TITECH ELECTRIC A/S: Financial statements 2017
CVR: 25350170
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
TITECH ELECTRIC A/S (CVR 25350170) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 48,333,736 and a net result of DKK 758,209 compared with DKK -1,530,568 the year before. That is an increase of 13.4% compared with the year before. Equity in the 2017 report amounted to DKK 14,372,417. The solvency ratio was 33.8%. The company had 88 employees in the financial year.
- Gross Profit
- DKK 48,333,736
- Profit/Loss
- DKK 758,209
- Equity
- DKK 14,372,417
- Total Assets
- DKK 42,582,530
- Employees
- 88
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | - | 48.3 mio. | 758 t. | 14.4 mio. | 88 |
| 2016 | - | 42.6 mio. | -1.5 mio. | 10.4 mio. | 93 |
| 2015 | - | 42.7 mio. | 2 mio. | 11.9 mio. | 88 |
| 2014 | - | 36.6 mio. | 2 mio. | 11.9 mio. | 78 |
| 2013 | - | 39.3 mio. | 2.9 mio. | 11.9 mio. | 74 |
Official annual report
Keep an eye on TITECH ELECTRIC A/S
Get notified instantly about new financial statements, ownership changes, management changes and status changes.
Set up monitoringEvents in 2017
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.
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.