Kitron A/S: Financial statements 2020
CVR: 21662534
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Kitron A/S (CVR 21662534) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 477,054,000 and a net result of DKK 15,897,000 compared with DKK 30,186,000 the year before. That is a decrease of 8.7% compared with the year before. The profit margin was 3.3%. Equity in the 2020 report amounted to DKK 169,852,000. The solvency ratio was 44.2%. The company had 637 employees in the financial year.
- Revenue
- DKK 477,054,000
- Gross Profit
- DKK 45,207,000
- Profit/Loss
- DKK 15,897,000
- Equity
- DKK 169,852,000
- Total Assets
- DKK 384,435,000
- Employees
- 637
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 477.1 mio. | 45.2 mio. | 15.9 mio. | 169.9 mio. | 637 |
| 2019 | 522.4 mio. | 60 mio. | 30.2 mio. | 158 mio. | 676 |
| 2018 | 448.6 mio. | - | 26.2 mio. | 126.8 mio. | - |
| 2017 | 356.4 mio. | 33.7 mio. | 20.3 mio. | 100.9 mio. | 484 |
| 2016 | 307.1 mio. | - | 15 mio. | 86.6 mio. | 452 |
Official annual report
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Kitron A/S has published its annual report for 2019. Revenue came to DKK 522,428,000, and the net result was DKK 30,186,000.
About Kitron A/S
Kitron A/S is a Danish company of the type Aktieselskab based in Horsens, founded in 1998. The company is registered under the industry Fremstilling af andet elektrisk udstyr. The company was previously named BB ELECTRONICS A/S. The management consists of Jimi Klitholm Sandgreen. The board consists of Hans Petter Thomassen (chair), Mona Cathrin Nylander, Hasse Faxe and Henning Dahlen. The company is owned by Kitron Holding A/S Denmark. The company has 105 employees (2018). In 2025, the company reported revenue of DKK 325,665,000 and a net result of DKK 132,722,000 compared with DKK 5,495,000 the year before. Equity in the 2025 report amounted to DKK 235,880,000.