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BITZER Electronics A/S: Financial statements 2020

CVR: 21340006

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

BITZER Electronics A/S (CVR 21340006) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 119,772,357 and a net result of DKK 24,829,750 compared with DKK 26,936,509 the year before. That is an increase of 7.3% compared with the year before. Equity in the 2020 report amounted to DKK 35,343,323. The solvency ratio was 29.6%. The company had 113 employees in the financial year.

Gross Profit
DKK 119,772,357
Profit/Loss
DKK 24,829,750
Equity
DKK 35,343,323
Total Assets
DKK 119,417,339
Employees
113

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-119.8M24.8M35.3M113
2019-111.6M26.9M76.7M102
2018-96.6M21.7M70.7M98
2017-116.7M30.3M83.2M100
2016-84.9M22.1M84.8M96

Official annual report

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Events in 2020

Anna Marie Damgaard Kristensen steps down as director of BITZER Electronics A/SDec 31, 2020

As of December 31, 2020, Anna Marie Damgaard Kristensen has stepped down as director of BITZER Electronics A/S.

BITZER Electronics A/S: The 2019 annual report is outJun 23, 2020

BITZER Electronics A/S has published its annual report for 2019. Gross profit came to DKK 111,572,741, and the net result was DKK 26,936,509.

About BITZER Electronics A/S

BITZER Electronics A/S is a Danish company of the type Aktieselskab based in Sønderborg, founded in 1998. The company is registered under the industry Fremstilling af elektriske fordelings- og kontrolapparater. The company was previously named LODAM ELECTRONICS A/S and LODAM ELEKTRONIK A/S. The management consists of Michael Kousgård Snerling. The board consists of Christian Jürgen Wehrle (chair), Frank Hartmann, Hans Martin Büchsel and Rainer Meinhard Grosse-Kracht. The company is owned by BITZER Holding Denmark ApS. The company has 147 employees (2026). In 2025, the company reported revenue of DKK 644,222,000 and a net result of DKK 95,402,000 compared with DKK -266,478,000 the year before. Equity in the 2025 report amounted to DKK 59,140,000.

Source: annual report 2025, Danish Business Authority