Owners, management and financials
CVR: 35515046
Previous names: VML 2013 A/S, GLOBAL CASTINGS LEM A/S
DKK 26,035,601
Gross profit
Net result: DKK -39,218,127
Baettr Holding GmbH (100%)
CVR · view owners
Michael Westh Thorsen
Board: Peter Christian Pallishøj (chair) and 2 members
CVR · view management
Active
Founded 7 October 2013
CVR · view overview
115 employees
CVR · 2018
Director role ended: Peter Christian Pallishøj
CVR · 29/04/2022
View the full event history
Baettr Lem A/S is a Danish company of the type Aktieselskab based in Lem St, founded in 2013. The company is registered under the industry Fremstilling af elektriske motorer, generatorer og transformatorer. The company was previously named GLOBAL CASTINGS LEM A/S and VML 2013 A/S. The management consists of Michael Westh Thorsen. The board consists of Peter Christian Pallishøj (chair), Maria-Louise Schmidt Bjørkmann and Michael Westh Thorsen. The company is owned by Baettr Holding GmbH. The company has 115 employees (2018). In 2025, the company reported a gross profit of DKK 26,035,601 and a net result of DKK -39,218,127 compared with DKK 11,980,798 the year before. Equity in the 2025 report amounted to DKK 527,351.
Source: annual report 2025, Danish Business Authority
Baettr Lem A/S has experienced significant fluctuations in financial performance over recent years, with a notable decline in profitability in 2025, reporting a loss of 39,218,127 DKK despite a gross profit of 26,035,601 DKK. Revenue peaked in 2023 at 815,473,998 DKK, followed by a decrease in 2024, where gross profit remained strong at 96,852,178 DKK but the company still reported a profit of 11,980,798 DKK. The equity position has shown improvement, rising from 26,242,997 DKK in 2021 to 527,351 DKK in 2025, indicating a potential concern regarding sustainability given the recent losses. Operating in the electric motor, generator, and transformer manufacturing sector, Baettr Lem A/S holds a significant position, but its profitability and revenue trends suggest a need for strategic reassessment to stabilize its financial health.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at drive virksomhed inden for handel og industri og anden i forbindelse hermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | -39.2 mio. | 174.8 mio. | 527 t. | 118 | |
| 202401/01/2024 – 31/12/2024 | - | 12 mio. | 189.4 mio. | 54.7 mio. | 120 | |
| 202301/01/2023 – 31/12/2023 | 815.5 mio. | 11 mio. | 186.7 mio. | 42.8 mio. | 124 | |
| 202201/01/2022 – 31/12/2022 | 717.1 mio. | 5.5 mio. | 303.3 mio. | 31.7 mio. | 115 | |
| 202101/01/2021 – 31/12/2021 | 787.7 mio. | -4.3 mio. | 254.1 mio. | 26.2 mio. | 118 | |
| 202001/01/2020 – 31/12/2020 | - | 5.4 mio. | 245.3 mio. | 30.5 mio. | 124 | |
| 201901/01/2019 – 31/12/2019 | - | 5.5 mio. | 63.9 mio. | 25.1 mio. | 118 | |
| 201801/01/2018 – 31/12/2018 | - | 905 t. | 44.8 mio. | 19.7 mio. | 124 | |
| 201701/01/2017 – 31/12/2017 | - | 2.7 mio. | 47.8 mio. | 18.8 mio. | 135 | |
| 201601/01/2016 – 31/12/2016 | - | -4.8 mio. | 47.5 mio. | 16.1 mio. | 141 | |
| 201501/01/2015 – 31/12/2015 | - | 16.8 mio. | 83.9 mio. | 40.9 mio. | 139 |
Compared to 52 companies in Fremstilling af elektriske motorer, generatorer og transformatorer
Comparison is based on industry median values
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Set up monitoringThe CVR number of Baettr Lem A/S is 35515046.
Baettr Lem A/S is owned by Baettr Holding GmbH.
