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POWER A/S

CVR: 25380088

Growing 16% p.a.Large companyWell-established (26 yrs)Breakeven

Secondary names: SØTORVSMAGASINET A/S, SUPER SNEHVIDE A/S, EXPERT 2TAL BUTIKSSELSKAB A/S

Previous names: DNL 2120 ApS, SNEHVIDE A/S, EXPERT RETAIL DANMARK A/S

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About POWER A/S

POWER A/S is a Danish company of the type Aktieselskab based in Glostrup, founded in 2000. The company is registered under the industry Detailhandel med elektriske husholdningsapparater. The company was previously named EXPERT RETAIL DANMARK A/S and SNEHVIDE A/S. The management consists of Jesper Boysen. The company is owned by Power International AS. The company has 658 employees. In 2025, the company reported revenue of DKK 3,792,374,000 and a net result of DKK 47,713,000 compared with DKK 21,232,000 the year before. Equity amounted to DKK 384,299,000.

POWER A/S demonstrates a positive financial trajectory, with revenue increasing from 3.34 billion DKK in 2023 to 3.79 billion DKK in 2025, alongside a significant profit rise from 15.96 million DKK to 47.71 million DKK during the same period. The company has successfully recovered from a loss in 2022, showcasing improved profitability and a solid equity position that grew to 384.3 million DKK in 2025. Despite fluctuations in profit margins, the overall trend indicates a strengthening financial health, positioning POWER A/S favorably within the electrical household appliance retail sector. However, ongoing monitoring of operational efficiency and market conditions will be essential to sustain this growth.

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Overview

Company type
A/S
Aktieselskab
Address
Hovedvejen 197, 2600 Glostrup
GLOSTRUP
2600 Glostrup
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Founded
4.5.2000

Details

Industry
Detailhandel med elektriske husholdningsapparater
Code: 475400
Secondary industries
Detailhandel med informations- og kommunikationsudstyr (474000)
Engroshandel med hvidevarer og elektriske husholdningsartikler (464310)
Engroshandel med radio og tv, fotografiske og optiske artikler (464320)
Employees
658 employees
425 FTE
(2018)
Capital
19.532.700 kr.

Purpose

Selskabets formål er at drive detailhandel med salg og udlejning af udvalgsvarer og hermed forbundne serviceydelser.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
20253.8 mia.47.7 mio.784.9 mio.384.3 mio.737
20243.5 mia.21.2 mio.654.5 mio.336.6 mio.728
20233.3 mia.16 mio.813.7 mio.315.4 mio.729
20223.4 mia.-13.5 mio.761.5 mio.299.4 mio.678
20213.4 mia.131.5 mio.711.8 mio.312.9 mio.651
20203.1 mia.22.7 mio.460.7 mio.181.4 mio.589
20192.2 mia.-3.1 mio.487.5 mio.158.7 mio.489
20182.1 mia.-7.6 mio.403.6 mio.161.8 mio.400
20172 mia.-138.3 mio.436.2 mio.-448.8 mio.428
20161.4 mia.-89.4 mio.254.6 mio.-310.4 mio.333
20151.1 mia.-131.6 mio.227.6 mio.-221 mio.209
20141.7 mia.-161.1 mio.270.4 mio.-89.4 mio.255
2013612.6 mio.-65.6 mio.197 mio.-31.6 mio.204

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Industry Benchmarks

View industry report

Compared to 243 companies in Detailhandel med elektriske husholdningsapparater

Revenue
Company3.8 mia.
Industry median1.9 mio.
1963.7x
Profit margin
Company1.3%
Industry median20.0%
15.9x below
Employees
Company737
Industry median5
147.4x
Equity ratio
Company49.0%
Industry median48.0%
About average

Comparison is based on industry median values

Ownership

Owners
Power International AS
100%
POWER A/S
CVR: 25380088

Public contracts

4 public tenders won

Offentligt udbud af hårde hvidevarer til Boligkontoret Århus
Boligkontoret Århus14/04/202610.000.000 kr.
Indkøb af hårde hvidevarer til Kolding Kommune
Kolding kommune26/06/202512.000.000 kr.
Offentligt udbud af Rammeaftale for indkøb af Hårde Hvidevarer og andre husholdningsartikler
Forsvarsministeriets Ejendomsstyrelse21/01/202524.000.000 kr.
1. Malerentreprise
Ejendomsselskabet Brønderslev ApS16/08/20243.640.984 kr.

