Owners, management and financials
CVR: 39856638
Previous names: KR 627 A/S, ABB Power Grids Denmark A/S
DKK 1,422,435,000
Revenue
Net result: DKK 45,657,000
Hitachi Energy AG (100%)
CVR · view owners
Claus Madsen
Board: Camilla Sofia Jansson (chair) and 2 members
CVR · view management
Active
Founded 12 September 2018
CVR · view overview
98 employees
CVR · 2026
Name registered: Hitachi Energy Denmark A/S
CVR · 01/11/2021
View the full event history
Hitachi Energy Denmark A/S is a Danish company of the type Aktieselskab based in Ballerup, founded in 2018. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named ABB Power Grids Denmark A/S and KR 627 A/S. The management consists of Claus Madsen. The board consists of Camilla Sofia Jansson (chair), Cathrine Bech Aagaard and Claus Madsen. The company is owned by Hitachi Energy AG. The company has 98 employees (2026). In 2026, the company reported revenue of DKK 1,422,435,000 and a net result of DKK 45,657,000 compared with DKK 14,590,000 the year before. Equity in the 2026 report amounted to DKK 318,727,000.
Source: annual report 2026, Danish Business Authority
Hitachi Energy Denmark A/S demonstrates a strong financial trajectory, with revenue peaking at 1.6 billion DKK in 2023 before slightly declining to 1.42 billion DKK in 2026. Profitability has improved significantly, with net profit rising from 3.6 million DKK in 2022 to 45.7 million DKK in 2026, indicating effective cost management and operational efficiency. The company's equity has also strengthened, reaching 318.7 million DKK in 2026, which reflects a solid financial foundation. However, the declining revenue trend over the last two years may raise concerns about market positioning and competitive pressures within the machinery and equipment wholesale industry. Overall, Hitachi Energy Denmark A/S appears well-positioned for future growth, provided it addresses potential revenue challenges.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at udvikle, fremstille, markedsføre, sælge og bestille produkter, systemer og projekter inden for elforsyningsautomation og -integration, højspændingsprodukter og transformatorer.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202601/04/2025 – 31/03/2026 | 1.4 mia. | 45.7 mio. | 1.3 mia. | 318.7 mio. | 86 | |
| 202501/04/2024 – 31/03/2025 | 1.5 mia. | 14.6 mio. | 1.2 mia. | 273.1 mio. | 67 | |
| 202401/04/2023 – 31/03/2024 | 1.5 mia. | 38.2 mio. | 1.1 mia. | 258.5 mio. | 56 | |
| 202301/04/2022 – 31/03/2023 | 1.6 mia. | 18.7 mio. | 1 mia. | 136.2 mio. | 47 | |
| 202201/04/2021 – 31/03/2022 | 568 mio. | 3.6 mio. | 602.1 mio. | 117.5 mio. | 43 |
Compared to 1.737 companies in Engroshandel med andre maskiner og andet udstyr
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
17 public tenders won
Showing 10 of 17 contracts
See all won contracts on UdbudsScannerSources: TED (the EU tender database) and udbud.dk
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See the API documentationThe CVR number of Hitachi Energy Denmark A/S is 39856638.
Hitachi Energy Denmark A/S is owned by Hitachi Energy AG.
The management of Hitachi Energy Denmark A/S consists of Claus Madsen.
The board of Hitachi Energy Denmark A/S consists of Camilla Sofia Jansson, Cathrine Bech Aagaard and Claus Madsen, with Camilla Sofia Jansson as chair.
In 2026, Hitachi Energy Denmark A/S reported revenue of DKK 1,422,435,000.
Hitachi Energy Denmark A/S had 98 employees in 2026 according to the Danish CVR register.
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Hitachi Energy Denmark A/S has won the tender "EU-udbud af Shunt-reaktorer 25-30 MVAr til KONSTANT Net og Dinel" issued by KONSTANT Net A/S worth 71,712,820 DKK.
Hitachi Energy Denmark A/S has won the tender "145 kV GIS substations for Ølstykke (ØLS)" issued by Energinet Eltransmission A/S worth 4,084,300 EUR.
Hitachi Energy Denmark A/S has won the tender "Udbud af Dobbeltskinne indendørs 60 kV AIS-anlæg til station Drejebænken (Fyn)" issued by VORES ELNET A/S worth 12,772,600 DKK.
Hitachi Energy Denmark A/S has published its annual report for 2026. Revenue came to DKK 1,422,435,000, and the net result was DKK 45,657,000.
Hitachi Energy Denmark A/S has won the tender "EU Tender: Re-Tender for framework agreement concerning Arc Suppression coils - Lot 1 & Lot 2" issued by N1 A/S worth 160,000,000 DKK.
Hitachi Energy Denmark A/S has won the tender "LOT 1 - Variable Shunt Reactors for outdoor installation for SLF02 and NEA" issued by Energinet Eltransmission A/S worth 108,467,678 EUR.
Hitachi Energy Denmark A/S has won the tender "Indkøb af 60 kV Shunt Reaktorer" issued by TREFOR EL-NET A/S worth 26,892,000 DKK.
