WITT DENMARK A/S: Financial statements 2020
CVR: 20981075
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
WITT DENMARK A/S (CVR 20981075) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 791,677,000 and a net result of DKK 90,090,000 compared with DKK 62,650,000 the year before. That is an increase of 25.7% compared with the year before. The profit margin was 11.4%. Equity in the 2020 report amounted to DKK 284,527,000. The solvency ratio was 65.4%. The company had 95 employees in the financial year.
- Revenue
- DKK 791,677,000
- Gross Profit
- DKK 174,722,000
- Profit/Loss
- DKK 90,090,000
- Equity
- DKK 284,527,000
- Total Assets
- DKK 435,337,000
- Employees
- 95
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 791.7 mio. | 174.7 mio. | 90.1 mio. | 284.5 mio. | 95 |
| 2019 | 629.9 mio. | 133.3 mio. | 62.6 mio. | 238.2 mio. | 92 |
| 2018 | 557.7 mio. | 118.2 mio. | 52.7 mio. | 210.4 mio. | 88 |
| 2017 | 519.4 mio. | 106.6 mio. | 46.9 mio. | 172.5 mio. | 70 |
| 2016 | 476.8 mio. | 88.5 mio. | 37.3 mio. | 184.4 mio. | 56 |
Official annual report
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WITT DENMARK A/S has published its annual report for 2019. Revenue came to DKK 629,914,000, and the net result was DKK 62,650,000.
About WITT DENMARK A/S
WITT DENMARK A/S is a Danish company of the type Aktieselskab based in Herning, founded in 1998. The company is registered under the industry Engroshandel med hvidevarer og elektriske husholdningsartikler. The company was previously named WITT HVIDEVARER A/S. The management consists of Allan Witt Kempel. The board consists of Allan Witt Kempel, Kasper Witt Kempel and Søren Nørgaard. The company is owned by WITT INVEST ApS. The company has 160 employees (2026). In 2025, the company reported revenue of DKK 765,907,000 and a net result of DKK 5,751,000 compared with DKK 18,715,000 the year before. Equity in the 2025 report amounted to DKK 381,112,000.