FUELTECH A/S: Financial statements 2020
CVR: 39967413
Source: annual report 2020, Danish Business Authority
01/11/2019 – 31/10/2020
FUELTECH A/S (CVR 39967413) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 68,322,261 and a net result of DKK 6,199,463 compared with DKK 3,690,023 the year before. That is an increase of 12.2% compared with the year before. The profit margin was 9.1%. Equity in the 2020 report amounted to DKK 12,954,426. The solvency ratio was 29.9%. The company had 33 employees in the financial year.
- Revenue
- DKK 68,322,261
- Gross Profit
- DKK 21,441,160
- Profit/Loss
- DKK 6,199,463
- Equity
- DKK 12,954,426
- Total Assets
- DKK 43,381,314
- Employees
- 33
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 68.3 mio. | 21.4 mio. | 6.2 mio. | 13 mio. | 33 |
| 2019 | 60.9 mio. | 21.4 mio. | 3.7 mio. | 9.8 mio. | 30 |
Official annual report
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FUELTECH A/S has published its annual report for 2019. Revenue came to DKK 60,907,147, and the net result was DKK 3,690,023.
About FUELTECH A/S
FUELTECH A/S is a Danish company of the type Aktieselskab based in Hedensted, founded in 2018. The company is registered under the industry Fremstilling af andre haner og ventiler. The company was previously named ELTRONIC FUELTECH A/S. The management consists of Mari-Louise Kahr Andreasen. The board consists of Jesper Teddy Lok (chair), Anders Egehus and Thomas Kastrup Sørensen. The company is owned by GERTSEN & OLUFSEN A/S. The company has 30 employees (2018). In 2025, the company reported revenue of DKK 415,988,070 and a net result of DKK 62,977,853 compared with DKK 30,312,677 the year before. Equity in the 2025 report amounted to DKK 127,250,818.