The management of Baettr Lem A/S consists of Michael Westh Thorsen.
The board of Baettr Lem A/S consists of Peter Christian Pallishøj, Maria-Louise Schmidt Bjørkmann and Michael Westh Thorsen, with Peter Christian Pallishøj as chair.
In 2025, Baettr Lem A/S reported a gross profit of DKK 26,035,601.
Baettr Lem A/S had 115 employees in 2018 according to the Danish CVR register.
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Baettr Lem A/S has published its annual report for 2025. Gross profit came to DKK 26,035,601, and the net result was DKK -39,218,127.
As of June 11, 2026, Maria-Louise Schmidt Bjørkmann has joined the board of directors of Baettr Lem A/S.
As of June 11, 2026, Poul Erik Kamstrup Kristensen has left the board of directors of Baettr Lem A/S.
As of October 9, 2025, Peter Christian Pallishøj has joined the board of directors of Baettr Lem A/S.
As of October 9, 2025, Poul Erik Kamstrup Kristensen has joined the board of directors of Baettr Lem A/S.
As of October 9, 2025, Thomas Kiilerich Henriksen has left the board of directors of Baettr Lem A/S.
As of October 8, 2025, Peter Christian Pallishøj has left the board of directors of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2024. Gross profit came to DKK 96,852,178, and the net result was DKK 11,980,798.
As of January 31, 2025, Thomas Kiilerich Henriksen has joined the board of directors of Baettr Lem A/S.
As of January 31, 2025, Thomas Rahbek has left the board of directors of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2023. Revenue came to DKK 815,473,998, and the net result was DKK 11,024,879.
Baettr Lem A/S has published its annual report for 2022. Revenue came to DKK 717,071,966, and the net result was DKK 5,496,803.
Baettr Lem A/S has published its annual report for 2021. Revenue came to DKK 787,723,574, and the net result was DKK -4,302,605.
As of April 29, 2022, Michael Westh Thorsen has joined the board of directors of Baettr Lem A/S.
As of April 29, 2022, Michael Westh Thorsen is registered as adm. dir. of Baettr Lem A/S.
As of April 29, 2022, Peter Christian Pallishøj has stepped down as adm. dir. of Baettr Lem A/S.
As of April 8, 2022, Mads Lykke Nørby has left the board of directors of Baettr Lem A/S.
As of January 27, 2022, Claus Veenstra has stepped down as director of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2020. Gross profit came to DKK 84,068,936, and the net result was DKK 5,435,392.
As of April 22, 2021, Mads Lykke Nørby has joined the board of directors of Baettr Lem A/S.
As of April 22, 2021, Ingo Knecht has left the board of directors of Baettr Lem A/S.
As of January 12, 2021, Thomas Rahbek has joined the board of directors of Baettr Lem A/S.
As of January 12, 2021, Ina Hannen has left the board of directors of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2019. Gross profit came to DKK 80,594,262, and the net result was DKK 5,536,675.
As of November 1, 2019, Ina Hannen has joined the board of directors of Baettr Lem A/S.
As of November 1, 2019, Ingo Knecht has joined the board of directors of Baettr Lem A/S.
As of November 1, 2019, Stefan Brandt has left the board of directors of Baettr Lem A/S.
As of November 1, 2019, Claus Veenstra is registered as director of Baettr Lem A/S.
As of October 31, 2019, Ina Hannen has left the board of directors of Baettr Lem A/S.
As of August 4, 2019, is registered as an owner of Baettr Lem A/S with an ownership share of 100%.
On June 4, 2019, the company changed its name from GLOBAL CASTINGS LEM A/S to Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2018. Gross profit came to DKK 71,693,586, and the net result was DKK 905,269.
As of November 6, 2018, Ina Hannen has joined the board of directors of Baettr Lem A/S.
As of November 6, 2018, Michael Engelen has left the board of directors of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2017. Gross profit came to DKK 78,323,385, and the net result was DKK 2,662,528.
