TITECH ELECTRIC A/S: Financial statements 2014
CVR: 25350170
Source: annual report 2014, Danish Business Authority
01/01/2014 – 31/12/2014
TITECH ELECTRIC A/S (CVR 25350170) has filed annual accounts for 2014. In 2014, the company reported a gross profit of DKK 36,595,664 and a net result of DKK 1,975,897 compared with DKK 2,850,014 the year before. That is a decrease of 6.9% compared with the year before. Equity in the 2014 report amounted to DKK 11,918,790. The solvency ratio was 37.9%. The company had 78 employees in the financial year.
- Gross Profit
- DKK 36,595,664
- Profit/Loss
- DKK 1,975,897
- Equity
- DKK 11,918,790
- Total Assets
- DKK 31,475,824
- Employees
- 78
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2014 | - | 36.6 mio. | 2 mio. | 11.9 mio. | 78 |
| 2013 | - | 39.3 mio. | 2.9 mio. | 11.9 mio. | 74 |
| 2012 | - | 37.7 mio. | 418 t. | 9.1 mio. | 78 |
Official annual report
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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.
About TITECH ELECTRIC A/S
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 Peter Løfgren Ring, Jesper Steenstrup and Tom Henriksen. The board consists of Allan Jan Formann Kristensen (chair), Jeppe Allert Madsen and Peter Løfgren Ring. The company is owned by Elcor Group ApS. The company has 209 employees (2026). 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 in the 2025 report amounted to DKK 59,650,012.