Sources: TED (the EU tender database) and udbud.dk

Management

Directors

Jesper Boysen(ADM. DIR.)

Board

Ronny Blomseth(FORMAND)
Jesper Dahl(BESTYRELSESMEDLEM)
Trond Kåre Gulbrandsen(BESTYRELSESMEDLEM)
Øyvind Flygind(BESTYRELSESMEDLEM)

PEP screening

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Founders

SERVICE-RINGEN'S FINANSIERINGSINSTITUT A/S

Production units (116)

Power A/S
P-no: 1001776703
Hovedvejen 197, 2600, Glostrup
Detailhandel med elektriske husholdningsapparater
112 employees
Power Herlev
P-no: 1020930388
Herlev Hovedgade 17, 2730, Herlev
Detailhandel med elektriske husholdningsapparater
76 employees
POWER Odense
P-no: 1014846901
Ørbækvej 75, 5220, Odense SØ
Detailhandel med elektriske husholdningsapparater
66 employees
POWER Holbæk
P-no: 1023739905
Stenhusvej 74, 4300, Holbæk
Detailhandel med elektriske husholdningsapparater
62 employees
Power Lyngby
P-no: 1022836265
Klampenborgvej 215A, 2800, Kongens Lyngby
Detailhandel med elektriske husholdningsapparater
44 employees

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History

61 events
2026
POWER A/S: The 2025 annual report is outJun 4, 2026

POWER A/S has published its annual report for 2025. Revenue came to DKK 3,792,374,000, and the net result was DKK 47,713,000.

POWER A/S wins public contractApr 14, 2026

POWER A/S has won the tender "Offentligt udbud af hårde hvidevarer til Boligkontoret Århus" issued by Boligkontoret Århus worth 10,000,000 DKK.

2025
POWER A/S: The 2024 annual report is outJul 4, 2025

POWER A/S has published its annual report for 2024. Revenue came to DKK 3,474,286,000, and the net result was DKK 21,232,000.

POWER A/S wins public contractJun 26, 2025

POWER A/S has won the tender "Indkøb af hårde hvidevarer til Kolding Kommune" issued by Kolding kommune worth 12,000,000 DKK.

POWER A/S wins public contractJan 21, 2025

POWER A/S has won the tender "Offentligt udbud af Rammeaftale for indkøb af Hårde Hvidevarer og andre husholdningsartikler" issued by Forsvarsministeriets Ejendomsstyrelse worth 24,000,000 DKK.

2024
POWER A/S wins public contractAug 16, 2024

POWER A/S has won the tender "1. Malerentreprise" issued by Ejendomsselskabet Brønderslev ApS worth 3,640,984 DKK.

POWER A/S: The 2023 annual report is outJul 5, 2024

POWER A/S has published its annual report for 2023. Revenue came to DKK 3,338,377,000, and the net result was DKK 15,962,000.

2023
POWER A/S: The 2022 annual report is outJun 1, 2023

POWER A/S has published its annual report for 2022. Revenue came to DKK 3,384,846,000, and the net result was DKK -13,528,000.

2022
POWER A/S: The 2021 annual report is outJun 29, 2022

POWER A/S has published its annual report for 2021. Revenue came to DKK 3,419,980,000, and the net result was DKK 131,515,000.

2021
POWER A/S: The 2020 annual report is outJun 21, 2021

POWER A/S has published its annual report for 2020. Revenue came to DKK 3,088,921,000, and the net result was DKK 22,741,000.

2020
POWER A/S: The 2019 annual report is outJun 3, 2020

POWER A/S has published its annual report for 2019. Revenue came to DKK 2,235,840,000, and the net result was DKK -3,134,000.

2019
POWER A/S: The 2018 annual report is outApr 24, 2019

POWER A/S has published its annual report for 2018. Revenue came to DKK 2,071,219,000, and the net result was DKK -7,606,000.

