POWER A/S: Financial statements 2023
CVR: 25380088
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
POWER A/S (CVR 25380088) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 3,338,377,000 and a net result of DKK 15,962,000 compared with DKK -13,528,000 the year before. That is a decrease of 1.4% compared with the year before. The profit margin was 0.5%. Equity in the 2023 report amounted to DKK 315,354,000. The solvency ratio was 38.8%. The company had 729 employees in the financial year.
- Revenue
- DKK 3,338,377,000
- Gross Profit
- DKK 337,719,000
- Profit/Loss
- DKK 15,962,000
- Equity
- DKK 315,354,000
- Total Assets
- DKK 813,722,000
- Employees
- 729
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 3.3B | 337.7M | 16M | 315.4M | 729 |
| 2022 | 3.4B | 317.7M | -13.5M | 299.4M | 678 |
| 2021 | 3.4B | 298.6M | 131.5M | 312.9M | 651 |
| 2020 | 3.1B | 279.7M | 22.7M | 181.4M | 589 |
| 2019 | 2.2B | 215.1M | -3.1M | 158.7M | 489 |
Official annual report
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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.
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 1,194 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.