POWER A/S: Financial statements 2020
CVR: 25380088
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
POWER A/S (CVR 25380088) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 3,088,921,000 and a net result of DKK 22,741,000 compared with DKK -3,134,000 the year before. That is an increase of 38.2% compared with the year before. The profit margin was 0.7%. Equity in the 2020 report amounted to DKK 181,405,000. The solvency ratio was 39.4%. The company had 589 employees in the financial year.
- Revenue
- DKK 3,088,921,000
- Gross Profit
- DKK 279,653,000
- Profit/Loss
- DKK 22,741,000
- Equity
- DKK 181,405,000
- Total Assets
- DKK 460,670,000
- Employees
- 589
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 3.1 mia. | 279.7 mio. | 22.7 mio. | 181.4 mio. | 589 |
| 2019 | 2.2 mia. | 215.1 mio. | -3.1 mio. | 158.7 mio. | 489 |
| 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 |
Official annual report
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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.
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.