DANFOSS POWER ELECTRONICS A/S: Financial statements 2023
CVR: 19883876
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
DANFOSS POWER ELECTRONICS A/S (CVR 19883876) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 3,462,445,000 and a net result of DKK 325,632,000 compared with DKK 3,328,511,000 the year before. That is a decrease of 7% compared with the year before. The profit margin was 9.4%. Equity in the 2023 report amounted to DKK 753,912,000. The solvency ratio was 47.9%. The company had 1,037 employees in the financial year.
- Revenue
- DKK 3,462,445,000
- Gross Profit
- DKK 703,444,000
- Profit/Loss
- DKK 325,632,000
- Equity
- DKK 753,912,000
- Total Assets
- DKK 1,573,725,000
- Employees
- 1,037
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 3.5 mia. | 703.4 mio. | 325.6 mio. | 753.9 mio. | 1037 |
| 2022 | 3.7 mia. | 582.9 mio. | 3.3 mia. | 3.5 mia. | 1012 |
| 2021 | 3.2 mia. | 416.4 mio. | 345.7 mio. | 589.7 mio. | 978 |
| 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 |
Official annual report
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DANFOSS POWER ELECTRONICS A/S has published its annual report for 2022. Revenue came to DKK 3,722,103,000, and the net result was DKK 3,328,511,000.
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.