2018
POWER A/S: The 2017 annual report is outJun 15, 2018

POWER A/S has published its annual report for 2017. Revenue came to DKK 1,998,647,000, and the net result was DKK -138,334,000.

Trond Kåre Gulbrandsen joins the board of POWER A/SMay 14, 2018

As of May 14, 2018, Trond Kåre Gulbrandsen has joined the board of directors of POWER A/S.

Per Øyvind Sørsveen leaves the board of POWER A/SMay 14, 2018

As of May 14, 2018, Per Øyvind Sørsveen has left the board of directors of POWER A/S.

Registered as owner of POWER A/SApr 24, 2018

As of April 24, 2018, is registered as an owner of POWER A/S with an ownership share of 100%.

2017
POWER A/S: The 2016 annual report is outJun 8, 2017

POWER A/S has published its annual report for 2016. Revenue came to DKK 1,429,559,000, and the net result was DKK -89,412,000.

2016
POWER A/S: The 2015 annual report is outJun 1, 2016

POWER A/S has published its annual report for 2015. Revenue came to DKK 1,057,611,000, and the net result was DKK -131,592,000.

2015
EXPERT RETAIL DANMARK A/S changes name to POWER A/SMay 28, 2015

On May 28, 2015, the company changed its name from EXPERT RETAIL DANMARK A/S to POWER A/S.

POWER A/S: The 2014 annual report is outMay 26, 2015

POWER A/S has published its annual report for 2014. Revenue came to DKK 1,692,205,000, and the net result was DKK -161,097,000.

2014
Ronny Blomseth joins the board of POWER A/SOct 31, 2014

As of October 31, 2014, Ronny Blomseth has joined the board of directors of POWER A/S.

Lars Christensen leaves the board of POWER A/SOct 31, 2014

As of October 31, 2014, Lars Christensen has left the board of directors of POWER A/S.

POWER A/S appoints new auditorJul 1, 2014

As of July 1, 2014, KPMG P/S has been appointed auditor of POWER A/S.

Auditor steps down at POWER A/SJul 1, 2014

As of July 1, 2014, K P M G C JESPERSEN ÅRHUS I/S has stepped down as auditor of POWER A/S.

POWER A/S: The 2013 annual report is outJun 12, 2014

POWER A/S has published its annual report for 2013. Revenue came to DKK 612,619,000, and the net result was DKK -65,614,000.

Per Øyvind Sørsveen joins the board of POWER A/SMay 30, 2014

As of May 30, 2014, Per Øyvind Sørsveen has joined the board of directors of POWER A/S.

Øyvind Flygind joins the board of POWER A/SMay 30, 2014

As of May 30, 2014, Øyvind Flygind has joined the board of directors of POWER A/S.

Kjeld Lumbye Jensen leaves the board of POWER A/SMay 30, 2014

As of May 30, 2014, Kjeld Lumbye Jensen has left the board of directors of POWER A/S.

Jesper Boysen joins POWER A/S as adm. dir.May 30, 2014

As of May 30, 2014, Jesper Boysen is registered as adm. dir. of POWER A/S.

Morten Boysen steps down as director of POWER A/SMay 30, 2014

As of May 30, 2014, Morten Boysen has stepped down as director of POWER A/S.

2013
POWER A/S: The 2012 annual report is outApr 23, 2013

POWER A/S has published its annual report for 2012.

2011
Jesper Dahl joins the board of POWER A/SJul 26, 2011

As of July 26, 2011, Jesper Dahl has joined the board of directors of POWER A/S.

John Bo Birkmose-Andersen leaves the board of POWER A/SJul 26, 2011

As of July 26, 2011, John Bo Birkmose-Andersen has left the board of directors of POWER A/S.

2010
Peter Andersen Røddik steps down as director of POWER A/SMar 31, 2010

As of March 31, 2010, Peter Andersen Røddik has stepped down as director of POWER A/S.

2009
SNEHVIDE A/S changes name to EXPERT RETAIL DANMARK A/SNov 23, 2009

On November 23, 2009, the company changed its name from SNEHVIDE A/S to EXPERT RETAIL DANMARK A/S.

John Bo Birkmose-Andersen joins the board of POWER A/SNov 10, 2009

As of November 10, 2009, John Bo Birkmose-Andersen has joined the board of directors of POWER A/S.

