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BITZER Electronics A/S: Financial statements 2023

CVR: 21340006

Source: annual report 2023, Danish Business Authority

01/01/202331/12/2023

BITZER Electronics A/S (CVR 21340006) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 81,137,000 and a net result of DKK -33,627,000 compared with DKK 22,319,254 the year before. That is a decrease of 27.9% compared with the year before. Equity in the 2023 report amounted to DKK 32,045,000. The solvency ratio was 2.3%. The company had 122 employees in the financial year.

Gross Profit
DKK 81,137,000
Profit/Loss
DKK -33,627,000
Equity
DKK 32,045,000
Total Assets
DKK 1,398,960,000
Employees
122

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-81.1 mio.-33.6 mio.32 mio.122
2022-112.5 mio.22.3 mio.65.7 mio.116
2021-109.8 mio.28 mio.43.4 mio.117
2020-119.8 mio.24.8 mio.35.3 mio.113
2019-111.6 mio.26.9 mio.76.7 mio.102

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Events in 2023

Erik Damsgaard joins BITZER Electronics A/S as adm. dir.Jul 1, 2023

As of July 1, 2023, Erik Damsgaard is registered as adm. dir. of BITZER Electronics A/S.

Ulf Kretschmer joins BITZER Electronics A/S as directorJul 1, 2023

As of July 1, 2023, Ulf Kretschmer is registered as director of BITZER Electronics A/S.

Ulf Kretschmer steps down as adm. dir. of BITZER Electronics A/SJun 30, 2023

As of June 30, 2023, Ulf Kretschmer has stepped down as adm. dir. of BITZER Electronics A/S.

BITZER Electronics A/S: The 2022 annual report is outJun 14, 2023

BITZER Electronics A/S has published its annual report for 2022. Gross profit came to DKK 112,488,952, and the net result was DKK 22,319,254.

Ulf Kretschmer joins BITZER Electronics A/S as adm. dir.May 15, 2023

As of May 15, 2023, Ulf Kretschmer is registered as adm. dir. of BITZER Electronics A/S.

Henning Højberg Kristensen steps down as director of BITZER Electronics A/SMay 15, 2023

As of May 15, 2023, Henning Højberg Kristensen has stepped down as director of BITZER Electronics A/S.

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 124 employees (2018). 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