CVR: 25350170
Secondary names: A/S TITECH, Wex-El A/S
Previous names: TITECH ELECTRIC ApS
TITECH ELECTRIC A/S is a Danish company of the type Aktieselskab based in Odense SØ, founded in 2000. The company is registered under the industry Fremstilling af elektriske fordelings- og kontrolapparater. The company was previously named TITECH ELECTRIC ApS. The management consists of Tom Henriksen, Peter Løfgren Ring and Jesper Steenstrup. The company is owned by Elcor Group ApS. The company has 100 employees. In 2025, the company reported a gross profit of DKK 111,183,216 and a net result of DKK 8,778,811 compared with DKK 21,326,869 the year before. Equity amounted to DKK 59,650,012.
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| Year | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2025 | 111.2 mio. | 8.8 mio. | 145.9 mio. | 59.7 mio. | 163 | |
| 2024 | 106.1 mio. | 21.3 mio. | 113.2 mio. | 50.9 mio. | 118 | |
| 2023 | 93.5 mio. | 16.2 mio. | 80.4 mio. | 39.5 mio. | 95 | |
| 2022 | 68.8 mio. | 7.6 mio. | 64.9 mio. | 25.3 mio. | 99 | |
| 2021 | 54.4 mio. | 4.2 mio. | 51.8 mio. | 21.8 mio. | 96 | |
| 2020 | 50.1 mio. | 114 t. | 46 mio. | 17.6 mio. | 101 | |
| 2019 | 50 mio. | 1 mio. | 45.7 mio. | 17.4 mio. | 99 | |
| 2018 | 51 mio. | 2 mio. | 43.1 mio. | 16.4 mio. | 93 | |
| 2017 | 48.3 mio. | 758 t. | 42.6 mio. | 14.4 mio. | 88 | |
| 2016 | 42.6 mio. | -1.5 mio. | 40.1 mio. | 10.4 mio. | 93 | |
| 2015 | 42.7 mio. | 2 mio. | 41.9 mio. | 11.9 mio. | 88 | |
| 2014 | 36.6 mio. | 2 mio. | 31.5 mio. | 11.9 mio. | 78 | |
| 2013 | 39.3 mio. | 2.9 mio. | 28.4 mio. | 11.9 mio. | 74 | |
| 2012 | 37.7 mio. | 418 t. | 29.5 mio. | 9.1 mio. | 78 |
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Read about the CDS scoreCompared to 88 companies in Fremstilling af elektriske fordelings- og kontrolapparater
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Contact info changed: new phone: 63966565, new email: [email protected] (July 2, 2026).
As of July 1, 2026, Allan Jan Formann Kristensen has joined the board of directors of TITECH ELECTRIC A/S.
As of July 1, 2026, Katrine Kjems Hyldgaard Christensen has joined the board of directors of TITECH ELECTRIC A/S.
As of July 1, 2026, Peter Løfgren Ring has joined the board of directors of TITECH ELECTRIC A/S.
As of July 1, 2026, Jon Friedrich Wentzel has left the board of directors of TITECH ELECTRIC A/S.
As of July 1, 2026, Peter Løfgren Ring is registered as adm. dir. of TITECH ELECTRIC A/S.
As of July 1, 2026, Allan Jan Formann Kristensen has stepped down as adm. dir. of TITECH ELECTRIC A/S.
As of June 30, 2026, Allan Jan Formann Kristensen has left the board of directors of TITECH ELECTRIC A/S.
As of June 30, 2026, Katrine Kjems Hyldgaard Christensen has left the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2025. Gross profit came to DKK 111,183,216, and the net result was DKK 8,778,811.
Contact info changed: new phone: 63966565, new email: [email protected] (March 6, 2026).
As of March 4, 2026, Allan Jan Formann Kristensen has joined the board of directors of TITECH ELECTRIC A/S.
As of March 4, 2026, Peter Flemming Sørensen has left the board of directors of TITECH ELECTRIC A/S.
As of March 4, 2026, Allan Jan Formann Kristensen is registered as adm. dir. of TITECH ELECTRIC A/S.
As of March 4, 2026, Peter Flemming Sørensen has stepped down as adm. dir. of TITECH ELECTRIC A/S.
Contact info changed: new phone: 63966565, new email: [email protected] (February 2, 2026).
Contact info changed: new phone: 63966565, new email: [email protected] (January 22, 2026).
Contact info changed: new phone: 63966565, new email: [email protected] (January 21, 2026).
As of January 21, 2026, Jon Friedrich Wentzel has joined the board of directors of TITECH ELECTRIC A/S.
As of January 21, 2026, Peter Flemming Sørensen has joined the board of directors of TITECH ELECTRIC A/S.
As of January 21, 2026, Katrine Kjems Hyldgaard Christensen has joined the board of directors of TITECH ELECTRIC A/S.
As of January 21, 2026, Ulrik Juul has left the board of directors of TITECH ELECTRIC A/S.
As of January 21, 2026, Peter Flemming Sørensen is registered as adm. dir. of TITECH ELECTRIC A/S.
As of January 21, 2026, Ulrik Juul has stepped down as adm. dir. of TITECH ELECTRIC A/S.
As of January 20, 2026, Peter Flemming Sørensen has left the board of directors of TITECH ELECTRIC A/S.
As of January 20, 2026, Katrine Kjems Hyldgaard Christensen has left the board of directors of TITECH ELECTRIC A/S.
As of August 28, 2025, EY Godkendt Revisionspartnerselskab has been appointed auditor of TITECH ELECTRIC A/S.
As of August 28, 2025, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2024. Gross profit came to DKK 106,095,384, and the net result was DKK 21,326,869.