Baettr Lem A/S has published its annual report for 2016. Gross profit came to DKK 79,254,797, and the net result was DKK -4,826,489.
As of February 22, 2017, Frank Høgholm has left the board of directors of Baettr Lem A/S.
As of February 22, 2017, Peter Christian Pallishøj is registered as adm. dir. of Baettr Lem A/S.
As of February 22, 2017, Frank Høgholm has stepped down as adm. dir. of Baettr Lem A/S.
As of January 2, 2017, Peter Christian Pallishøj has joined the board of directors of Baettr Lem A/S.
As of January 2, 2017, Michael Engelen has joined the board of directors of Baettr Lem A/S.
As of January 2, 2017, Stefan Brandt has joined the board of directors of Baettr Lem A/S.
As of January 2, 2017, Allan Harritslev Nielsen has left the board of directors of Baettr Lem A/S.
As of January 1, 2017, Michael Engelen has left the board of directors of Baettr Lem A/S.
As of November 15, 2016, Allan Harritslev Nielsen has joined the board of directors of Baettr Lem A/S.
As of November 15, 2016, Michael Engelen has joined the board of directors of Baettr Lem A/S.
As of November 15, 2016, Kim Kronborg Christiansen has left the board of directors of Baettr Lem A/S.
As of November 14, 2016, Michael Engelen has left the board of directors of Baettr Lem A/S.
Baettr Lem A/S has published its annual report for 2015. Gross profit came to DKK 105,064,193, and the net result was DKK 16,833,385.
As of June 7, 2016, Michael Engelen has joined the board of directors of Baettr Lem A/S.
As of June 7, 2016, Allan Harritslev Nielsen has left the board of directors of Baettr Lem A/S.
As of September 1, 2015, Frank Høgholm has joined the board of directors of Baettr Lem A/S.
As of September 1, 2015, Peter Christian Pallishøj has left the board of directors of Baettr Lem A/S.
As of September 1, 2015, Frank Høgholm is registered as adm. dir. of Baettr Lem A/S.
As of September 1, 2015, Peter Christian Pallishøj has stepped down as adm. dir. of Baettr Lem A/S.
Baettr Lem A/S has published its interim report for the period October 7, 2013 – December 31, 2014.
As of October 31, 2013, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Baettr Lem A/S.
As of October 31, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Baettr Lem A/S.
As of October 31, 2013, Kim Kronborg Christiansen has joined the board of directors of Baettr Lem A/S.
As of October 31, 2013, Peter Christian Pallishøj has joined the board of directors of Baettr Lem A/S.
As of October 31, 2013, Allan Harritslev Nielsen has joined the board of directors of Baettr Lem A/S.
As of October 31, 2013, Flemming Obenhausen Andersen has left the board of directors of Baettr Lem A/S.
As of October 31, 2013, Steen Møller has left the board of directors of Baettr Lem A/S.
As of October 31, 2013, Jean-Marc Denis Lechene has left the board of directors of Baettr Lem A/S.
As of October 31, 2013, Peter Christian Pallishøj is registered as adm. dir. of Baettr Lem A/S.
As of October 31, 2013, Jean-Marc Denis Lechene has stepped down as director of Baettr Lem A/S.
On October 31, 2013, the company changed its name from VML 2013 A/S to GLOBAL CASTINGS LEM A/S.
As of October 7, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Baettr Lem A/S.
As of October 7, 2013, Flemming Obenhausen Andersen has joined the board of directors of Baettr Lem A/S.
As of October 7, 2013, Steen Møller has joined the board of directors of Baettr Lem A/S.
As of October 7, 2013, Jean-Marc Denis Lechene has joined the board of directors of Baettr Lem A/S.
As of October 7, 2013, Jean-Marc Denis Lechene is registered as director of Baettr Lem A/S.
Baettr Lem A/S was founded on October 7, 2013.
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