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ITW GSE ApS: Financial statements 2016

CVR: 74218814

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

ITW GSE ApS (CVR 74218814) has filed annual accounts for 2016. In 2016, the company reported revenue of DKK 368,760,923 and a net result of DKK 46,312,726 compared with DKK 30,271,679 the year before. The profit margin was 12.6%. Equity in the 2016 report amounted to DKK 314,211,865. The solvency ratio was 88.7%.

Revenue
DKK 368,760,923
Gross Profit
DKK 113,550,321
Profit/Loss
DKK 46,312,726
Equity
DKK 314,211,865
Total Assets
DKK 354,105,925

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2016368.8 mio.113.6 mio.46.3 mio.314.2 mio.-
2015-91.6 mio.30.3 mio.267.9 mio.-
2014-113.8 mio.54.5 mio.237.6 mio.81
2013-111.4 mio.52.9 mio.183.2 mio.70

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Events in 2016

ITW GSE ApS: The 2015 annual report is outMay 11, 2016

ITW GSE ApS has published its annual report for 2015. Gross profit came to DKK 91,612,195, and the net result was DKK 30,271,679.

Birgit Andersen joins the board of ITW GSE ApSMay 3, 2016

As of May 3, 2016, Birgit Andersen has joined the board of directors of ITW GSE ApS.

Vagn Thorup leaves the board of ITW GSE ApSMay 3, 2016

As of May 3, 2016, Vagn Thorup has left the board of directors of ITW GSE ApS.

About ITW GSE ApS

ITW GSE ApS is a Danish company of the type Anpartsselskab based in Odense N, founded in 1984. The company is registered under the industry Fremstilling af elektriske motorer, generatorer og transformatorer. The management consists of Poul Laursen Elvstrøm. The board consists of Manoela Pereira Fry (chair), Lars Storm, Monique Martins and Poul Laursen Elvstrøm. The company is owned by ITW DENMARK ApS. The company has 75 employees (2018). In 2025, the company reported revenue of DKK 751,981,516 and a net result of DKK 146,761,481 compared with DKK 133,532,561 the year before. Equity in the 2025 report amounted to DKK 268,835,425.

Source: annual report 2025, Danish Business Authority