As of March 31, 2025, Ulrik Juul has joined the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Peter Flemming Sørensen has joined the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Katrine Kjems Hyldgaard Christensen has joined the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Ole Bang Nielsen has left the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Henrik Steen-Jørgensen has left the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Henrik Dueholm Madsen has left the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Christopher Nysted Sørensen has left the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Tine Juul has left the board of directors of TITECH ELECTRIC A/S.
As of March 31, 2025, Elcor Group ApS is registered as an owner of TITECH ELECTRIC A/S with an ownership share of 100%.
As of March 30, 2025, Ulrik Juul has left the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2023. Gross profit came to DKK 93,492,526, and the net result was DKK 16,195,209.
TITECH ELECTRIC A/S has published its annual report for 2022. Gross profit came to DKK 68,793,382, and the net result was DKK 7,571,337.
As of March 24, 2023, Tom Henriksen is registered as director of TITECH ELECTRIC A/S.
As of October 28, 2022, Jesper Steenstrup is registered as director of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2021. Gross profit came to DKK 54,442,995, and the net result was DKK 4,224,494.
As of May 10, 2022, Henrik Dueholm Madsen has joined the board of directors of TITECH ELECTRIC A/S.
As of May 10, 2022, Christopher Nysted Sørensen has joined the board of directors of TITECH ELECTRIC A/S.
As of December 13, 2021, Brian Bebe Andersen has left the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2020. Gross profit came to DKK 50,077,405, and the net result was DKK 113,796.
As of May 12, 2021, Henrik Steen-Jørgensen has joined the board of directors of TITECH ELECTRIC A/S.
As of May 12, 2021, Brian Bebe Andersen has joined the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2019. Gross profit came to DKK 50,015,264, and the net result was DKK 1,047,303.
TITECH ELECTRIC A/S has published its annual report for 2018. Gross profit came to DKK 50,973,020, and the net result was DKK 2,019,775.
As of May 22, 2019, Tine Juul has joined the board of directors of TITECH ELECTRIC A/S.
As of May 22, 2019, Otto Frederik Spliid has left the board of directors of TITECH ELECTRIC A/S.
As of May 22, 2019, Per Rasmus Rasmussen has left the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2017. Gross profit came to DKK 48,333,736, and the net result was DKK 758,209.
As of January 19, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of TITECH ELECTRIC A/S.
As of January 19, 2018, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2016. Gross profit came to DKK 42,604,367, and the net result was DKK -1,530,568.
As of January 10, 2017, Per Rasmus Rasmussen has joined the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2015. Gross profit came to DKK 42,654,110, and the net result was DKK 2,025,986.
As of January 27, 2016, Ulrik Juul has joined the board of directors of TITECH ELECTRIC A/S.
As of May 18, 2015, Torben Nørgaard Hansen has left the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S has published its annual report for 2014. Gross profit came to DKK 36,595,664, and the net result was DKK 1,975,897.
TITECH ELECTRIC A/S has published its annual report for 2013. Gross profit came to DKK 39,287,869, and the net result was DKK 2,850,014.
TITECH ELECTRIC A/S has published its annual report for 2012. Gross profit came to DKK 37,689,803, and the net result was DKK 417,737.
As of May 27, 2011, Otto Frederik Spliid has joined the board of directors of TITECH ELECTRIC A/S.
As of May 27, 2011, Svend Holger Mygind has left the board of directors of TITECH ELECTRIC A/S.
As of May 27, 2011, Jesper Bilde has left the board of directors of TITECH ELECTRIC A/S.
As of February 27, 2009, Ulrik Juul has left the board of directors of TITECH ELECTRIC A/S.
As of March 18, 2008, Svend Holger Mygind has joined the board of directors of TITECH ELECTRIC A/S.
As of March 18, 2008, Hans Juul Larsen has left the board of directors of TITECH ELECTRIC A/S.
As of March 18, 2008, Michael Hein Knudsen has left the board of directors of TITECH ELECTRIC A/S.
As of September 25, 2007, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of TITECH ELECTRIC A/S.
As of September 25, 2007, ND REVISION ODENSE. REG. REVISIONSAKTIESELSKAB has stepped down as auditor of TITECH ELECTRIC A/S.
As of September 25, 2007, Torben Nørgaard Hansen has joined the board of directors of TITECH ELECTRIC A/S.
As of September 25, 2007, Michael Hein Knudsen has stepped down as director of TITECH ELECTRIC A/S.
On March 9, 2004, the company changed its name from TITECH ELECTRIC ApS to TITECH ELECTRIC A/S.
As of February 26, 2004, Ole Bang Nielsen has joined the board of directors of TITECH ELECTRIC A/S.
As of February 26, 2004, Ulrik Juul is registered as adm. dir. of TITECH ELECTRIC A/S.
As of February 26, 2004, Michael Hein Knudsen is registered as director of TITECH ELECTRIC A/S.
As of September 2, 2003, Jesper Bilde has joined the board of directors of TITECH ELECTRIC A/S.
As of June 19, 2000, Hans Juul Larsen has joined the board of directors of TITECH ELECTRIC A/S.
As of April 27, 2000, ND REVISION ODENSE. REG. REVISIONSAKTIESELSKAB has been appointed auditor of TITECH ELECTRIC A/S.
As of April 27, 2000, Ulrik Juul has joined the board of directors of TITECH ELECTRIC A/S.
As of April 27, 2000, Michael Hein Knudsen has joined the board of directors of TITECH ELECTRIC A/S.
TITECH ELECTRIC A/S was founded on April 27, 2000.
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