POWER A/S: Financial statements 2018
CVR: 25380088
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
POWER A/S (CVR 25380088) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 2,071,219,000 and a net result of DKK -7,606,000 compared with DKK -138,334,000 the year before. That is an increase of 3.6% compared with the year before. The profit margin was -0.4%. Equity in the 2018 report amounted to DKK 161,798,000. The solvency ratio was 40.1%. The company had 400 employees in the financial year.
- Revenue
- DKK 2,071,219,000
- Gross Profit
- DKK 185,968,000
- Profit/Loss
- DKK -7,606,000
- Equity
- DKK 161,798,000
- Total Assets
- DKK 403,621,000
- Employees
- 400
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | 2.1 mia. | 186 mio. | -7.6 mio. | 161.8 mio. | 400 |
| 2017 | 2 mia. | 57.3 mio. | -138.3 mio. | -448.8 mio. | 428 |
| 2016 | 1.4 mia. | 34.1 mio. | -89.4 mio. | -310.4 mio. | 333 |
| 2015 | 1.1 mia. | -43.8 mio. | -131.6 mio. | -221 mio. | 209 |
| 2014 | 1.7 mia. | -17.5 mio. | -161.1 mio. | -89.4 mio. | 255 |
Official annual report
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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.
As of May 14, 2018, Trond Kåre Gulbrandsen has joined the board of directors of POWER A/S.
As of May 14, 2018, Per Øyvind Sørsveen has left the board of directors of POWER A/S.
As of April 24, 2018, is registered as an owner of POWER A/S with an ownership share of 100%.
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 board consists of Ronny Blomseth (chair), Trond Kåre Gulbrandsen and Øyvind Flygind. The company is owned by Power International AS. The company has 1,117 employees (2026). 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 in the 2025 report amounted to DKK 384,299,000.