholm Godkendt Revisionspartnerselskab has stepped down as auditor of Denver A/S.

Denver A/S: The 2014 annual report is outMay 10, 2014

Denver A/S has published its annual report for 2014. Gross profit came to DKK 27,968,000, and the net result was DKK 7,676,000.

2013
Denver A/S: The 2013 annual report is outMay 14, 2013

Denver A/S has published its annual report for 2013. Gross profit came to DKK 38,869,000, and the net result was DKK 18,648,000.

2012
Denver A/S appoints new auditorAug 27, 2012

As of August 27, 2012, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SAug 27, 2012

As of August 27, 2012, REVISIONSGRUPPEN ÅRHUS/HOBRO UNDER STIFTELSE has stepped down as auditor of Denver A/S.

2009
Jette Dahl Trans Kristensen joins the board of Denver A/SMar 20, 2009

As of March 20, 2009, Jette Dahl Trans Kristensen has joined the board of directors of Denver A/S.

Camilla Ulrich joins the board of Denver A/SMar 20, 2009

As of March 20, 2009, Camilla Ulrich has joined the board of directors of Denver A/S.

Henrik Christian Strand leaves the board of Denver A/SMar 20, 2009

As of March 20, 2009, Henrik Christian Strand has left the board of directors of Denver A/S.

Dion Daa Petersen leaves the board of Denver A/SMar 20, 2009

As of March 20, 2009, Dion Daa Petersen has left the board of directors of Denver A/S.

2008
Denver A/S appoints new auditorOct 2, 2008

As of October 2, 2008, REVISIONSGRUPPEN ÅRHUS/HOBRO UNDER STIFTELSE has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SOct 2, 2008

As of October 2, 2008, SLP 11.800 A/S has stepped down as auditor of Denver A/S.

Winnie Rodam joins Denver A/S as directorMay 8, 2008

As of May 8, 2008, Winnie Rodam is registered as director of Denver A/S.

2007
Denver A/S appoints new auditorNov 20, 2007

As of November 20, 2007, SLP 11.800 A/S has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SNov 20, 2007

As of November 20, 2007, DRJ ÅBYHØJ ApS has stepped down as auditor of Denver A/S.

2006
Dion Daa Petersen joins the board of Denver A/SMay 15, 2006

As of May 15, 2006, Dion Daa Petersen has joined the board of directors of Denver A/S.

Lars Bentsen leaves the board of Denver A/SMay 15, 2006

As of May 15, 2006, Lars Bentsen has left the board of directors of Denver A/S.

2005
Henrik Christian Strand joins the board of Denver A/SMay 27, 2005

As of May 27, 2005, Henrik Christian Strand has joined the board of directors of Denver A/S.

Erik Jensen leaves the board of Denver A/SMay 27, 2005

As of May 27, 2005, Erik Jensen has left the board of directors of Denver A/S.

2003
Denver A/S appoints new auditorSep 9, 2003

As of September 9, 2003, DRJ ÅBYHØJ ApS has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SSep 9, 2003

As of September 9, 2003, A/S PSE NR. 4820 has stepped down as auditor of Denver A/S.

2001
Lars Bentsen joins the board of Denver A/SMar 31, 2001

As of March 31, 2001, Lars Bentsen has joined the board of directors of Denver A/S.

Jette Dahl Trans Kristensen leaves the board of Denver A/SMar 31, 2001

As of March 31, 2001, Jette Dahl Trans Kristensen has left the board of directors of Denver A/S.

1999
Erik Jensen joins the board of Denver A/SMar 24, 1999

As of March 24, 1999, Erik Jensen has joined the board of directors of Denver A/S.

1998
Denver A/S appoints new auditorMay 13, 1998

As of May 13, 1998, A/S PSE NR. 4820 has been appointed auditor of Denver A/S.

Auditor steps down at Denver A/SMay 13, 1998

As of May 13, 1998, A/S PSE NR. 4820 has stepped down as auditor of Denver A/S.

1996
Henrik Steen Jensen joins the board of Denver A/SJun 4, 1996

As of June 4, 1996, Henrik Steen Jensen has joined the board of directors of Denver A/S.

Torben Ulrich joins the board of Denver A/SJun 4, 1996

As of June 4, 1996, Torben Ulrich has joined the board of directors of Denver A/S.

Carl Erik Skovgaard leaves the board of Denver A/SJun 4, 1996

As of June 4, 1996, Carl Erik Skovgaard has left the board of directors of Denver A/S.

1995
Denver A/S appoints new auditorSep 13, 1995

As of September 13, 1995, A/S PSE NR. 4820 has been appointed auditor of Denver A/S.

Carl Erik Skovgaard joins the board of Denver A/SSep 13, 1995

As of September 13, 1995, Carl Erik Skovgaard has joined the board of directors of Denver A/S.

Henrik Kristensen joins the board of Denver A/SSep 13, 1995

As of September 13, 1995, Henrik Kristensen has joined the board of directors of Denver A/S.

Jette Dahl Trans Kristensen joins the board of Denver A/SSep 13, 1995

As of September 13, 1995, Jette Dahl Trans Kristensen has joined the board of directors of Denver A/S.

Henrik Kristensen joins Denver A/S as directorSep 13, 1995

As of September 13, 1995, Henrik Kristensen is registered as director of Denver A/S.

Torben Ulrich joins Denver A/S as directorSep 13, 1995

As of September 13, 1995, Torben Ulrich is registered as director of Denver A/S.

Denver A/S is foundedSep 13, 1995

Denver A/S was founded on September 13, 1995.

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