DANFOSS POWER ELECTRONICS A/S: Financial statements 2020
CVR: 19883876
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
DANFOSS POWER ELECTRONICS A/S (CVR 19883876) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 2,944,137,000 and a net result of DKK 57,926,000 compared with DKK 95,992,000 the year before. That is a decrease of 4.5% compared with the year before. The profit margin was 2%. Equity in the 2020 report amounted to DKK 364,039,000. The solvency ratio was 21%. The company had 1,020 employees in the financial year.
- Revenue
- DKK 2,944,137,000
- Gross Profit
- DKK 356,395,000
- Profit/Loss
- DKK 57,926,000
- Equity
- DKK 364,039,000
- Total Assets
- DKK 1,735,978,000
- Employees
- 1,020
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 2.9 mia. | 356.4 mio. | 57.9 mio. | 364 mio. | 1020 |
| 2019 | 3.1 mia. | 497.8 mio. | 96 mio. | 306.1 mio. | 1059 |
| 2018 | 3.2 mia. | 421.2 mio. | 180.2 mio. | 360.1 mio. | 1044 |
| 2017 | 3.1 mia. | 408.7 mio. | 109.1 mio. | 480 mio. | 1009 |
| 2016 | 3.1 mia. | 596.3 mio. | 370.4 mio. | 720.8 mio. | 1052 |
Official annual report
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DANFOSS POWER ELECTRONICS A/S has published its annual report for 2019. Revenue came to DKK 3,083,877,000, and the net result was DKK 95,992,000.
About DANFOSS POWER ELECTRONICS A/S
DANFOSS POWER ELECTRONICS A/S is a Danish company of the type Aktieselskab based in Gråsten, founded in 1997. The company is registered under the industry Fremstilling af andet elektrisk udstyr. The company was previously named DANFOSS DRIVES A/S. The management consists of Morten Buhl Sørensen and Ina Gjerløv Hyldgaard Christensen. The board consists of Kim Fausing (chair), Anders Stahlschmidt, Jesper Vaagelund Christensen and Malene Rudebeck Olsen. The company is owned by DANFOSS A/S. The company has 977 employees (2026). In 2025, the company reported revenue of DKK 2,966,680,000 and a net result of DKK 179,155,000 compared with DKK 297,579,000 the year before. Equity in the 2025 report amounted to DKK 607,435,000.