Hitachi Energy Denmark A/S has published its annual report for 2025. Revenue came to DKK 1,526,927,000, and the net result was DKK 14,590,000.
Hitachi Energy Denmark A/S has won the tender "Procurement of 2 (two) DC wall bushings" issued by Energinet Eltransmission A/S worth 601,000 EUR.
Hitachi Energy Denmark A/S has won the tender "420kV GIS unit with alternative insulation media for Lindehøj" issued by Energinet Eltransmission A/S worth 104,796,000 EUR.
Hitachi Energy Denmark A/S has won the tender "Rammeaftale vedrørende oline bemanding, nyopfyldninger og regenerering" issued by Energinet Eltransmission A/S worth 7,593,000 DKK.
Hitachi Energy Denmark A/S has won the tender "EU-udbud rammeaftale - Levering af 60 kV udendørs effektafbrydere" issued by VORES ELNET A/S worth 46,900,000 DKK.
Hitachi Energy Denmark A/S has won the tender "60/10 kV transformere (Ravdex, Flow Elnet og Veksel)" issued by FLOW ELNET A/S worth 21,003,177 DKK.
Hitachi Energy Denmark A/S has won the tender "Framework Agreement - Repair on transmission transformers and reactors" issued by Energinet Eltransmission A/S worth 13,300,000 EUR.
Hitachi Energy Denmark A/S has won the tender "Framework Agreement for electrical measurements on transformers and reactors" issued by Energinet Eltransmission A/S worth 200,000 DKK.
Hitachi Energy Denmark A/S has won the tender "145 kV GIS substations for Hovegård (HVE)" issued by Energinet Eltransmission A/S worth 11,423,100 EUR.
Hitachi Energy Denmark A/S has published its annual report for 2024. Revenue came to DKK 1,526,745,000, and the net result was DKK 38,240,000.
Hitachi Energy Denmark A/S has won the tender "Udbud af nulpunktstransformere og slukkespoler" issued by Vores Elnet A/S worth 28,499,913 DKK.
Hitachi Energy Denmark A/S has won the tender "Mobile HV-Switchgear (Compact Switchgear or GIS)" issued by Energinet Eltransmission A/S worth 1,703,705 EUR.
As of February 1, 2024, Camilla Sofia Jansson has joined the board of directors of Hitachi Energy Denmark A/S.
As of February 1, 2024, Carl Peter Jansson has left the board of directors of Hitachi Energy Denmark A/S.
Hitachi Energy Denmark A/S has won the tender "Procurement of two 132/30 kV, 100MVA transformers for substation Amager koblingsstation for indoor installation. 127-2221 - 132 kV Amager Kbst St. REI" issued by Energinet Eltransmission A/S worth 5,138,900 EUR.
Hitachi Energy Denmark A/S has published its annual report for 2023. Revenue came to DKK 1,598,062,000, and the net result was DKK 18,720,000.
As of February 28, 2023, Cathrine Bech Aagaard has joined the board of directors of Hitachi Energy Denmark A/S.
As of February 28, 2023, Frank Johan Söderström has left the board of directors of Hitachi Energy Denmark A/S.
Hitachi Energy Denmark A/S has published its annual report for 2022. Revenue came to DKK 568,041,000, and the net result was DKK 3,641,000.
On November 1, 2021, the company changed its name from ABB Power Grids Denmark A/S to Hitachi Energy Denmark A/S.
Hitachi Energy Denmark A/S has published its interim report for the period January 1, 2020 – March 31, 2021.
Hitachi Energy Denmark A/S has published its interim report for the period September 12, 2018 – December 31, 2019.
As of June 11, 2020, EY Godkendt Revisionspartnerselskab has been appointed auditor of Hitachi Energy Denmark A/S.
As of June 11, 2020, KPMG P/S has stepped down as auditor of Hitachi Energy Denmark A/S.
As of April 30, 2019, KPMG P/S has been appointed auditor of Hitachi Energy Denmark A/S.
As of April 30, 2019, Claus Madsen has joined the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Frank Johan Söderström has joined the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Carl Peter Jansson has joined the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Christina Bruun Geertsen has left the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Bent Kemplar has left the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Jeppe Buskov has left the board of directors of Hitachi Energy Denmark A/S.
As of April 30, 2019, Claus Madsen is registered as adm. dir. of Hitachi Energy Denmark A/S.
As of April 30, 2019, Bent Kemplar has stepped down as director of Hitachi Energy Denmark A/S.
On April 30, 2019, the company changed its name from KR 627 A/S to ABB Power Grids Denmark A/S.
As of April 30, 2019, is registered as an owner of Hitachi Energy Denmark A/S with an ownership share of 100%.
As of September 12, 2018, Christina Bruun Geertsen has joined the board of directors of Hitachi Energy Denmark A/S.
As of September 12, 2018, Bent Kemplar has joined the board of directors of Hitachi Energy Denmark A/S.
As of September 12, 2018, Jeppe Buskov has joined the board of directors of Hitachi Energy Denmark A/S.
As of September 12, 2018, Bent Kemplar is registered as director of Hitachi Energy Denmark A/S.
Hitachi Energy Denmark A/S was founded on September 12, 2018.
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