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Kitron A/S: Financial statements 2023

CVR: 21662534

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Kitron A/S (CVR 21662534) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 695,462,000 and a net result of DKK 31,892,000 compared with DKK 55,857,000 the year before. That is a decrease of 40.8% compared with the year before. The profit margin was 4.6%. Equity in the 2023 report amounted to DKK 197,663,000. The solvency ratio was 53.2%. The company had 172 employees in the financial year.

Revenue
DKK 695,462,000
Gross Profit
DKK 71,789,000
Profit/Loss
DKK 31,892,000
Equity
DKK 197,663,000
Total Assets
DKK 371,472,000
Employees
172

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023695.5 mio.71.8 mio.31.9 mio.197.7 mio.172
20221.2 mia.114.5 mio.55.9 mio.184.4 mio.117
2021734.6 mio.61.3 mio.46.9 mio.231 mio.840
2020477.1 mio.45.2 mio.15.9 mio.169.9 mio.637
2019522.4 mio.60 mio.30.2 mio.158 mio.676

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Events in 2023

BB ELECTRONICS A/S changes name to Kitron A/SNov 20, 2023

On November 20, 2023, the company changed its name from BB ELECTRONICS A/S to Kitron A/S.

Kitron A/S: The 2022 annual report is outJul 6, 2023

Kitron A/S has published its annual report for 2022. Revenue came to DKK 1,175,712,000, and the net result was DKK 55,857,000.

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 149 employees (2026). 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.

Source: annual report 2025, Danish Business Authority