Lars Christensen joins the board of POWER A/SNov 10, 2009

As of November 10, 2009, Lars Christensen has joined the board of directors of POWER A/S.

Søren Bach leaves the board of POWER A/SNov 10, 2009

As of November 10, 2009, Søren Bach has left the board of directors of POWER A/S.

Morten Boysen leaves the board of POWER A/SNov 10, 2009

As of November 10, 2009, Morten Boysen has left the board of directors of POWER A/S.

2007
Kjeld Lumbye Jensen joins the board of POWER A/SMay 22, 2007

As of May 22, 2007, Kjeld Lumbye Jensen has joined the board of directors of POWER A/S.

Frank Hvolby Hoppe leaves the board of POWER A/SMay 22, 2007

As of May 22, 2007, Frank Hvolby Hoppe has left the board of directors of POWER A/S.

2003
Søren Bach joins the board of POWER A/SMay 14, 2003

As of May 14, 2003, Søren Bach has joined the board of directors of POWER A/S.

Frank Hvolby Hoppe joins the board of POWER A/SMay 14, 2003

As of May 14, 2003, Frank Hvolby Hoppe has joined the board of directors of POWER A/S.

Morten Boysen joins the board of POWER A/SMay 14, 2003

As of May 14, 2003, Morten Boysen has joined the board of directors of POWER A/S.

Peiter Gerner Olsen leaves the board of POWER A/SMay 14, 2003

As of May 14, 2003, Peiter Gerner Olsen has left the board of directors of POWER A/S.

Steen Refnov leaves the board of POWER A/SMay 14, 2003

As of May 14, 2003, Steen Refnov has left the board of directors of POWER A/S.

Thomas Bak leaves the board of POWER A/SMay 14, 2003

As of May 14, 2003, Thomas Bak has left the board of directors of POWER A/S.

2002
Peter Andersen Røddik joins POWER A/S as directorJul 1, 2002

As of July 1, 2002, Peter Andersen Røddik is registered as director of POWER A/S.

Jens Christian Lorenzen leaves the board of POWER A/SMay 6, 2002

As of May 6, 2002, Jens Christian Lorenzen has left the board of directors of POWER A/S.

2000
Peiter Gerner Olsen joins the board of POWER A/SNov 29, 2000

As of November 29, 2000, Peiter Gerner Olsen has joined the board of directors of POWER A/S.

Steen Refnov joins the board of POWER A/SNov 29, 2000

As of November 29, 2000, Steen Refnov has joined the board of directors of POWER A/S.

Jens Christian Lorenzen joins the board of POWER A/SJul 28, 2000

As of July 28, 2000, Jens Christian Lorenzen has joined the board of directors of POWER A/S.

Thomas Bak joins the board of POWER A/SJul 28, 2000

As of July 28, 2000, Thomas Bak has joined the board of directors of POWER A/S.

Morten Boysen joins POWER A/S as directorJul 28, 2000

As of July 28, 2000, Morten Boysen is registered as director of POWER A/S.

Søren Bach steps down as director of POWER A/SJul 28, 2000

As of July 28, 2000, Søren Bach has stepped down as director of POWER A/S.

DNL 2120 ApS changes name to SNEHVIDE A/SJul 28, 2000

On July 28, 2000, the company changed its name from DNL 2120 ApS to SNEHVIDE A/S.

Søren Bach joins POWER A/S as directorMay 31, 2000

As of May 31, 2000, Søren Bach is registered as director of POWER A/S.

Jacob Peter Jensen steps down as director of POWER A/SMay 31, 2000

As of May 31, 2000, Jacob Peter Jensen has stepped down as director of POWER A/S.

POWER A/S appoints new auditorMay 4, 2000

As of May 4, 2000, K P M G C JESPERSEN ÅRHUS I/S has been appointed auditor of POWER A/S.

Jacob Peter Jensen joins POWER A/S as directorMay 4, 2000

As of May 4, 2000, Jacob Peter Jensen is registered as director of POWER A/S.

POWER A/S is foundedMay 4, 2000

POWER A/S was founded on May 4, 2000.

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